High rental demand and high rental returns: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.
999-year long property rights:Since land lessees with a 999-year land lease only need to pay rates, which is 5% of the rental value assessment, they don't need to bear the pressure of paying ground rent or land premium and other renewal conditions.
So compared with other lands that need to pay rates and ground rent, the 999-year land lease does have certain advantages.
Convenient transportation:You can reach the Kennedy Town Station of the MTR on foot. It's just one stop to the University of Hong Kong and only a few stops to Central and Admiralty.
Fast access by MTR: It takes 7 minutes to reach Central and 14 minutes to Causeway Bay. You can quickly reach the core business districts on Hong Kong Island.
Connected by high - speed rail: It takes 14 minutes to reach the high - speed rail station via the Western Harbour Tunnel. It takes 14 minutes to Shenzhen, 48 minutes to Guangzhou, 8 hours to Shanghai and 10 hours to Beijing. You can travel freely in the Greater Bay Area and even across the country.
Convenient airport access: It takes 45 minutes to reach Hong Kong International Airport, making international travel stress - free.
Special way to travel: Take the century - old tram in Hong Kong to wander around the Western District of Hong Kong Island, discover off - the - beaten - path scenic spots like Shek Tong Tsui and Sheung Wan, and experience the authentic Hong Kong flavor.
Outstanding community facilities:For single - building projects, the clubhouse is usually not a strong point. But this time, Haiyu is a bit different. The project has a prestigious resident clubhouse [Club Bayside]. With floor - to - ceiling glass and a semi - open design, it integrates the boundless sea view into the clubhouse.
The clubhouse is located on the 2nd and 3rd floors and is jointly created by the famous architectural design firm RONALD LU & PARTNERS and designers WILLIAM YEUNG and EUGENIA YIU.
2nd floor: The all - day clubhouse has a relaxation area and a 24 - hour fitness room, allowing residents to enjoy the company of the sea while relaxing.
3rd floor: The semi - open space also has a seaside bar and an outdoor theater. Whether you're savoring a moment of mild intoxication or indulging in the star - lit scenery, you can enjoy a lifestyle in harmony with nature in the sea breeze.
Excellent school network:The project is located in the high-quality education area of the Central and Western District. There are primary schools in School Network 11 and secondary schools in the Central and Western District surrounding it. It is adjacent to the University of Hong Kong. From early education to higher education, high-quality resources accompany all the way, creating a base for the growth of elites.
Primary schools (School Network 11): St. Joseph's Convent School, St. Stephen's Girls' College Primary School, St. Peter's Primary School of the Anglican Church, Lee Shing Primary School and other well-known schools. You can choose the best for early education.
Secondary schools (Central and Western District): St. Paul's Co-educational College, Ying Wa Girls' School, King's College, St. Paul's College and other well-known institutions of higher learning, which escort the academic progress.
Adjacent to universities: The University of Hong Kong is just around the corner. The strong academic atmosphere nourishes daily growth.