Jeffrey Ngai Rents HK$130,000 Duplex in Mid-Levels East
SCMP · 1 SOURCESabout 2 hours ago2 MIN
Summary
Hong Kong entertainment star Jeffrey Ngai has rented a luxurious duplex in Mid-Levels East for HK$130,000 (US$16,581) per month, according to market sources. The 28-year-old singer, actor and model will reside near his close friend Ben Cheng Tsun-yin, known professionally as Tyson Yoshi. Ngai's lucrative career reportedly commands advertising endorsement fees exceeding HK$1 million and appearance fees of at least HK$500,000 for brand events.
Key Points
- Jeffrey Ngai, 28, signed a lease for a HK$130,000 monthly duplex rental in Mid-Levels East, translating to approximately US$16,581 per month .
- Ngai's neighbour in the luxury residence is singer-songwriter Tyson Yoshi, a close friend who previously lived in the same area .
- Entertainment industry insiders report Ngai's advertising endorsement fee starts at over HK$1 million, with brand appearance fees of at least HK$500,000 per event .
- Joseph Yan, senior principal district sales director at Centaline Property, noted 141 luxury rental transactions in The Peak and Southern district in August alone .
- Properties with monthly rents between HK$80,000 and HK$150,000 were most sought-after, with the majority concentrated in Repulse Bay .
- Commercial Radio DJ Bonnie Wong Ching-yi, nicknamed Ah Jeng, reportedly rented in the prestigious Kadoorie Hill neighbourhood at HK$70,000 per month, becoming neighbours with Andy Lau Tak-wah and Kelly Chen Wai-lam .
Why It Matters
Ngai's high-profile rental decision underscores the robust demand in Hong Kong's luxury residential market, where summer typically sees increased activity as affluent families seek homes near reputable schools. The transaction reflects the significant earning power of Hong Kong's top entertainers and their continued investment in premium property despite broader market uncertainties .
Ngai's high-profile rental decision underscores the robust demand in Hong Kong's luxury residential market, where summer typically sees increased activity as affluent families seek homes near reputable schools. The transaction reflects the significant earning power of Hong Kong's top entertainers and their continued investment in premium property despite broader market uncertainties .