: rental price declining, rental yield of the top ten estates in Hong Kong have all increased over the past year.

date
17/04/2025
avatar
GMT Eight
The trend of "rent increase and price decrease" in the Hong Kong property market has led to an increase in rental yield. The latest "Rental Trend Chart" from Midland Realty showed a year-on-year increase of approximately 5.69% in March this year; in contrast, the "Midland Property Index" for March saw a year-on-year decrease of about 5.78%. Under the trend of "rent increase and price decrease", the rental yield of the top ten estates has increased across the board over the past year. Chief Analyst of Midland Property, Liu Jiahui, pointed out that among the top ten estates in Hong Kong, the rental yield in March ranged from approximately 3.6% to about 4.4%, with three estates having a rental yield of over 4%, including City One Shatin and Mei Foo Sun Chuen both recording around 4.4%; followed by Whampoa Garden with a yield of approximately 4.1%. In addition, Regalia Bay, Lek Yuen Estate, and Bel-Air Residence all recorded around 3.8%. In terms of the increase in yield over the past year, Cityplaza, Whampoa Garden, and Regalia Bay saw the largest growth, all increasing by 0.6 percentage points; Lek Yuen Estate and South Horizons also increased by around 0.5 percentage points; even City One Shatin, which had the smallest year-on-year growth, saw an increase of 0.2 percentage points in rental yield over the past year.

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