Sea-View Units in High Demand as Tai Kok Tsui and Kai Tak Rentals Conclude
SingTao · 1 SOURCESabout 2 hours ago6 MIN
Summary
Two sea-view residential units in Hong Kong's Tai Kok Tsui and Kai Tak districts have been leased within days of listing, underscoring persistent demand for premium waterfront properties. A two-bedroom flat at Harbour Green (凱帆軒) in Tai Kok Tsui commanded HK$23,500 per month, while a one-bedroom unit at Victoria Harbour One (維港1號) in Kai Tak leased for HK$15,500 monthly. Industry observers note that policy clarity has sustained rental demand, with quality units absorbing quickly in both districts.
Key Points
- Harbour Green's Tower 1 high-floor unit A, a south-facing two-bedroom with full sea views, leased for HK$23,500 after just eight days on market, down from the original asking rent of HK$24,500, representing a 4.1 percent reduction
- The Tai Kok Tsui property was purchased by the previous owner in November 2017 for approximately HK$8.28 million, generating a rental yield exceeding 3.4 percent at current rental rates
- Victoria Harbour One's Tower 2B low-floor unit H, a 349-square-foot one-bedroom with open kitchen and sea views, leased for HK$15,500 per month, or approximately HK$44 per square foot, after negotiation from the HK$16,000 asking price
- The Kai Tak unit was acquired brand new in 2021 for approximately HK$8.302 million, yielding a rental return of about 2.2 percent; the development currently has about six units available for rent with one-bedroom units starting from HK$16,000 per month
- As of mid-September 2026, Harbour Green recorded three rental transactions, matching the previous month's total, while industry executives forecast continued steady activity in the Tai Kok Tsui and Olympic Station areas
Why It Matters
The quick leasing of these sea-view units demonstrates that policy direction is stimulating rental demand, particularly for quality waterfront properties in emerging districts like Kai Tak and established neighborhoods like Tai Kok Tsui. As the rental market remains active, investors holding similar properties can expect sustained tenant interest, while the two-year gap between purchase dates and rental yields highlights the importance of location and view premiums in maintaining competitive returns in Hong Kong's residential rental market .
The quick leasing of these sea-view units demonstrates that policy direction is stimulating rental demand, particularly for quality waterfront properties in emerging districts like Kai Tak and established neighborhoods like Tai Kok Tsui. As the rental market remains active, investors holding similar properties can expect sustained tenant interest, while the two-year gap between purchase dates and rental yields highlights the importance of location and view premiums in maintaining competitive returns in Hong Kong's residential rental market .