Private property rent last month 37.5 history third highest

Second-hand private residential property prices have rebounded and rents have also risen. According to Huang Liangsheng, senior co-director of the Central Plains Real Estate Research Department, according to the new leases of the bank, the average rent of 107 large private residential estates in Hong Kong last month was 37.5 yuan, which is the third in history. High, due to the expected rental growth continued, it is expected that the average rent of private housing in July will rise above the historical high of 37.8 yuan in August last year. In the first half of this year, the average rent of the top ten housing estates in Tin Shui Wai Kingswood Villas rose by 6.1%.

The momentum will continue to break in July

Huang Liangsheng said that the rental market entered the summer season, and the average rent for private housing in June rose by 2.2% from the 36.7 yuan in May, and rose by 5.3% for four months. The average rent for private homes in June was only 0.8% lower than the historical high of $37.8, so I believe that the average rent of private homes this month will be overshadowed. In the second quarter from April to June alone, the average rent of private homes rose by 5% quarter-to-quarter, the highest in the third quarter of 2014, after rising 6.3% in the third quarter of 2014.

As for the average rent of private housing in the first half of this year, it rose by 4.2%, and the increase was 5.4% in the first half of 2017, nearly four semi-annual highs.

For the top ten blue-chip housing estates, the rent increase of the Kingswood Villas in Tin Shui Wai was the strongest in the first half of this year. It rose by 6.1% in the first half of the year. The average rent was as high as 24.3 yuan, followed by the 4.6% increase in the first city of Sha Tin and the rent was 43.2 yuan. In the first half of this year, the rents of the top ten housing estates fell the most in Xinghua Village, Chai Wan, with a 7.1% drop in half a year and an average rent of 38 yuan.