Two-bedroom rent in Kingswood Villas is as low as 9,000 yuan, which is only 2.4% lower than similar units.

Real estate market

Written by: Xu Shihao

2019-12-17 20:25

SHKP (0016) 's Tianshuiwei Wetland Park No. 9 Phase 1 residential project "Wetland Seasons Park" is about to go on sale. The supply of the project exceeds 1,000 units. In addition to the economic downturn, many people have a wait-and-see attitude towards the property market, which has also dragged down the rental trend. Among them, the rent of the blue-chip housing estate of Kingswood Villas has lost 10,000 yuan again in three months, and the rent of the two-bedroom house has dropped as low as 9,000 yuan, which is the top ten blue-chip housing estates in Hong Kong, down 25% from the high of about 12,000 yuan.

Huang Zhaowen, senior regional manager of Xiangyi Real Estate, revealed that recently, the lease transaction for a low-floor room in Block F of Phase 3 (Cuihu Residence) of Kingswood Villas in Tianshuiwei has been facilitated. The unit has a practical area of ​​449 feet, two bedrooms and two living rooms. The tenants love the unit with corporate decoration and one-year prepayment of one year's rent. Therefore, the owner is willing to adjust the rent and reduce the rent by 1,000 yuan, which is about 20% lower than similar units.

The above-mentioned tenants felt that the rent was attractive, so they decided to rent at a monthly rent of 9,000 yuan, with an average useful rent of 20 yuan. Huang Zhaowen pointed out that based on the current bank valuation of about 4.48 million in the same type of unit, the unit's rental return was 2.4%.

In the first 11 months, the number of second-hand residential registrations decreased by about 6.6% year-on-year.

District election day photos bought 8 cases in the Central Plains ten houses on the weekend recorded 4 deals, broken eggs in Kingswood Villas

Kingswood Villas recorded about 22 lease transactions this month.

Kingswood Villas