The Link Car Park has increased the rent by an average of 2 to 4% since the last half of April. Provide coupons to renewed car owners

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Written by: Liang Delun

2021-02-24 15:00

Last update date: 2021-02-24 15:00

The epidemic has continued for more than a year and Hong Kong’s economy has not seen any improvement. It is understood that Link has decided to increase the rent of its 54 car parks from April, accounting for about 45% of its 121 car parks. The remaining 67 car parks will continue to freeze leases, that is, two consecutive times. Frozen annual rent.

Leading Exhibition offers a halved monthly rent for renewed car owners in March. The new monthly fee will be increased by an average of 2% to 4% on April 1st, with a maximum of 95 yuan per month.

Link's reply to inquiries stated that the renewal car owners will be provided with 8 transferable 1-hour hourly rental parking coupons, gasoline, auto beauty service and auto insurance coupons, etc., to the renewal car owner. The total discount is about 1,900 yuan.

The spokesman also pointed out that the "New Monthly Fee Plan" aims to maintain the overall and long-term stable operation of its parking lots.

Nearly half of Link's parking lot will increase rent from April 1.

(Data Picture/Photo by Luo Junhao)

Involving 54 parking lots plus up to 54 yuan per month

The epidemic has impacted all industries in Hong Kong. Last year, Link decided to freeze the lease of its 121 parking lots and provide a one-year "half-rent" discount to the most severely affected "food trucks" such as nanny cars and coaches.

However, it is understood that Link has decided to increase the rent of some parking lots in the new year.

Link selected 54 parking lots to increase their rents from April 1, with an average rent increase of 2 to 4%. Some parking spaces can be increased by up to RMB 95 per month.

Nearly half of Link's parking lot will increase rent from April 1st (Photo by Luo Junhao)

For private car and van parking spaces

It is reported that some of the parking lots that need to be rented include Fudong Village, Butterfly Village, Tianjing Village, Dayuan Village, and Fortune Plaza.

As the car owner who renews the lease, Leading Show offers a half-rental discount for March. If you rent a parking space of 3,000 yuan a month, you can save 1,500 yuan; if the rent increases by up to 4% from April 1st, the average rent will be If you pay an extra RMB 120 per month, a total of RMB 1,440 will be added for the year. After deducting the “half rent” discount in March, the car owner can still “earn back” RMB 60.

We understand that the rent increase this time only applies to private cars and vans. As for school buses, large trucks, coaches and nanny cars, the freeze can continue.

In the past, Link's parking lots have been criticized for increasing rents year after year.

(Profile picture)

Link: Increase fees to maintain "overall and long-term stable operation"

In response to enquiries, Link stated that after considering the usage of individual parking lots and the market environment, it decided to freeze the monthly rental charges of 67 parking lots in the next year, and the remaining 54 parking lots will launch a "new monthly fee plan."

As for the monthly fees for baby car/school bus, truck and motorcycle parking spaces in all its parking lots, the fees remain unchanged.

The 40% discount on parking for the disabled will also remain unchanged.

The spokesperson also pointed out that all users who renew the parking lot in April will be presented with coupons, including 8 transferable 1-hour hourly rental parking coupons, gasoline, auto beauty service and auto insurance coupons, etc., for each month rent Users can get a total discount of about 1,900 yuan.

Link pointed out that the new monthly fee plan aims to maintain the "overall and long-term stable operation" of its car parks.

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