Wai On Building: score, psf band and negotiating room
The Pactum Estate Score for Wai On Building (Tsim Sha Tsui) across five pillars — liquidity, net yield, commute, building age and developer — with every underlying figure and its source shown.
Wai On Building is a private residential estate in Tsim Sha Tsui, Hong Kong, with 107 flats completed 1962. Saleable prices run HK$8,537–HK$10,829 per sq ft, management fee is HK$3 per sq ft, gross rental yield is about 2.8% and roughly 4.7% of flats change hands each year.
- Total units
- 107
- Annual turnover
- 4.7%
- Completed
- 1962–1962
- Management fee
- HK$2.7/sq ft
- Gross yield
- 2.8%
- Net yield
- 2.21%
Wai On Building sits in Tsim Sha Tsui with about 107 units completed 1962–1962. Roughly 4.7% of its stock changes hands each year, the weighted commute to the main employment hubs is about 15 minutes, and the net rental yield after management fee, rates and a vacancy allowance works out at 2.21%.
The five pillars
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
- 35/100
- Yield
- 61/100
- Commute
- 91/100
- Age
- 0/100
- Developer
- 76/100
More trades means more comparables, and harder evidence at the table.
What you keep after management fees, rates and vacancy.
Door-to-door time, weighted across the hubs you selected.
Drives bank valuation, mortgage tenor and maintenance levies.
Management quality explains long-run price gaps within a district.
Where do you actually work?
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: 328–849 ft²
| Layout | Saleable area | Est. price | Est. monthly rent |
|---|---|---|---|
| 1-bed | 328 ft² | HK$2.63M | — |
| 1-bed | 374 ft² | HK$3.00M | — |
| 1-bed | 390 ft² | HK$3.13M | — |
| 3-bed | 526 ft² | HK$4.22M | — |
| 1-bed | 574 ft² | HK$4.61M | — |
| 1-bed | 582 ft² | HK$4.67M | — |
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.
| Reduction | Saved | Net of our fee |
|---|---|---|
| 3% | HK$126,603 | HK$63,301 |
| 5% | HK$211,005 | HK$105,502 |
| 8% | HK$337,608 | HK$168,804 |
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 64 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.
| Source | Saleable psf range | Average psf | Recent deals |
|---|---|---|---|
| 28Hse 千居 | HK$8,537–HK$10,642 | — | 0 |
| 中原地產 Centanet | HK$8,537–HK$10,829 | HK$9,800 | 0 |
| 美聯物業 Midland | HK$8,770–HK$10,802 | — | 0 |
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.
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.
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.
| Date | Unit | Saleable area | Price | Saleable psf |
|---|---|---|---|---|
| 2026-08-24 | 偉安大廈 A座 十二樓 1B號(後座) | — | HK$3.28M | — |
| 2026-08-24 | 偉安大廈 十二樓 1B號(後座) | — | HK$3.28M | — |
| 2026-08-24 | 偉安大廈 十二樓 1B | — | HK$3.28M | — |
| 2026-03-06 | 偉安大廈 A座 六樓 1號(前座) | — | HK$5.06M | — |
| 2026-03-06 | 偉安大廈 六樓 1號(前座) | — | HK$5.06M | — |
| 2026-03-06 | 偉安大廈 六樓 1 | — | HK$5.06M | — |
| 2026-03-05 | 偉安大廈 三樓 1B | 374 ft² | HK$3.28M | HK$8,770 |
| 2026-03-05 | 偉安大廈 三樓 1B號(後座) | 374 ft² | HK$3.28M | HK$8,770 |
| 2026-03-05 | 偉安大廈 A座 三樓 1B號(後座) | 374 ft² | HK$3.28M | HK$8,770 |
| 2025-11-11 | 偉安大廈 十六樓 1B | 374 ft² | HK$2.88M | HK$7,701 |
| 2025-11-11 | 偉安大廈 十六樓 1B號(後座) | 374 ft² | HK$2.88M | HK$7,701 |
| 2025-11-11 | 偉安大廈 A座 十六樓 1B號(後座) | 374 ft² | HK$2.88M | HK$7,701 |
| 2025-11-10 | A座 15樓 1B(RP)室 | 374 ft² | HK$2.88M | HK$7,701 |
| 2025-11-10 | A座 15 1B(RP)室 | 374 ft² | HK$2.88M | HK$7,701 |
