Shau Kei Wan ORIA220 open-plan unit at 220 sq ft leased for HK$14,500 per month; projected 2025 gross rental yield exceeds 5%

Larry Chau, senior regional manager of Midland Realty’s Shau Kei Wan – Main Street branch, said the agency recently secured a lease for a 220-square-foot open-plan unit at ORIA in Shau Kei Wan, with the tenant agreeing to a monthly rent of HK$14,500.

Chau noted that the aforementioned lease covers Unit C on a low floor of ORIA, with a saleable area of approximately 220 square feet and an open-plan layout. ORIA is relatively new, and its proximity to the MTR station ensures convenient transport links—contributing to strong leasing demand. Given the unit’s attractive rental price, it was quickly taken up by a tenant at HK$14,500 per month, equating to a saleable-area rent of about HK$66 per square foot.

Records show the owner purchased the aforementioned property in January 2025 for around HK$3.39 M. At the current rent, the gross rental yield stands at approximately 5.1%.

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