Insights
Tag: renting
Hong Kong home prices rise 8.4% within the first nine months of 2014
8 November 2014 - Data released by the Rating and Valuation Department shows that Hong Kong home prices reached a new high for the sixth consecutive month in September. The monthly price index for private homes climbed to a new record 265.8 during the same month, marking an increase of 1.8% compared with August. In addition, Hong Kong home prices
Home prices and rents continue to soar in July
6 September 2014 - Home prices continue to rise, hitting another record high. The Rating and Valuation Department (RVD) yesterday released its private domestic report for July, showing that the home price index of all classes increased 2.2% month-on-month to 255.6. This constitutes increases across the last four months, with a new high being set f
Expats looking at more affordable luxury homes
4 August 2014 - Foreign corporations have been bringing in fewer expatriate executives to Hong Kong and have reduced housing budgets in recent years. Increasingly conservative budgets at multinational firms, whose employees are the usual drivers of the third-quarter luxury-leasing spike, have also manifested themselves in reduced demand for the ci
The Transport and Housing Bureau worries rent controls might have side effects
7 July 2014 - There have been discussions in recent years that put forward the suggestion for the government to re-introduce rent control measures in order to safeguard tenants’ interests, especially those of grassroots tenants. The Transport and Housing Bureau conducted a survey regarding the impact that might be generated from rent controls. Sur
Guide for Renting an Apartment in Hong Kong
Searching for properties can be challenging in Hong Kong. With a few exceptions, all land in Hong Kong is owned by the government. Given the size of Hong Kong’s 7 million population and limited land allowed for development, property prices are often shocking to newcomers. The average family dwelling is a 400 square-feet small apartment and approx
Hi. I just want to know what options are available to tenants when there's a dispute with the landlord about the return of the deposit at the end of the tenancy? If he wants to keep some of it because of a 'stain' or 'scratch' on the floor. Can this be arbitrated somehow? Thanks!
By: Jody H Lenderman
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