Can you bargain down on monthly rent?

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  1. #1

    Can you bargain down on monthly rent?

    I heard of a friend who bargained her rent at Centre Stage in Central from $30,000 to $24,000 per month. Is that possible and realistic in the current rental market in Hong Kong?

    Thanks in advance


  2. #2

    Join Date
    Aug 2006
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    7,608

    It's certainly possible to get a 10% reduction - landlords and agents often set the price at a level expecting the final price to be lower. You need to research average prices in the building you are looking at renting in, and also perhaps offer something in return- 6 months prepayment for example.


  3. #3

    Join Date
    Jun 2010
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    Tuen Mun
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    Quote Originally Posted by AussieKB:
    I heard of a friend who bargained her rent at Centre Stage in Central from $30,000 to $24,000 per month. Is that possible and realistic in the current rental market in Hong Kong?

    Thanks in advance
    Yes.....but only if the owner is willing to accept a lower offer..........otherwise no..