[rtoyen]

In your experience, how negotiable are rents in HK (especially serviced apartments on the island)? Do you have a better chance of getting a break if you involve a property agent? And if so, it is reasonable to talk a 13k flat down to 10K?

Thanks in advance!

[angiebaby80]

rent is negotiable...you wont know if you dont ask..so good luck!

[JimboJet]

Really depends on the demand and supply if u ask me. if some1 else has looked at the same apartment and will pay 13k then u dont stand a chance.

Try for 10k if not maybe ask for other perks...other fees paid or free membership to xx club or whatever.

J

[Mat]

as an example mine was 8.200 and I ended up at 6.800..so yes you can negociate......

[KnowItAll]

Serviced apartments are running full right now.

Best bets are to negotiate down by using the length of the contract. There is usually a discount for 3, 6 and 12 month periods.

[dezined]

Agents and landlords have ridiculously inflated, imaginative views of what they think they'll get for their places, but as soon as you offer lower and start to walk they accept.

I was recently looking for places and regularly had prices reduced from 12-13k to 9 or 10.

After the absolute minimum amount of negotiation (ie a couple of offers...) the apartment I took went from 13k to 9.5

Always offer at least 25% less than the asking price. Landlords don't want their places empty and will jump to get tenants in.

[rtoyen]

Thanks everyone