A fairly mixed picture of rental movement has emerged in the third quarter. On Hong Kong island, Pokfulam rents held up reasonably well, most probably because the area represents good value for money compared with either Mid-levels or Southside. The refurbishment of Victoria Gardens has also pushed former residents into surrounding blocks supporting lower vacancy rates. Later in the year, the redevelopment of University of Hong Kong owned High West may have a similar impact, although many tenants will be rehoused in other university accommodation nearby.   Article Source

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