Real estate market
Written by: Xu Shihao
2020-04-25 09:30
Last update date: 2020-04-25 09:30Under the epidemic, residential rents continued to fall, and some monthly rents fell to categories of $ 15,000 or below, driving up the rate of related rental cases. According to the calculation of residential leasing cases facilitated by Midland Real Estate, the transaction rate of monthly rents of 15,000 yuan or less in the first four months of this year (as of April 22) recorded about 42.1%, which was 7.6 percentage points higher than 34.5% in the same period last year Regaining 40% of the level, and hit a new high of 4 years.
In terms of divisions, the New Territories accounted for about 78.3%, while the Kowloon area (including Tseung Kwan O and Sai Kung) recorded about 17.3%: Hong Kong Island only accounted for about 4.4%.
In 98% of lease cases in Jiahu Villa, the transaction rent is only RMB 15,000 or less. (Data clip)
In terms of housing estates, 98% of the lease cases at Jiahu Villas cost RMB 15,000 or less; Fanling Huadu Plaza accounts for about 97%; and Shatin City One also records about 64%. It is worth noting that some of the traditional housing estates have so far paid RMB 15,000 or less per month so far this year, such as Lanqing Room and Sha Tin Centre. The Amoy Gardens in the urban area also have all the monthly rent cases of this type of silver code.
Liu Jiahui, chief analyst of Midland Real Estate, said that in addition to traditional housing estates, new housing estates newly completed in recent years have also had many cases with monthly rents of $ 15,000 or less this year, such as Leofang, Kai'an, Tuen Mun City ‧ Point, No. 8, Long Ping, Yuen Long, Tseung Kwan O Jinhai, etc.
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