Private home rent rose for two months

Private home rent rose for two months

the average rent for large private residential estates in April was 35.8 yuan, up 0.3% month-on-month, and rose 0.6% for two consecutive months. Huang Liangsheng, senior co-director of the Central China Real Estate Research Department, pointed out that the trend confirmed that the rent adjustment was over and steadily increased.

Rent increase is expected to expand

Huang Liangsheng estimates that as the summer vacation approaches, the rental market will enter the traditional peak season, and the rental increase is expected to expand. The current average rent is 2 yuan or 5% from the historical high of 37.8 yuan last year. It is estimated that the third quarter of this year is expected to return to a high level.

According to the newly-received tenancy agreement of Central Plains Property, the average usable area of ​​107 large private residential estates in Hong Kong was 35.8 yuan in April, up 0.3% month-on-month. The increase was the same as that in March. After the rent hit a record high of 37.8 yuan in August last year, it entered the adjustment stage, and the rent fell for a total of 5.6% for 6 months.

In the case of the 10 major housing estates, the largest monthly increase in the Ap Lei Chau Peninsula, which was up by 4.8% in April, 3.9% in Tin Shui Wai, and 3.3% in Tai Yip Estate, Tai Po, Kowloon. Taikoo City rose 1.9%, Lantian Ligang City rose 1.8%, Lai Chi Kok Mei Fuk Estate rose 0.9%. Hung Hom Whampoa Garden did not rise or fall by month. Lam Tin Sceneway Garden fell 0.9% month-on-month. It fell 3.1%.