{"id":4376,"date":"2017-04-28T13:51:05","date_gmt":"2017-04-28T05:51:05","guid":{"rendered":"https:\/\/www.spacious.hk\/en\/blog\/?p=4376"},"modified":"2019-09-02T10:02:30","modified_gmt":"2019-09-02T02:02:30","slug":"rent-or-own-spacious-new-tools-give-you-the-answer","status":"publish","type":"post","link":"https:\/\/www.spacious.hk\/en\/blog\/rent-or-own-spacious-new-tools-give-you-the-answer","title":{"rendered":"Rent or Own? Spacious&#8217; New Tools Give You The Answer"},"content":{"rendered":"<p><strong>Spacious&#8217; Tipping Point Analysis Featured by CNBC and SCMP<\/strong><\/p>\n<p><a href=\"https:\/\/www.spacious.hk\/en\/hong-kong\" target=\"_blank\" rel=\"noopener noreferrer\">Spacious<\/a>&#8216; mission is to give property searchers the best tools and <a href=\"https:\/\/www.spacious.hk\/en\/hong-kong\/transactions\" target=\"_blank\" rel=\"noopener noreferrer\">data<\/a>&nbsp;to save them time and money during their property search. Many searchers have been asking if they should&nbsp;<a href=\"https:\/\/www.spacious.hk\/en\/hong-kong\/questions\/for-sale\" target=\"_blank\" rel=\"noopener noreferrer\">O<\/a><a href=\"https:\/\/www.spacious.hk\/en\/hong-kong\/questions\/for-sale\">wn<\/a>&nbsp;or <a href=\"https:\/\/www.spacious.hk\/en\/hong-kong\/for-rent\" target=\"_blank\" rel=\"noopener noreferrer\">Rent<\/a>&nbsp;their next place to live. To help answer this question,&nbsp;Spacious has launched&nbsp;the <a href=\"https:\/\/www.spacious.hk\/en\/hong-kong\/mortgages\/buy-vs-rent\/summary\" target=\"_blank\" rel=\"noopener noreferrer\">Tipping Point<\/a> analysis and map overlay.&nbsp;Given the upfront costs associated with purchasing property, renting property is typically cheaper in the short term vs. owning. Spacious\u2019 Tipping Point metric measures the time in years that it would take for the total costs for renting a home to exceed the total cost of buying an average home in a particular neighborhood. Once again, Spacious&#8217; market leading data and technology have&nbsp;been embraced by users and praised&nbsp;by the international&nbsp;media, with the Tipping Point analysis being featured this week on&nbsp;<a href=\"http:\/\/www.cnbc.com\/2017\/04\/24\/hong-kong-housing-spacious-interactive-map-shows-when-to-buy-or-rent.html\" target=\"_blank\" rel=\"noopener noreferrer\">CNBC<\/a>&nbsp;and in the <a href=\"http:\/\/www.scmp.com\/lifestyle\/article\/2089560\/buy-or-rent-hong-kong-tipping-point-guide-93-neighbourhoods-shows-way\" target=\"_blank\" rel=\"noopener noreferrer\">SCMP<\/a>.<\/p>\n<p><strong>Cost of Buying Calculator<\/strong><\/p>\n<p>Spacious&nbsp;has launched a new, interactive&nbsp;<a href=\"http:\/\/www.spacious.hk\/en\/hong-kong\/mortgages\/calculator\" target=\"_blank\" rel=\"dofollow noopener noreferrer\">calculator<\/a>&nbsp;to help users determine&nbsp;the upfront and long term total costs of buying a property. The new calculator sets the bar for user experience and functionality in Asia. The calculator&nbsp;estimates upfront payments including stamp duty, down payment and broker&#8217;s commission. Monthly and lifetime costs are summarized with visualization and full details for the life of the mortgage are expandable. Users can easily customize all assumptions on desktop and mobile web versions. The calculator is also available on all&nbsp;<a href=\"http:\/\/www.spacious.hk\/en\/hong-kong\/for-sale\" target=\"_blank\" rel=\"dofollow noopener noreferrer\">For Sale<\/a>&nbsp;listings so users can access this information quickly for a specific listing.