kennedy 38

999-year land lease deed：Since land lessees with a 999-year land lease deed only need to pay rates, which is 5% of the rental valuation, they do not have to bear the pressure of renewal conditions such as paying ground rent or land premium. Therefore, compared with other lands that require the payment of rates and ground rent, the 999-year land lease deed indeed has certain advantages. Convenient Transportation：Kennedy 38 is only a two - minute walk from Exit B of the 'Sai Ying Pun' MTR station. From Sai Ying Pun MTR station, 'it only takes one stop to reach the University of Hong Kong' and 'it only takes 10 minutes to get to Central'. You can also transfer to five MTR lines at Central and Admiralty. It provides easy access to all parts of Hong Kong Island! Huge rental demand：Since the housing estate is on the Island Line, in the areas of Central and Admiralty. Many office workers look for living spaces along the MTR line. Kennedy 38 is only a 2-minute walk from the subway station, which is more convenient than other housing estates. Moreover, the demand for school district housing in the Central and Western District has always been high, and both housing prices and rents are very stable.

Kennedy Town in Hong Kong is located at the western end of the Central and Western District on Hong Kong Island. It is not the most top - tier luxury housing area in Hong Kong, but it belongs to a mid - to high - end livable community. The following types of people mainly live here: 1. Financial white - collars and professionals in Central This is the core customer group in the area. Since the MTR can directly reach Central (about 8 - 10 minutes), with convenient transportation, it attracts a large number of high - paid white - collars and management in the finance, law, consulting and other industries who work in Central and Admiralty. They pursue convenient commuting and a relatively quiet living environment. 2. Expatriates (Expat) It has a strong international atmosphere and is one of the popular聚居地 for European and American professionals and diplomats. The living facilities here are well - developed (western restaurants, cafes, supermarkets), the environment is quiet, and it is close to international schools. The rent is more cost - effective compared to Mid - Levels. 3. Teachers, students and scholars of the University of Hong Kong It is adjacent to the University of Hong Kong, attracting a large number of university professors, researchers, mainland and international students to rent. The area has a strong academic atmosphere and convenient living, which is very popular among university people. 4. Middle - class families who value education Kennedy Town belongs to the top primary school network No. 11 in Hong Kong, with many famous schools (such as St. Peter's Primary School and Sacred Heart Canossian School). Many middle - and high - income families choose to buy properties or rent for a long - term here for their children's education. Most of them are families of 2 - 4 people. 5. Local old residents and new immigrants The area retains some old tenement buildings and communities, where many native Hong Kong old residents live. At the same time, with the development in recent years, it has also attracted new middle - class people and new mainland immigrants who are optimistic about the prospects of the Western District to settle here.