| 2025-11-10 | A座 15 1B(RP) | 374 ft² | HK$2.88M | HK$7,701 |
| 2025-05-28 | 偉安大廈 A座 十一樓 1C號 | 574 ft² | HK$4.79M | HK$8,345 |
| 2025-05-28 | 偉安大廈 十一樓 1C | 574 ft² | HK$4.79M | HK$8,345 |
| 2025-05-28 | 偉安大廈 十一樓 1C號 | 574 ft² | HK$4.79M | HK$8,345 |
| 2025-05-27 | A座 10 1C | 574 ft² | HK$4.79M | HK$8,345 |
| 2025-05-27 | A座 10樓 1C室 | 574 ft² | HK$4.79M | HK$8,345 |
| 2025-05-27 | A座 10 1C室 | 574 ft² | HK$4.79M | HK$8,345 |
| 2025-05-14 | 偉安大廈 四樓 3號 | 526 ft² | HK$3.25M | HK$6,179 |
| 2025-05-14 | 偉安大廈 B座 四樓 3號 | 526 ft² | HK$3.25M | HK$6,179 |
| 2025-05-14 | 偉安大廈 四樓 3 | 526 ft² | HK$3.25M | HK$6,179 |
| 2025-03-25 | A座 10 1C | 574 ft² | HK$8.50M | — |
| 2025-03-25 | A座 10樓 1C室 | 574 ft² | HK$8.50M | — |
| 2025-03-25 | A座 10 1C室 | 574 ft² | HK$8.50M | — |
| 2025-02-05 | 偉安大廈 A座 八樓 1B號(後座) | 374 ft² | HK$3.40M | HK$9,091 |
| 2025-02-05 | 偉安大廈 八樓 1B號(後座) | 374 ft² | HK$3.40M | HK$9,091 |
| 2025-02-05 | 偉安大廈 八樓 1B | 374 ft² | HK$3.40M | HK$9,091 |
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 Wai On Building's own stored figures and moves with the daily update.
How much is Wai On Building per square foot?
Saleable prices at Wai On Building currently run HK$8,537–HK$10,829 per sq ft, with a mid-point of HK$9,683. 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 Wai On Building cost in total?
A mid-size flat at Wai On Building works out at roughly HK$4.22M 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 Wai On Building?
The most recent reported deal we hold at Wai On Building is from August 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 Wai On Building?
Gross rental yield is about 2.8%. After the HK$3 per sq ft management fee, rates and normal upkeep, the net yield we calculate is 2.21%.
How much is the management fee at Wai On Building?
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 Wai On Building?
Wai On Building was completed in 1962, making it around 64 years old. Age matters for mortgage terms and for the maintenance levies an older building can charge.
How many units does Wai On Building have?
107 flats. Around 4.7% 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 Wai On Building?
About 14 minutes door-to-door from Tsim Sha Tsui 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 Wai On Building?
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 Wai On Building. 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 Wai On Building?
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
- How to negotiate the price at Wai On Building
- Stamp duty payable when buying at Wai On Building
- Solicitor's fees when buying at Wai On Building
- Wai On Building management fee against the Hong Kong average
- The yearly cost of holding a flat at Wai On Building
- Monthly mortgage payment for Wai On Building
Other estates in Tsim Sha Tsui to compare
Same-district alternatives — compare price per sq ft, size and yield before settling on Wai On Building.
- Wai On Building or The Masterpiece?The Masterpiece · HK$25,490–HK$33,861 · 345
- Wai On Building or Kimberley Road 26?Kimberley Road 26 · HK$16,878–HK$21,987 · 168
- Wai On Building or Prat Mansions?Prat Mansions · HK$12,058–HK$12,469 · 128
- Wai On Building or Windsor Mansion?Windsor Mansion · HK$9,311–HK$10,127 · 120
- Wai On Building or Burlington House?Burlington House · HK$10,253–HK$11,982 · 109
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.