Estate score

Hoi Kwong Court: score, psf band and negotiating room

The Pactum Estate Score for Hoi Kwong Court (Quarry Bay) across five pillars — liquidity, net yield, commute, building age and developer — with every underlying figure and its source shown.

Hoi Kwong Court is a private residential estate in Quarry Bay, Hong Kong, with 384 flats completed 1987. Saleable prices run HK$11,765–HK$12,658 per sq ft, management fee is HK$3 per sq ft, gross rental yield is about 2.7% and roughly 4.4% of flats change hands each year.

Hoi Kwong Court
Quarry Bay
Total units
384
Annual turnover
4.4%
Completed
1987–1987
Management fee
HK$2.7/sq ft
Gross yield
2.7%
Net yield
2.19%
Pactum Estate Score
57/100
Saleable psf band
HK$11,616–HK$12,542
Mid psf HK$12,079 per sq ft
Indicative transacted band
HK$5.92M – HK$6.40M
Band midpoint HK$6,160,290

Hoi Kwong Court sits in Quarry Bay with about 384 units completed 1987–1987. Roughly 4.4% of its stock changes hands each year, the weighted commute to the main employment hubs is about 17 minutes, and the net rental yield after management fee, rates and a vacancy allowance works out at 2.19%.

The five pillars

LiquidityYieldCommuteAgeDeveloper
The five factors at a glance

The closer to the outer ring, the stronger. High liquidity means easy entry and exit; high yield means rent supports the price; short commute, younger stock and a solid developer hold value better.

Liquidity
41/100
Yield
60/100
Commute
86/100
Age
32/100
Developer
76/100
LiquidityWeight 30% · 41/100

More trades means more comparables, and harder evidence at the table.

Net rental yieldWeight 25% · 60/100

What you keep after management fees, rates and vacancy.

Commute (weighted hubs)Weight 20% · 86/100

Door-to-door time, weighted across the hubs you selected.

Building ageWeight 15% · 32/100

Drives bank valuation, mortgage tenor and maintenance levies.

Developer & managementWeight 10% · 76/100

Management quality explains long-run price gaps within a district.

Where do you actually work?

Central / Admiralty14 min
Causeway Bay / Wan Chai10 min
Tsim Sha Tsui / Kowloon Station22 min
Kwun Tong / Kowloon Bay18 min
Kai Tak / Kowloon City24 min

Actual flat sizes

These are the real saleable areas quoted on the estate's own portal pages — no guessing needed. Pick a size and the value range, negotiation room and monthly rent below all follow it.

Sizes in this estate: 421–639 ft²

Est. price at this size
HK$6.16M
Est. monthly rent at this size
HK$20,910
LayoutSaleable areaEst. priceEst. monthly rent
1-bed421 ft²HK$5.09MHK$17,261
Studio469 ft²HK$5.67MHK$19,229
1-bed489 ft²HK$5.91MHK$20,049
Studio510 ft²HK$6.16MHK$20,910
2-bed510 ft²HK$6.16MHK$20,910
2-bed639 ft²HK$7.72MHK$26,199

Sizes and rents are crawled daily from the Centanet, Midland and 28Hse estate pages; confirm final figures with a licensed agent.

Price band

Enter saleable area and floor to get this estate's transacted price band and what a negotiation is worth.

Pick a flat size
ReductionSavedNet of our fee
3%HK$184,809HK$92,404
5%HK$308,015HK$154,007
8%HK$492,823HK$246,412

Saved = band midpoint × reduction; net = saved ÷ 2. Real room depends on the seller's position, the bank valuation and same-period comparables.

The negotiating read

Transactions are steady but not constant, so a stale listing and a seller with a deadline are where the discount actually appears. At 39 years old, bank valuation and mortgage tenor also come into play, and a valuation shortfall is a legitimate lever on price.

Where these figures come from

Each figure below links to the public page it was read from, so you can check it.

SourceSaleable psf rangeAverage psfRecent deals
28Hse 千居HK$13,047–HK$15,439HK$13,7424
中原地產 CentanetHK$12,204–HK$15,461HK$13,2921
美聯物業 MidlandHK$13,502–HK$14,038HK$14,0382

Sourced from public pages on the listing portals for comparison only. What any individual flat trades at still depends on aspect, floor, condition and the seller's position.

Data as at August 2026, based on published official and market sources. Price bands are indicative comparisons, not valuations.

Rental levels

Taken from the live rental listings on the major portals — the check on yield, and on how easily the flat lets.

Est. monthly rent at this size · 510 ft²
HK$20,910
Rent per saleable sq ft (monthly)
HK$41.0
Estate average monthly rent
HK$21,150/ month

The whole-estate average the portals publish, across all layouts.

1-bed · 421 ft² · HK$17,261Studio · 469 ft² · HK$19,2291-bed · 489 ft² · HK$20,049Studio · 510 ft² · HK$20,9102-bed · 510 ft² · HK$20,9102-bed · 639 ft² · HK$26,199

Is the asking price fair?

We value each listing against this estate's own reported deals, weighting recent deals more heavily and adjusting for deal date, saleable area, floor level and block, and show the price we would negotiate towards. Where deals are too thin, we fall back to the live asking distribution — the method used is stated below the table.

For sale: 6For rent: 173 reported deals held

No listings captured yet — this refreshes daily.

Reported deals

Our own accumulating ledger of reported deals — the evidence behind every estimate and every negotiation. Crawled daily and never overwritten.

