Rental of ten large estates increased slightly to 363 last month

The index of private property prices rose for another 18 months, driving the rent forward. The rent of the top ten blue-chip housing estates continued to hover and the prices of fine-priced housing estates increased significantly.

Centaline Property Statistics show that the top 10 blue chip units recorded a total of 363 rental transactions last month, up slightly by 1% from 359 in September. Among them, Tai Koo Shing, Quarry Bay and Kingswood Villas in Tin Shui Wai performed more actively, recording 53 and 56 rental transactions have been made.

High rent hovering Jiahu up 4.4%

As for rents, the rents of blue chip houses remained at high level. Rents for Kingswood Villas in Tin Shui Wai and First Carparks in Shatin were all significantly higher, up 4.4% MoM and 3% MoM respectively. Front-line agents pointed out that due to the continued upswing in the construction of fine units in the two major housing estates, the getting on the bus became more and more difficult and inflows into the rental market and the rental level of expensive units.

Take the case of City One in Sha Tin as an example. In October, the monthly rent of two-bedroom units was rebuilt to $ 13,000 per month. Of them, 45 high-rise apartments with a salable area of ​​284 square feet were rented for just $ 14,000 at $ 49.3 per sq ft Summer peak season is similar. Owners borrowed 4.38 million yuan in 2015 with a rental return of about 3.8%.

In addition, the rents of urban estates also rose sharply. According to market sources, occupancy of 207 sq ft of low-rise living room in Wuhu, Hung Hom is an open plan design. As a result, about 600 sq ft of leased space was rented to about RMB 16,900. Fees up to 82 yuan per square foot, Kowloon Station Station rental levels.

In addition, a high-rise building B in Sai Ying Pun, 1 Castle Peak, with a salable area of ​​559 square feet, is a 2-room Lien multi-room design with a rent of just $ 44,000.