Property Information Property Description **Apartment Rental Information** **Payment Options:** We offer multiple flexible payment options: quarterly, semi-annual, and annual payments. 1. **Quarterly Payment**: Available for students studying in Hong Kong who can provide proof of income and bank statements (e.g., PhD candidates), with a 15% surcharge applied. The deposit is equivalent to three months' rent. 2. **Semi-Annual Payment**: Available for all students, with a 10% surcharge applied. The deposit is equivalent to four months' rent. 3. **Annual Payment**: Available for all tenants, with no surcharge. The deposit is equivalent to two months' rent. **Apartment Location and Facilities** The apartment building is located in a diverse community with abundant dining and shopping options nearby. The nearest shopping center is just a 4-minute walk away. The building features 24-hour security and smart door locks to ensure your safety. The apartment includes one single room and one double room, along with shared common areas. Whether you prefer a quiet, independent lifestyle or enjoy a vibrant community atmosphere, this place meets your needs. **Frequently Asked Questions** Utilities (water, electricity, gas, and internet) are charged separately at HKD 490 per person per month. This fee covers water, electricity, gas, Wi-Fi, and management fees. **Cost Breakdown** The total cost under the rental agreement includes: deposit (two months' rent) + total rent (twelve months' rent) + management fee (8% of total rent) + half of the stamp duty (payable to the Hong Kong government). Utility costs are included within the management fee. **Management Fee Policy** - **Calculation Method**: The management fee is 8% of the total rent. - **Included Services and Costs**: - Each unit receives a monthly utility allowance of HKD 1,000 for shared water and electricity usage. During the tenancy, the apartment will manage all utility matters (including gas connection if applicable), and retain utility bills and payment records for tenants to review. At the end of the tenancy, if usage exceeds the allowance, the excess cost will be equally shared among all tenants and deducted from the deposit. - Includes property management fees, land tax, rates, apartment Wi-Fi, concierge service fees, regular cleaning every Sunday afternoon, free maintenance and replacement of electrical appliances within the apartment, and free repair and replacement of furniture and bedding provided by the apartment. Please note that images and videos are reference photos of units within the same residential complex and may differ from the actual room upon move-in. For further information, please contact our consultant. **Risk Warning** Recently, there have been cases in Hong Kong's rental market where tenants suffered financial losses after paying a full year's rent upfront. To protect our clients' interests, all apartments we partner with support multiple payment methods, allowing you to flexibly choose based on your personal situation—such as one-time payment, quarterly, or monthly installments. Please be aware that any resulting losses must be borne by yourself. WeChat Contact: huw352