---
title: "According to \"Hong Kong Property,\" the rental yield in Central Plains City fell to 3.46% in November last year, marking a three-month decline"
type: "News"
locale: "zh-CN"
url: "https://longbridge.com/zh-CN/news/272944568.md"
description: "The research department of Centaline Property pointed out that the rental yield in Hong Kong fell to 3.46% in November 2025, marking a decline for three consecutive months. Despite active trading in the property market, the rental decline due to the seasonal downturn in leasing during the fourth quarter has caused the yield to drop below 3.5%. It is expected that the yield will stabilize at 3.4% by the end of the year. The yield has decreased across all districts, with Hong Kong Island and Kowloon recording yields of 3.62% and 3.51%, respectively. Among the 143 component housing estates, 104 estates have rental yields higher than the H interest rate"
datetime: "2026-01-19T08:03:23.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/272944568.md)
  - [en](https://longbridge.com/en/news/272944568.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/272944568.md)
---

> 支持的语言: [English](https://longbridge.com/en/news/272944568.md) | [繁體中文](https://longbridge.com/zh-HK/news/272944568.md)


# According to "Hong Kong Property," the rental yield in Central Plains City fell to 3.46% in November last year, marking a three-month decline

Yang Mingyi, Senior Co-Director of the Research Department at Centaline Property, pointed out that the latest CRI return rate for November 2025 is reported at 3.46%, a monthly decrease of 0.07 percentage points. At the end of October, local banks further reduced interest rates, leading to active trading in the property market. However, in the fourth quarter's rental off-season, rents fell back after reaching a peak in November, causing the CRI return rate to drop below 3.5%. Property prices have risen for three consecutive months, surpassing rents, resulting in a cumulative decline of 0.14 percentage points in the return rate during the same period. It is expected that the CRI return rate will stabilize at around 3.4% by the end of 2025.

In November 2025, the H mortgage interest rate was adjusted down to 3.25%, with the rental return rate exceeding the H mortgage interest rate by 0.21 percentage points, maintaining a supply-demand balance for rental properties for seven consecutive months. At the end of October, Hong Kong banks slightly widened the gap between the November return rate and the H mortgage interest rate following the U.S. interest rate cuts. However, there is no significant room for a short-term reduction in the H mortgage interest rate, and with property prices steadily rising, the gap between the two will narrow again. It is expected that the short-term CRI return rate will still be higher than the H mortgage interest rate.

In November 2025, the CRI\_Mass return rate was reported at 3.59%, a monthly decrease of 0.08 percentage points. The CRI (small and medium-sized units) return rate was reported at 3.56%, also a monthly decrease of 0.08 percentage points. Both the CRI\_Mass return rate and the CRI (small and medium-sized units) have declined for four consecutive months, with cumulative declines of 0.16 and 0.15 percentage points, respectively. The CRI (large units) return rate was reported at 2.92%, a monthly decrease of 0.03 percentage points, marking a total decline of 0.11 percentage points over two months, the fifth highest in nearly 15 years since January 2011.

In the four districts, the CRI\_Mass return rate for Hong Kong Island was reported at 3.62%, a monthly decrease of 0.02 percentage points, with a total decline of 0.07 percentage points over two months, the seventh highest in nearly 15 years since December 2010. The CRI\_Mass return rate for East New Territories was reported at 3.67%, a monthly decrease of 0.03 percentage points, the fourth highest in over 13 years since October 2012. The CRI\_Mass return rate for West New Territories was reported at 3.63%, a monthly decrease of 0.08 percentage points. The CRI\_Mass return rate for Kowloon was reported at 3.51%, a monthly decrease of 0.15 percentage points, with a total decline of 0.27 percentage points over three months.

Among the 143 constituent housing estates, 104 had rental return rates higher than the H mortgage interest rate (3.25%) in November, accounting for nearly 73% of the estates maintaining a supply-demand balance. Among these, 26 estates had rental returns of 4 percentage points or more, a decrease of 7 from October. The top ten estates with the highest return rates are: Tsuen Wai Garden 4.94%, Mei Jing Garden 4.87%, Hua Jing Shan Zhuang 4.81%, He Pan Garden 4.6%, Nan Fung New Village 4.53%, Tak Po Garden 4.53%, Zhi Fu Garden 4.43%, Cui Yi Garden 4.42%, Huang Pu New Village 4.4%, and Qing Yi Garden 4.38% In terms of major estate returns, Heng Fa Chuen 3.82%, Hong Kong Garden 3.71%, Taikoo Shing 3.53%, Ocean Park 3.51%, Mei Foo Sun Chuen 4.02%, The New Territories 3.81%, Whampoa Garden 3.7%, Laguna City 3.65%, City One Shatin 4.16%, Taihu Garden 3.78%, Ying Hai 3.56%, Ming City 3.08%, Ying Wan Garden 3.58%, Jiahu Mountain Villa 3.54%, Shangyue 3.58%, YOHO TOWN 2.98%

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