For the fifth consecutive year, Central has become the most expensive city for rent in the world
In the first quarter of this year, the average rent in the district was about 221 yuan. Bao Yali, head of the commercial department of Hong Kong Jones Lang LaSalle, said that rents in Central have always been the focus of the market
In fact, the past six In the month, the rentals in the district were quiet. The high rents were due to the extremely low vacancy rate
The owners did not have to reduce their rents to rent out vacant floors. At present, most of the leases are concentrated in neighbouring areas such as Quarry Bay. As the market becomes more unstable, it is expected that the enterprises will move out of the core area to the emerging business districts due to the control of rental costs, especially by the bank’s frontline departments, financial and professional service organizations.
New York every 138 yuan
Yan Weicheng, senior director of the Hong Kong Department of Commerce of Jones Lang LaSalle, said that Hong Kong is one of the most attractive financial centers in the world, but it should not be overlooked that the rent gap between the core cities of the Mainland and Hong Kong has been narrowing.
In addition, the rent of high-end office buildings in the core area of Singapore also rose by 7.4% over the same period, and the rent gap was closer to Hong Kong.