Condo Rental Market Shows Stability in 2024 as Demand Improves Steadily
Condo Rental Market Shows Stability in 2024 as Demand Improves Steadily
"Nevertheless leasing demand in Oct 2024 was higher than a year ago, indicating resilience in the rental market. While there was more completions of condo in the past two months, easing interest rates took some pressure off landlords and they are holding firm to their asking rents," Huttons said.Despite condo rental transactions dropping by 7.5% in October
儘管地產租賃交易在十月下降了7.5%
The condo rental market is expected to remain stable through 2024, with a potential flat growth trajectory as demand gradually improves amidst an economic recovery, Huttons said.
據瑞凱表示，預計地產租賃市場將在2024年保持穩定，隨着需求逐漸改善，有潛在的平穩增長軌跡，受經濟復甦提振。
Despite condo rental transactions dropping by 7.5% in October, rents remained firm which reflected resilience in the market.
儘管地產租賃交易在十月下降了7.5%，但租金仍然堅挺，反映了市場的韌性。
"Nevertheless leasing demand in Oct 2024 was higher than a year ago, indicating resilience in the rental market. While there was more completions of condo in the past two months, easing interest rates took some pressure off landlords and they are holding firm to their asking rents," Huttons said.
然而，2024年10月的租賃需求高於一年前，表明租賃市場的韌性。儘管過去兩個月的公寓竣工增加，降低的利率期貨減輕了房東的壓力，他們依然堅守標價。
For OrangeTee, this growth is due to rising interest in luxury and premium housing, particularly in the Core Central Region (CCR), driven by tenants seeking amenities, prime locations, and narrowing cost differences with other segments.
對於橙郡地產來說，這種增長歸因於對豪華和高檔住房日益增長的興趣，特別在覈心中央地區（CCR），租戶尋求便利設施、主要地段和與其他部分越來越小的成本差異驅動。
"For instance, CCR formed a slightly higher proportion of the market share at 32.2 per cent in October 2024, up from 30.9 per cent in May 2024. This shift suggests a gradual increase in demand for premium housing as rent gaps continue to close within market segments," the expert noted.
例如，CCR在2024年10月市場份額略高，達到32.2%，較2024年5月的30.9%有所增加。這一轉變表明隨着租金差距在市場各部分逐漸縮小，對高檔住房的需求逐漸增加。
