Nation

Keung To Defies Market Trends with a Whopping 13% Surge in Rental Income!

2025-04-13

Author: Jia

In an impressive twist for the property game, singer Keung To is raking in the cash as his Hong Kong apartment's rental income skyrockets by 13%! This rising star now nets a staggering HK$406,800 (US$52,438) annually, inching up from last year’s HK$360,000. This year's rental figures show a remarkable 17.5% leap compared to the 2023/24 benchmark of HK$346,200.

What makes this news even more shocking is the backdrop of a declining property market in Hong Kong, where many high-profile celebrities struggle to keep their properties afloat. According to the South China Morning Post, industry heavyweights are slashing their prices just to catch a break. For instance, actor Nicholas Tse slashed the rental on his retail space by a staggering 40%! Meanwhile, businessman Julian Hui, better known as the husband of Miss Hong Kong 1998, Michelle Reis, has resorted to listing his penthouse for HK$22.07 million less than what he originally paid.

At just 26, Keung To shines not only as a member of the sensational boy band Mirror, formed through ViuTV's talent show "Good Night Show - King Maker" in 2018, but also as a solo artist making waves since his debut single "No. 1 Seed" in June 2019. Keung's upward trajectory is not just limited to his music career; his savvy property investment is painting a rosy future amidst stormy market conditions.

With his star on the rise both in the entertainment world and in real estate, Keung To proves that talent and timing can lead to success, even when the odds seem stacked against him!