According to data released today (March 27) by the Rating and Valuation Department, the private residential rental index in Hong Kong rose to 193.5 in February, reaching a five-month high, with a monthly increase of over 0.3%, marking three consecutive months of growth.
Last month's rental prices increased by 4.9% year-on-year, with a cumulative rise of approximately 0.6% in the first two months of this year. The rental prices for small to medium-sized units saw a monthly increase of 0.3%, similar to the previous month, while the monthly increase for larger units narrowed to just over 0.1%.
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Tag:·Rating and Valuation Department·private residential rental index·rental price
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