My rental contract is up for renewal in early December. This existing contract was for two years, with a 6 month break clause. My landlord is now saying that he wants to renew the contract for another two years, locked in for the first 12 months. Is this normal? It seems counter intuitive to be going from the current position where both parties can leave the contract with two months notice to a situation where I am locked in again for 12 months.
I love the flat and the area I live and the landlord's proposed rent increase is also reasonable. However, there is a small but realistic possibility that I may need to change jobs in the next 6 months, which could potentially make my commute untenable and mean I'd need to move neighborhood. In other countries whenever I've renewed a lease it has been on a rolling basis (ie, new two year contract with new rent, but either party can give two months notice to exit the agreement). Am I being unreasonable to propose this to my landlord?? He is pushing hard to have a one year fixed period so I'm interested to hear if this is normal in Hong Kong.