Property News · July 13, 2017

‘Nano flats’ in Tuen Mun to command outsize rental rates, agents say


Tiny flats in one of the city’s newest developments are set to fetch rents well above market rates, raising concerns that low income groups left off the property ladder haven’t really benefited from the trend of building smaller apartments.
Hong Kong smallest flats starting from 128 square feet, otherwise known as “nano flats”, under construction at TPlus in Tuen Mun are set to be leased for HK$4,000 per month, or HK$31 per sq ft.
The rates are about 19 per cent to 29…

Source : South China Morning Post
Read more…‘Nano flats’ in Tuen Mun to command outsize rental rates, agents say

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