Property News · February 14, 2019

Hong Kong rents could be about to march higher after five months of deflation, analysts say


Hong Kong renters hoping for a prolonged bout of deflation could be in for disappointment in the next few months as data shows rental prices may be about to round the bottom, bringing an end to a soft patch that started in August.
On average, residential rents dropped 0.3 per cent to HK$35.8 per square foot (US$4.56) in January from December, the smallest contraction in the past five months, according to data released by Centaline Property Agency on Wednesday.
“It is a sign showing the…

Source : South China Morning Post
Read more…Hong Kong rents could be about to march higher after five months of deflation, analysts say

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