{"id":96363,"date":"2018-08-20T19:21:54","date_gmt":"2018-08-20T12:21:54","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/nearly-half-of-hong-kong-flats-rent-for-us2550-a-month-70-per-cent-of-median-household-income\/"},"modified":"2018-08-20T20:03:32","modified_gmt":"2018-08-20T13:03:32","slug":"nearly-half-of-hong-kong-flats-rent-for-us2550-a-month-70-per-cent-of-median-household-income","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/nearly-half-of-hong-kong-flats-rent-for-us2550-a-month-70-per-cent-of-median-household-income\/","title":{"rendered":"Nearly half of Hong Kong flats rent for US$2,550 a month \u2013 70 per cent of median household income"},"content":{"rendered":"


\nCandy Lau knew she would have to pay high rent for her new walk-up studio in Hong Kong. But she was not expecting roommates \u2013 a bunch of cockroaches.
\n\u201cI came to realise that the housing market is expensive and I cannot be that demanding,\u201d said Lau, a 28-year-old account executive. \u201cI had to be flexible with my criteria and budget.\u201d
\nLau felt she needed to lower her expectations after a two-month flat hunt in Hong Kong, where nearly 44 per cent of rentals now cost…
\n
\nSource : South China Morning Post
\nRead more…Nearly half of Hong Kong flats rent for US,550 a month \u2013 70 per cent of median household income<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Candy Lau knew she would have to pay high rent for her new walk-up studio...<\/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-96363","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-p4f","jetpack-related-posts":[{"id":172378,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/buy-or-rent-hong-kong-homebuyers-face-an-age-old-housing-dilemma\/","url_meta":{"origin":96363,"position":0},"title":"Buy or rent? Hong Kong homebuyers face an age-old housing dilemma","date":"August 16, 2026","format":false,"excerpt":"\r Trapped between rising residential rents and the looming shadow of interest rate increases, Hong Kong homebuyers are revisiting that age-old dilemma when making decisions about housing: buy or rent? The Centa-City Rental Index (CRI), which reflects the rent of second-hand private residential properties in Hong Kong, has been rising\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":89039,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developers-raise-prices-of-flats-by-up-to-70-per-cent-as-record-kai-tak-land-sale-boosts-confidence\/","url_meta":{"origin":96363,"position":1},"title":"Hong Kong developers raise prices of flats by up to 70 per cent as record Kai Tak land sale boosts confidence","date":"May 22, 2018","format":false,"excerpt":"\r Hong Kong developers are raising the prices of their unsold units by as much as 70 per cent in a sign that the world\u2019s hottest property market is a long way from running out of steam. Kerry Properties has priced a flat at The Bloomsway in Tuen Mun at\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":396,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-luxury-flat-sells-for-record-hk594-7-million\/","url_meta":{"origin":96363,"position":2},"title":"Hong Kong luxury flat sells for record HK$594.7 million","date":"December 31, 2015","format":false,"excerpt":"\r \r A luxury apartment in Hong Kong that sold for a record HK$594.7 million (Dh281.8m) days before Christmas, has become the most expensive flat in the city and possibly in Asia.An unidentified buyer paid more than HK$103,700 per-square foot for the 5,732 square-foot unit at the luxury 39 Conduit\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":61026,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-records-highest-rent-ever-in-the-second-quarter\/","url_meta":{"origin":96363,"position":3},"title":"Hong Kong records highest rent ever in the second quarter","date":"July 18, 2017","format":false,"excerpt":"\r Hong Kong\u2019s residential market continues to be red hot as rents for private flats hit another new high in the second quarter this year. Average cost for renting a second-hand flat rose as much as 2.9 per cent on quarter to HK$35.10 per square foot during the April to\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":91368,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hongkongers-will-feel-the-squeeze-as-mortgage-rates-gain-momentum\/","url_meta":{"origin":96363,"position":4},"title":"Hongkongers will feel the squeeze as mortgage rates gain momentum","date":"June 14, 2018","format":false,"excerpt":"\r The monthly mortgage repayment of homeowners in Hong Kong is expected to rise to 70 per cent of their monthly income by the end of this year \u2013 the highest level in nearly two decades \u2013 as mortgage rates kick upwards and home prices show no signs of abating,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":63438,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-estates-issues-first-half-profit-warning-as-rental-income-falls\/","url_meta":{"origin":96363,"position":5},"title":"Chinese Estates issues first-half profit warning, as rental income falls","date":"August 11, 2017","format":false,"excerpt":"\r Shares in Chinese Estates Holdings, controlled by Hong Kong property tycoon Joseph Lau Luen-hung\u2019s wife Chan Hoi-wan, dropped 3 per cent on Friday after it posted a profit-warning for the half-year, due to reduced rental income and residential sales. The Hong Kong landlord expects net profit to drop between\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\/96363"}],"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=96363"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/96363\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=96363"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=96363"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=96363"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}