Property Information Property Description **Apartment Payment Methods** This apartment offers multiple payment options including quarterly, semi-annual, and annual payments as follows: 1. **Quarterly Payment**: Available for international students (currently enrolled PhD students) who are affiliated with a Hong Kong institution and can provide proof of income and bank statements. A 15% surcharge applies. Deposit is equivalent to 3 months' rent. 2. **Semi-Annual Payment**: Available for international students. A 10% surcharge applies. Deposit is equivalent to 4 months' rent. 3. **Annual Payment**: Available for all tenants. No surcharge. Deposit is equivalent to 2 months' rent. The apartment enjoys an excellent location near MTR Mong Kok Station and Mong Kok East Station. The unit is fully furnished and warmly decorated for comfort. The building provides 24-hour security and smart door locks to ensure safety and convenience. A cinema is located right downstairs, enriching residents' leisure time. It takes only seven minutes on foot to reach the renowned shopping mall Langham Place. **Frequently Asked Questions** In addition to rent, each resident must pay HKD 490 per person per month for utilities (water, electricity, gas, internet) and management fees. **Fee Details** The total amount stated in the lease agreement includes: - Deposit (2 months' rent) - Total rent (12 months' rent) - Management fee (8% of total rent) - Half of the stamp duty (payable to the Hong Kong government) Your utility costs (water, electricity, internet) are included within the management fee. **Management Fee Policy** a) Calculation method: 8% of total rent b) Includes all of the following expenses and apartment services: - Utility allowance: Each unit has a monthly utility allowance of HKD 1,000, shared among all occupants. During the lease period, the apartment will handle all utility matters (including gas connection) and keep all utility bills and payment records available for residents to review at any time. If utility costs exceed the allowance by the end of the lease term, the excess amount will be equally divided among all occupants and deducted from the deposit. - Includes property management fees, land rates, and government rates for the building or private estate; apartment Wi-Fi service, concierge service, regular cleaning every Sunday afternoon, free maintenance and replacement of appliances due to natural wear and tear, and free repair and replacement of furniture and bedding provided by the apartment. Photos and videos are for reference only. Actual rooms may vary upon move-in. For further details, please contact our consultant. **Risk Notice** In recent years, 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 every client's interests, all our partner apartments offer flexible payment plans, including one-time payment, quarterly payment, or monthly payment. Please choose your preferred payment method rationally based on your personal circumstances. We advise you to be aware of potential risks, as any resulting loss will be borne solely by yourself. WeChat Contact: huw352