The hotel is located in Yau Ma Tei, just a 4-minute walk from Yau Ma Tei MTR Station. All rooms feature separated dry and wet bathroom areas, 24-hour hot water supply, and wireless Wi-Fi. Combining efficiency and convenience with thoughtful service, Silka Residence strives to provide you with a value-for-money accommodation experience. Lease Term 12 months Payment Method Students: one month deposit and first month's rent upfront Working professionals in Hong Kong: two months deposit and first month's rent upfront Management Fee Management fee (10% of rent) includes: Concierge service, government rates, furniture and appliance maintenance warranty, garbage collection fee, Wi-Fi, water, electricity, monthly cleaning of common areas, and iRent apartment community tenant accident insurance Subletting Subletting is allowed only if the remaining lease term is more than one month. A handling fee plus penalty fee will be charged for subletting. The penalty fee will be waived in the final quarter of the lease. The handling fee is 10% of the remaining rental period.