The average rent for units smaller than 40 square metres fell by 13.5 per cent in February from a peak in August last year. Photo: SCMP
The average rent for units smaller than 40 square metres fell by 13.5 per cent in February from a peak in August last year. Photo: SCMP

Prices and rents of Hong Kong’s tiny flats to fall this year as coronavirus-driven uncertainty hits demand amid oversupply

  • Rental yield for flats measuring less than 215 sq ft could fall below 1 per cent
  • Rents are likely to fall because of rising unemployment, despite low interest rates and increased money supply, JLL says

The average rent for units smaller than 40 square metres fell by 13.5 per cent in February from a peak in August last year. Photo: SCMP
The average rent for units smaller than 40 square metres fell by 13.5 per cent in February from a peak in August last year. Photo: SCMP
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