50 large estates rent 35 historical highs

Into the off-season rental off-season, 50 big estates in November rent was reported at 35.23 yuan, still a record high, and recorded a slight increase month by month.

The property market is in a good mood. Chenhai Chao, head of Real Estate Research at Ricacorp, said that in the off-season, the number of leasing transactions recorded 748 in November, a decrease of 24% on a monthly basis. However, the market conditions are good for supporting 50 index housing estates in November. The actual salable rent is 35.23 yuan, up 0.03% from 35.22 yuan in October. In Hong Kong Island, the best-performing rental was HK $ 41.89 per sq ft, up 1.5% MoM. Taikoo Shing Estates was reportedly rented at HK $ 42.7 per sq ft in February, up 2.2% MoM.

In addition, the two bedrooms in Tseung Kwan O CAPRI rent steady at 20,000 yuan. Liu Haoqin, a director of the Hong Kong home improvement sub-division, pointed out that there are 9 high-rise housing blocks in the estate with a usable area of 538 square feet and a flat fee of $ 20,000. Owners purchased units in 2015 for 77.29 million yuan and the current rental return was 3.1%.