Property News · October 10, 2017

Looking for a flat for under HK$10,000/m on Hong Kong Island or Kowloon? ‘No chance,’ says leading agency


Flats to rent under HK$10,000 (US$1,281) per month have almost vanished from the urban area of Hong Kong – the most expensive housing market in the world, according to latest research by Centaline Property Agency.
Urban areas refer to Hong Kong Island and Kowloon, however subdivided flats are not included.
The supply of small units with monthly rents below HK$15,000, are also quickly disappearing in the two areas, Centaline said.
On Hong Kong Island, there is not a single flat in a large…

Source : South China Morning Post
Read more…Looking for a flat for under HK,000/m on Hong Kong Island or Kowloon? ‘No chance,’ says leading agency