23 August 2014 - A recent property advertisement featured a 1,050 sq. ft. two bedroom apartment at “The Sea Ranch” in Lantau being rented out for free, with monthly rental payments being waived for a year. The remotely located property has been found to be in serious disrepair and the owner is willing to charge the tenant a mere HK$2,750 in monthly management fee and rates to occupy the property as a result.
The owner requires the potential tenant to prepay the full year's management fee and rates of HK$33,000 upon signing.
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