The high-floor sea view three-bedroom two-bathroom unit at The Pier Bay was leased for HKD 35,000, with a rental price of HKD 33.7 per square foot

The assistant district director of Hong Kong Property's Kwai Tsing Polin Bay branch, Xiong Jianming, stated that the branch recently facilitated a notable rental transaction for Phase 6 of Polin Bay, involving a high-floor three-bedroom unit with two suites and a servant's quarter, which was leased to a new tenant at a monthly rent of HKD 35,000, with an immediate signing, resulting in a practical rent of HKD 33.7 per square foot.

The rented unit is located on a high floor of Block 33 in Phase 6 of Polin Bay, with a usable area of approximately 1,040 square feet, consisting of three bedrooms, two suites, and a servant's quarter, facing southeast with a sea view of the Tsing Ma Bridge. Xiong Jianming mentioned that the unit was initially offered for rent at around HKD 36,000, attracting a new tenant who negotiated the rent down to HKD 35,000, resulting in a practical rent of HKD 33.7 per square foot. The new tenant favored the unit due to the extreme scarcity of rental listings in Phase 6, coupled with its high-floor location, which offers excellent privacy and views, leading to an immediate rental agreement.

Data shows that the owner purchased the unit in March 2012 for approximately HKD 8.843 million and is currently enjoying a rental yield of about 4.6%