The Chinese University of Hong Kong in Sha Tin. Rents in some areas close to universities have dropped by about a third year on year. Photo: David Wong
The Chinese University of Hong Kong in Sha Tin. Rents in some areas close to universities have dropped by about a third year on year. Photo: David Wong

Hong Kong home rents drop near universities, as mainland Chinese students stay at home for online classes

  • Rents in some areas close to universities have dropped by about a third, by 3.4 per cent since January overall
  • Landlords are offering generous concessions as they shift focus to local tenants

The Chinese University of Hong Kong in Sha Tin. Rents in some areas close to universities have dropped by about a third year on year. Photo: David Wong
The Chinese University of Hong Kong in Sha Tin. Rents in some areas close to universities have dropped by about a third year on year. Photo: David Wong
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