Posted by
uberDuber
13 yrs ago
plus the the bond to get a better deal on the rent as anyone done this or not recondmend doing this .
When negotiating to lease an appartment , have you heard of anyone offering to pay the full term of the lease , all the rent money for one year in one pop to maybe get a better deal on rental price ?
It makes sense if you get a 15% discount. however, if you do this I would recommend everything is done via a solicitor and that you don't pay a deposit.
syax
13 yrs ago
There's food for thought. I would be interested to know if someone has done this. I guess even a 10% off the year would be a good deal for the tenant, any more would probably not worth it for the LL point of view. This kind of deal reminds me of what's typical in other countries like Japan, where they literally take half a years rent before u can even move in. There must be a reason I haven't heard many friends renting like this in HK. There's not much incentive for the LL, unless they think the tenant might not pay later down the road - which, if he had that fear, probably wouldn't rent out in the first place.
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