<\/p>\n<p><a href=\"https:\/\/www.spacious.hk\/en\/blog\/wp-content\/uploads\/2017\/04\/37b3d6a2-c60e-46e0-8115-177389ac8b25.png\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-4377 aligncenter\" src=\"https:\/\/www.spacious.hk\/en\/blog\/wp-content\/uploads\/2017\/04\/37b3d6a2-c60e-46e0-8115-177389ac8b25-595x313.png\" alt=\"37b3d6a2-c60e-46e0-8115-177389ac8b25\" width=\"595\" height=\"313\" srcset=\"https:\/\/www.spacious.hk\/en\/blog\/wp-content\/uploads\/2017\/04\/37b3d6a2-c60e-46e0-8115-177389ac8b25-595x313.png 595w, https:\/\/www.spacious.hk\/en\/blog\/wp-content\/uploads\/2017\/04\/37b3d6a2-c60e-46e0-8115-177389ac8b25-768x404.png 768w, https:\/\/www.spacious.hk\/en\/blog\/wp-content\/uploads\/2017\/04\/37b3d6a2-c60e-46e0-8115-177389ac8b25-960x504.png 960w, https:\/\/www.spacious.hk\/en\/blog\/wp-content\/uploads\/2017\/04\/37b3d6a2-c60e-46e0-8115-177389ac8b25-696x366.png 696w, https:\/\/www.spacious.hk\/en\/blog\/wp-content\/uploads\/2017\/04\/37b3d6a2-c60e-46e0-8115-177389ac8b25-799x420.png 799w, https:\/\/www.spacious.hk\/en\/blog\/wp-content\/uploads\/2017\/04\/37b3d6a2-c60e-46e0-8115-177389ac8b25.png 1024w\" sizes=\"auto, (max-width: 595px) 100vw, 595px\" \/><\/a><\/p>\n<p><strong>More Tools for Buyers and Renters Exclusively on Spacious<\/strong><\/p>\n<ul>\n<li>Find Undervalued and High Yielding&nbsp;apartments for Sale and for&nbsp;Rent&nbsp;by subscribing to Spacious&#8217; Undervalue Alerts. Spacious&#8217; valuation algorithm&nbsp;identifies new undervalued listings and sends the listings directly to you, so you&#8217;re the first to know about&nbsp;new undervalued listings. Join Undervalue Alerts now <a href=\"https:\/\/www.spacious.hk\/en\/hong-kong#page-section__listing-overview__frame\" target=\"_blank\" rel=\"noopener noreferrer\">here<\/a>.<\/li>\n<li>Transaction data&nbsp;including transaction counts&nbsp;and prices with&nbsp;graphic visualization is now available at&nbsp;district, neighborhood, and building levels on <a href=\"https:\/\/www.spacious.hk\/en\/hong-kong\/transactions\" target=\"_blank\" rel=\"noopener noreferrer\">Spacious Transactions<\/a>.<\/li>\n<li>Hong Kong&#8217;s first-hand residential markets has been&nbsp;red hot, despite cooling efforts by the HK Government. You can learn more about and send enquiries to&nbsp;new developments from Spacious&#8217; <a href=\"https:\/\/www.spacious.hk\/en\/hong-kong\/new-property-developments\" target=\"_blank\" rel=\"noopener noreferrer\">New Developments page<\/a>.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Spacious&#8217; Tipping Point Analysis Featured by CNBC and SCMP Spacious&#8216; mission is to give property searchers the best tools and data&nbsp;to save them time and money during their property search. Many searchers have been asking if they should&nbsp;Own&nbsp;or Rent&nbsp;their next place to live. To help answer this question,&nbsp;Spacious has launched&nbsp;the Tipping Point analysis and map overlay.&nbsp;Given the upfront costs associated [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":4378,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[74],"tags":[106,107],"class_list":["post-4376","post","type-post","status-publish","format-standard","hentry","category-hong-kong-property","tag-spacious","tag-spacious-app"],"_links":{"self":[{"href":"https:\/\/www.spacious.hk\/en\/blog\/wp-json\/wp\/v2\/posts\/4376","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.spacious.hk\/en\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.spacious.hk\/en\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.spacious.hk\/en\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/www.spacious.hk\/en\/blog\/wp-json\/wp\/v2\/comments?post=4376"}],"version-history":[{"count":0,"href":"https:\/\/www.spacious.hk\/en\/blog\/wp-json\/wp\/v2\/posts\/4376\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.spacious.hk\/en\/blog\/wp-json\/wp\/v2\/media\/4378"}],"wp:attachment":[{"href":"https:\/\/www.spacious.hk\/en\/blog\/wp-json\/wp\/v2\/media?parent=4376"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.spacious.hk\/en\/blog\/wp-json\/wp\/v2\/categories?post=4376"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.spacious.hk\/en\/blog\/wp-json\/wp\/v2\/tags?post=4376"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}