DateUnitSaleable areaPriceSaleable psf
2026-10-09海光苑 大廈 註冊處成交639 ft²HK$9.70MHK$15,180
2026-10-09海光苑 1座 23 B室639 ft²HK$9.70MHK$15,180
2026-10-08I座 23 B室639 ft²HK$9.70MHK$15,180
2026-10-06海光苑 大廈 註冊處成交 2房421 ft²HK$5.18MHK$12,304
2026-10-06海光苑 1座 9 F室421 ft²HK$5.18MHK$12,304
2026-10-05I座 9 F室421 ft²HK$5.18MHK$12,304
2026-09-04海光苑 2房510 ft²HK$6.19MHK$12,137
2026-09-04海光苑 注册处成交 2房510 ft²HK$6.19MHK$12,137
2026-09-04海光苑 大廈 註冊處成交 2房510 ft²HK$6.19MHK$12,137
2026-09-042座 13 A510 ft²HK$6.19MHK$12,137
2026-09-04海光苑 2座 13 A室510 ft²HK$6.19MHK$12,137
2026-09-03II座 13 A室510 ft²HK$6.19MHK$12,137
2026-09-03II座 13 A510 ft²HK$6.19MHK$12,137
2026-08-31海光苑 2房510 ft²HK$3.60M—
2026-08-31海光苑 大廈 註冊處成交 2房510 ft²HK$3.60M—
2026-08-31海光苑 注册处成交 2房510 ft²HK$3.60M—
2026-08-30II 11 A510 ft²HK$3.60M—
2026-08-10海光苑 市场成交 2房510 ft²HK$6.19MHK$12,137
2026-08-10海光苑 2房510 ft²HK$6.19MHK$12,137
2026-08-10海光苑 大廈 市場成交 2房510 ft²HK$6.19MHK$12,137
2026-06-30海光苑 1房489 ft²HK$5.68MHK$11,616
2026-06-301座 9 C489 ft²HK$5.68MHK$11,616
2026-06-30海光苑 大廈 註冊處成交 1房489 ft²HK$5.68MHK$11,616
2026-06-30海光苑 注册处成交 1房489 ft²HK$5.68MHK$11,616
2026-06-30海光苑 1座 9 C室489 ft²HK$5.68MHK$11,616
2026-06-29I 9 C489 ft²HK$5.68MHK$11,616
2026-06-29I座 9 C489 ft²HK$5.68MHK$11,616
2026-06-29I座 9 C室489 ft²HK$5.68MHK$11,616
2026-06-12海光苑 1座 6 F室421 ft²HK$5.28MHK$12,542
2026-06-12海光苑 2房421 ft²HK$5.28MHK$12,542

Listings are crawled daily from the public pages of each agency portal; price, area and availability are as published by that portal and its licensed agents. Pactum Advisor is not an estate agency.

Frequently asked questions

Every answer below is calculated from Hoi Kwong Court's own stored figures and moves with the daily update.

How much is Hoi Kwong Court per square foot?

Saleable prices at Hoi Kwong Court currently run HK$11,765–HK$12,658 per sq ft, with a mid-point of HK$12,212. The band is rebuilt from reported transactions first, then live asking prices, so it tracks what flats actually close at rather than marketing averages.

What does a flat at Hoi Kwong Court cost in total?

A mid-size flat at Hoi Kwong Court works out at roughly HK$6.16M at today's band. Enter the exact saleable area and floor in the price-band tool on this page for a figure specific to the unit you are looking at.

What are the latest transactions at Hoi Kwong Court?

The most recent reported deal we hold at Hoi Kwong Court is from October 2026; the transaction table on this page lists the block, floor band, saleable area, price and price per sq ft for each one.

What is the rental yield at Hoi Kwong Court?

Gross rental yield is about 2.7%. After the HK$3 per sq ft management fee, rates and normal upkeep, the net yield we calculate is 2.19%, on a median reported rent of about HK$21,150 a month.

How much is the management fee at Hoi Kwong Court?

About HK$3 per saleable sq ft per month — roughly HK$1,620 a month for a 600 sq ft flat. Management fee is the largest recurring holding cost after mortgage interest.

How old is Hoi Kwong Court?

Hoi Kwong Court was completed in 1987, making it around 39 years old. Age matters for mortgage terms and for the maintenance levies an older building can charge.

How many units does Hoi Kwong Court have?

384 flats. Around 4.4% of them trade each year, which is what makes comparable evidence available — and that evidence is what a negotiation rests on.

How long does it take to get to Central from Hoi Kwong Court?

About 14 minutes door-to-door from Quarry Bay to Central by public transport. Commute times to Causeway Bay, Tsim Sha Tsui, Kwun Tong and Kai Tak are shown in the commute section on this page.

How much room is there to negotiate at Hoi Kwong Court?

It depends on the individual flat, not the estate: we compare the asking price against deals in the same block, floor band and layout. This page shows what a 3%, 5% and 8% reduction is worth in cash at Hoi Kwong Court. Our fee is half of the reduction we secure, payable on signing the provisional agreement — no reduction, no fee.

What else do I pay when buying at Hoi Kwong Court?

Ad valorem stamp duty, solicitor's fees, agency commission and mortgage-related costs. Every dollar off the agreed price also reduces stamp duty, commission and decades of mortgage interest — see the buying-cost guides linked on this page.

The numbers to settle before buying here

Other estates in Quarry Bay to compare

Same-district alternatives — compare price per sq ft, size and yield before settling on Hoi Kwong Court.

Scores and bands on this page are comparative analysis of published information, not a valuation of any individual flat and not investment advice. Pactum Advisor is not an estate agency and not a licensed valuer; the price a specific flat trades at depends on its aspect, floor, condition and the seller's position.