"Rent Trend Chart" increased by 0.69% month-on-month in May, achieving the largest increase in 21 months.

According to the Wisdom Financial APP, as the peak rental season unfolds, some international students are renting apartments in advance for the new academic year in Hong Kong. Coupled with the double effect of incoming professionals and families continuing to come to Hong Kong, the increase in private residential rents is expanding, reaching a new high. Analyst Chan Chung-hin of Midland Realty pointed out that, according to Midland's "rental trend chart," the average rent per square foot of private residential properties calculated by usable area in May was approximately HK$39.55, an increase of about 0.69% compared to the previous month, and the largest increase in 21 months.