101 Repulse Bay
|Project Highlight :
looking the South China sea
apartment ranging from 1,356 to 6,544 sq ft
pool, Tennis court, Gym
127 Repulse Bay
Elite homes on offer in 'dress
circle' of luxury
The cream of Repulse Bay's luxurious
residential area is No 127 Repulse Bay. And the mark of its quality is
reflected in its monthly rent of more than $100,000.
The residential tower, which
enjoys a panoramic view of Repulse Bay Beach, consists of 48 units from
2,990 sq ft to 3,008 sq ft and two penthouse units.
"With such rent, one can easily lease a decent two-storey house in
Island South for around $40 per square foot," said a district manager
of local property brokerage firm.
He said a 3,000 sq ft house
in Belleview Drive was being leased for only $80,000 to $ 90,000 a month and
a fully furnished 2,500 sq ft house in an established luxurious villa,
Hong Kong Parkview, was leased for $75,000 a month.
He said that the apartments in the
residential block, developed by Sun Hung Kai Properties (SHKP), were among
the most expensive in the Repulse Bay leasing market.
"It is located in the centre
of Repulse Bay, which is more accessible than the part closer to Deep Water
Bay. The four-year-old building is comparatively new among luxury
residential properties in Southern District," he said.
Mr Ng said the residential block
was a highly sought-after address as only a few tenants had moved since the
building was completed in 1999.
According to the developer,
monthly rent for the four flats available for lease ranged from $115,000 to
The most expensive unit on the
27th floor, flat A, is fully furnished. The other flats available are 18B at
$115,000, 19A at $130,000 and 21A at $140,000 per month.
All four apartments feature two
en-suite bedrooms, two regular-sized rooms and a walk-in closet.
Sun Hung Kai Property senior
leasing manager Mavis Kang Min said most flats were leased within a month of
tenants moving out.
"And we provide superior
services to the tenants. We pay home visits from time to time to know more
about their special needs," said Ms Kang.
And such visits come with a price
on a par with the pricy rent. According to the developer, the management fee
for regular units is $10,500 per month.
Ms Kang said it was rare for a
single-block building even of its class to have such extensive clubhouse
facilities. Apart from a standard gymnasium and a 25-metre swimming pool, it
has an outdoor barbecue site, tennis and squash courts, and a Jacuzzi.
SHKP subsidiary Hong Yip
Service Company and the Royal Garden hotel, jointly manage the building,
offering tenants value-added services including housekeeping, laundry,
babysitting, airline ticketing and bouquet services for an extra cost.
December 1 South
China Morning Post