T Plus has sold 339 of its small flats and a dozen of its tiniest abodes measuring 28 square feet. The project is located about 20 minutes' walk from the Tuen Mun subway station. Photo: SCMP/ Nora Tam

Micro apartments are still popular because their rental yields top the average in Hong Kong’s notoriously costly housing market

  • A flat at The Garrison in Hong Kong’s Tai Wai that sold in July 2018 for HK$4.4 million (US$563,000) has been put on the market for rent at HK$13,500 per month, even before its owner took possession
  • The yield, at 3.7 per cent, tops returns on rental properties across the city, which stood at 2.63 per cent in May
Topic |   Micro-apartments

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T Plus has sold 339 of its small flats and a dozen of its tiniest abodes measuring 28 square feet. The project is located about 20 minutes' walk from the Tuen Mun subway station. Photo: SCMP/ Nora Tam
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Pearl Liu

Pearl Liu

Based in Hong Kong, Pearl covers the property market in the city and China and follows major listed developers. She previously worked at The Straits Times and has also contributed stories to China Daily.