Landlord wants to sell BIG increase`

My landlord has been threatening to sell my flat since February. In Feb, he upped my rent to $11.5K. Now, he is saying that if I agree to $13K a month (in Shatin), he'll guarantee me that I can stay here til I leave HK in July 2009.


In 5 years, my rent has done from $8500 to $13K, which had it been done gradually, might not have seemed so bad, but this bulk of the increase has been in the last 2 months.


When I agreed to pay $11.5k in Feb, we did not sign a contract. He is ALWAYS working in China and never around to talk to.


Also, because my deposit is meant to be 2 months, he wants me to make up the deposit to $26K. Is that normal? The deal is that when I leave, I will not pay him the last 2 months rent before I leave HK.


Thanks in advance.

I'd tell him to stick it and find something else, i would also revert back to the rent you where paying before the rent increase as you have no signed contract and he has broken you deal in asking for more already. When is your current contract up?

Yes, start looking!