Hongkong Select Homes

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Current Rents

Rentals are in Hong Kong dollars, payable monthly in advance, and, except for serviced apartments, are usually exclusive of monthly management fees, Government rent and Government rates, for which an additional 12% to 15% of the rent should be budgeted.

Corporate

Current monthly rental budgets for accommodation being allocated at various employment levels by major multinationals, applicable to the prime residential locations such as The Peak and Midlevels:

Junior Management/Supervisory HK$30,000 to $55,000
Mid Management HK$55,000 to $80,000
Senior Management HK$80,000 to $100,000
Chief Executive Officer HK$100,000 to $250,000 upwards

Private

Current monthly rentals being budgeted by smaller companies, westerners on non-expat packages or expats who may receive rent-saving benefits (return of percentage saved to employee) in secondary residential locations such as Pokfulam, Happy Valley, parts of Kowloon and New Territories, or Discovery Bay:

Small units under 1,200 sq ft HK$20,000 to $35,000
Medium units 1,200 to 2,000 sq ft HK$35,000 to $50,000
Large units over 2,000 sq ft HK$42,000 upwards

Serviced or short term

Current monthly rentals for serviced apartments, from the good to the luxurious:

Good 650 to 750 sq ft HK$19,000 to $30,000
Mid range 700 to 1,850 sq ft HK$35,000 to $75,000
Luxury range 650 to 3,300 sq ft HK$42,000 to $150,000

All rentals are quoted as a guideline only and, although every care is taken in compiling this information, may be subject to change at any time without notice.