{"id":109288,"date":"2019-07-24T07:00:07","date_gmt":"2019-07-24T00:00:07","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/micro-apartments-are-still-popular-because-their-rental-yields-top-the-average-in-hong-kongs-notoriously-costly-housing-market\/"},"modified":"2019-07-24T08:06:25","modified_gmt":"2019-07-24T01:06:25","slug":"micro-apartments-are-still-popular-because-their-rental-yields-top-the-average-in-hong-kongs-notoriously-costly-housing-market","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/micro-apartments-are-still-popular-because-their-rental-yields-top-the-average-in-hong-kongs-notoriously-costly-housing-market\/","title":{"rendered":"Micro apartments are still popular because their rental yields top the average in Hong Kong\u2019s notoriously costly housing market"},"content":{"rendered":"


\nA flat at The Garrison in Hong Kong\u2019s Tai Wai that sold in July 2018 for HK$4.4 million (US$563,000) has been put on the market for rent at HK$13,500 per month, even before its owner took possession of the 201 square-foot (18.7 square metres) micro apartment.The yield, at 3.7 per cent, tops returns on rental properties across the city, partly explaining why demand persists for abodes comparable in size to a standard Hong Kong car parking space (12.5 square metres, or 134 sq ft), even if they\u2026
\n
\nSource : South China Morning Post
\nRead more…Micro apartments are still popular because their rental yields top the average in Hong Kong\u2019s notoriously costly housing market<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

A flat at The Garrison in Hong Kong\u2019s Tai Wai that sold in July 2018...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-109288","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-sqI","jetpack-related-posts":[{"id":112488,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-higher-mortgage-cap-deters-at-least-one-developer-from-building-micro-flats-as-buyers-can-now-afford-larger-homes\/","url_meta":{"origin":109288,"position":0},"title":"Hong Kong\u2019s higher mortgage cap deters at least one developer from building micro-flats as buyers can now afford larger homes","date":"November 20, 2019","format":false,"excerpt":"\r The boom in Hong Kong\u2019s micro-apartments appears to be over, as the first easing in mortgage entitlements in a decade has helped buyers to afford larger homes, causing at least one developer of shoebox-sized property to quit the market.Micro-apartments, defined as those smaller than 200 square feet (18.6 square\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":122656,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-property-mania-inflates-prices-of-even-the-tiniest-flats-putting-affordability-beyond-reach-for-most-first-time-buyers\/","url_meta":{"origin":109288,"position":1},"title":"Hong Kong\u2019s property mania inflates prices of even the tiniest flats, putting affordability beyond reach for most first-time buyers","date":"October 19, 2021","format":false,"excerpt":"\r A real estate bull market in Hong Kong, the world\u2019s most expensive major city for 10 consecutive years until 2019, has trickled over to inflate the prices of even the smallest habitable homes.The average cost of new micro-apartments, or flats smaller than 200 square feet (18.6 square metres), rose\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":110655,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/rental-charges-at-hong-kongs-ultra-luxury-abodes-fall-by-30-per-cent-as-expatriates-and-mainland-chinese-renters-stay-away\/","url_meta":{"origin":109288,"position":2},"title":"Rental charges at Hong Kong\u2019s ultra-luxury abodes fall by 30 per cent as expatriates and mainland Chinese renters stay away","date":"September 11, 2019","format":false,"excerpt":"\r Hong Kong\u2019s monthly leases for ultra luxury residences have fallen by almost a third, as three successive months of street protests and the ongoing drought of high-paying financial jobs have deterred expatriate and mainland Chinese renters.Three-storey town houses of around 3,000 square feet (279 square metres) at the South\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":102484,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-infatuation-with-multimillion-dollar-shoebox-homes-is-over-as-quickly-as-it-began\/","url_meta":{"origin":109288,"position":3},"title":"Hong Kong\u2019s infatuation with multimillion-dollar shoebox homes is over as quickly as it began","date":"December 22, 2018","format":false,"excerpt":"\r Hong Kong\u2019s infatuation with micro-apartments, some of which hold the world record as the smallest living space constructed for humans, has ended almost as quickly as it began. Known variously as nano flats, micro-apartments and shoebox homes, these abodes are specifically designed to be small, typically less than 200\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":92074,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/forget-hong-kongs-micro-flats-itsy-bitsy-72-sq-ft-beijing-space-sells-for-a-whopping-us384500\/","url_meta":{"origin":109288,"position":4},"title":"Forget Hong Kong\u2019s micro flats, itsy-bitsy 72 sq ft Beijing space sells for a whopping US$384,500","date":"June 22, 2018","format":false,"excerpt":"\r If the eye-watering prices of Hong Kong\u2019s micro apartments make heads spin, how about a dilapidated stand-alone house in a narrow alley squished on both sides and no bigger than an oversized wardrobe in Beijing. Warning: the house does not have a toilet. A 10-minute walk from Tiananmen Square\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":123957,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/2022-property-outlook-super-size-mansions-nano-flats-and-home-offices-round-out-the-most-important-trends-in-hong-kongs-housing-market\/","url_meta":{"origin":109288,"position":5},"title":"2022 property outlook: Super-size mansions, nano flats, and home offices round out the most important trends in Hong Kong\u2019s housing market","date":"December 24, 2021","format":false,"excerpt":"\r Hong Kong\u2019s transactions of new residential property may rise 15 per cent next year as buyers continue their demand in every segment of the market from 138-square foot micro-apartments to 4,500-sq ft mansions on The Peak, according to one of the city\u2019s largest real estate agencies.Up to HK$280 billion\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/109288"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=109288"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/109288\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=109288"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=109288"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=109288"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}