When you are looking for leased accommodation in a city like Hong Kong you would be affected by sky high prices. Indeed, leases that have high rates eat into your earnings. As such expenditure does not give you any return except a living of your choice; it increases your cost of living appreciably. Indeed, if you take a look at the different factors that affect the cost of living in world cities, it is the cost of accommodation that takes the bulk amount.
Plan for a home with minimal rent
If you are a working individual whose life is mainly centered on work, why spend thousands on a premier and posh apartment that you would hardly use? Though everyone loves to come back to a luxurious home, unless you can afford the same, it is best not to choose a rental property that forces you to live beyond your means. Make a realistic estimate of the amount you can spend on rent, and stick to the budget. This planning is essential before you approach property agents for a space.
Know what you want
Would you rather stay in a complex with amenities like a children’s playground or would you rather stay in a quiet neighborhood in a standalone home? Your choice will depend on whether you are a single, working individual, a family unit or a single parent. Hence, know what you would prefer and prioritize on and be willing to compromise on other aspects when looking for apartment rentals. That will help you find a place within your budget.
How to negotiate the terms?
While agents will have an initial price for rent, there is no hard and fast rule that you need to sick of that. There is always room for a discount and you can list your property http://www.click-prop.com.hk/contactussell.php to be obtained, even if it is a small amount. However, when you pay rent every month, even a couple of hundred will make a difference. Hence, push for a discount on the rental price as much as possible. It would be advisable to know what the current prices are for the kind of home or apartment, you are looking and what part of a city or area. When you are armed with such information, it becomes easier to bargain with a home owner or agent. Again, you might want to find leases from home owners directly that cuts down on the middleman’s rates. The above points will help you keep the main factors in mind when you are negotiating for a rental agreement. Once you have found the best deal, you can have the satisfaction of having balanced cost and living standards you aim for.