The He Tian family rented out a four-bedroom unit in Jiafuliyuan for 150,000
Market news indicates that the descendants of the founder of HANG SENG BANK, Ho Tim's family, have rented out Unit A on the middle floor of Block 1 of Jiafuliyuan for a monthly rent of HKD 150,000. The unit has a usable area of 2,348 square feet, consisting of four bedrooms and a suite with a studio, with a rental price per usable square foot of HKD 63.8. The rental yield is 4.3%.
The unit was purchased by WAY-IN DEVELOPMENT LIMITED for HKD 42 million in 2009. The company's directors include Ho Hau Cheung and Ho Hau Hei, descendants of one of the founders of HANG SENG BANK, Ho Tim
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