Discover the Best Rental Platforms in Hong Kong for 2024

Are you a landlord struggling to find the most cost-effective way to list your property during the bustling rental season? With a plethora of online platforms available, it's crucial to choose the right one to ensure your property gets the visibility it deserves without breaking the bank.

Dive into our comprehensive guide as we explore the top 5 rental platforms in Hong Kong, helping you navigate through their fee structures and find the perfect fit for your needs. Stick around till the end for our top recommendation on platforms that offer free rental listings!

591 Platform Listing Fees

• Single Listing
  • Regular Listing: HK$300 per listing, valid for 30 days.
  • VIP Listing: HK$500 per listing, always prioritized over regular listings, 7x exposure, valid for 30 days.
• Premium Packages
  • Advanced Package: HK$1000 for 6 listings (HK$167 each), valid for 12 months.
  • Supreme Package: HK$1796 for 12 listings (HK$142 each), valid for 12 months.
  • Deluxe Package: HK$3592 for 25 listings (HK$120 each), valid for 12 months.
• Bulk Value Discount
  • HK$4500: HK$120 per rental listing, HK$41 per sale listing.
  • HK$8500: HK$106 per rental listing, HK$38 per sale listing.
  • HK$16000: HK$93 per rental listing, HK$32 per sale listing.
• Unlimited free updates of images or information within the validity period.

Should You Choose 591 Platform?

591 platform offers transparent pricing and various packages to cater to different user needs:

• Individual Landlords: Suitable for those who need to post a single rental listing. Options include regular or VIP listings, which are moderately priced with a 30-day validity, ideal for quickly renting out a property.
• Professional Real Estate Agents: The advanced, supreme, and deluxe packages are tailored for real estate agents and brokers, offering more listings and longer validity periods, ideal for professionals who frequently post multiple properties.
• Large Landlords or Developers: The bulk value discount plans cater to landlords or developers with a large number of properties, providing lower per-listing costs, suitable for long-term bulk posting needs.

However, some services, like VIP listings, might be costly for budget-conscious users. Additionally, the complex pricing structure might not be user-friendly for first-time landlords, and regular listings might have low visibility due to the prioritization of VIP listings.

28Hse Listing Fees

• Parking Space: HK$50, valid for 30 days.
• Regular Listing: HK$500, valid for 30 days.
• Top Listing: HK$700, valid for 30 days, prioritized over regular listings.
• Gold Top Listing: HK$1300, valid for 30 days, highest priority, 3x exposure.
• Urgent Listing: HK$1000, valid for 15 days, displayed on the homepage, 1.5x exposure.

Each listing can only be designated as either a rental or sale listing. Urgent listings must be combined with a regular, top, or gold top listing.

Should You Choose 28Hse?

28Hse listing price is somewhat hidden, visible only after clicking "I am an owner" and then "Fee Standards." It offers various listing plans, from affordable regular listings to high-exposure gold top and urgent listings, allowing landlords to choose based on their needs.

However, like 59, it does not offer free listing options. Additionally, the mandatory combination of urgent listings with other plans makes the minimum cost for urgent listings HK$1500, which might be high for budget-conscious landlords. The innovative "House Coin" system is more convenient for agents than for regular landlords, indicating that 28Hse caters more to agents than individual landlords.

RentEasy Listing Fee

• Basic Ad Package: HK$88, listing on RentEasy website.
• Premium Ad Package: HK$388, listings also posted on partner sites like 28hse.com, Squarefoot.com.hk, Spacious.hk.

Should You Choose RentEasy?

RentEasy offers affordable pricing with its basic ad package costing only HK$88, making it suitable for budget-conscious landlords. The premium package allows listings on multiple platforms for just HK$388, saving costs and time.

RentEasy provides the following services:

• No agent fees, no commissions, no paperwork.
• Handling calls and arranging viewings.
• Ads posted within 24 hours with instant response if needed.

However, RentEasy's site traffic is relatively low, which might result in longer times to find suitable tenants. The premium package, despite its advantages, might lead to listings being perceived as agent postings.

Threezero Rental Platform

Threezero Rental Platform offers free rental matching services without any agent fees, aiming to ease the financial burden on tenants and provide a simple and convenient way for landlords to list rentals.

Advantages

• Free to Use: Both landlords and tenants can use the platform without any advertising fees.
• User-Friendly: Simple design and easy to use, allowing landlords to easily post listings and tenants to quickly find suitable properties.
• High Transparency: All rental information is transparent, allowing tenants to contact landlords directly, avoiding intermediaries.

Disadvantages

• Information Verification: Being free and open, it may have false information or scams. Tenants need to be vigilant and verify necessary details.
• Lack of Value-Added Services: Focused on free services, it lacks the professional agent services offered by paid platforms, which might be insufficient for some landlords.

For those looking to avoid agent fees, Threezero is a great choice, offering a zero-commission rental matching platform. However, users should be cautious of false information and the platform’s simplicity.

LetsGetHome Rental Platform

LetsGetHome focuses on the Hong Kong rental market, providing transparent, fair, and reasonably priced rental services. It offers free listings, pay-as-you-go services, professional market promotion, and licensed agent services.

Advantages

• Free Listings: Landlords can post listings for free and contact tenants directly, saving agent fees.
• Pay-As-You-Go: Users pay for chosen agent services like viewings, successful negotiations, and lease signing. The commission is 25% of one month’s rent upon successful transactions.
• Licensed Agents: Ensures service quality, prioritizes user interests without sales tactics. Helps with property checks or tenant background checks to prevent scams.
• Efficient Service: Quickly updates property information and provides real-time market updates.

Disadvantages

• Limited Market Coverage: Currently covers a small market area, needing further expansion.
• Accumulated Fees: Though pay-as-you-go, multiple services can add up, potentially leading to higher overall costs.

LetsGetHome provides a transparent, free listing platform with personalized rental services, ideal for those unwilling to pay high agent fees. The platform is still growing, with limited listings but less competition, offering more exposure for listed properties. It’s convenient for tenants to secure desired rentals quickly through self-service on LetsGetHome.

Comparison of Rental Platforms in Hong Kong