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.
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