Tag: rents falling but still very expensive
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Rents are falling a lot in Hong Kong. Now just RM17.80 per sq ft as at Q1 2021.
Rents are falling a lot in Hong Kong it seems. Now it’s just HK$33.60 (RM17.80) per sq ft. As per this article in bloomberg.com Putting this into perspective, a 1,000 sq ft condo will be RM17.80 x 1000 = RM17,800 rental per month. I know, everyone wants to tell me that Hong Kong working people…