How much is apartment rent in Hong Kong?

How much is apartment rent in Hong Kong?

The minimum rent in Hong Kong is about 15,000 HKD (1,900 USD) per month for a simple one-bedroom apartment further away from the center. If you wish to live closer to the center or rent a bigger place with more amenities expect to pay at least 20,000–30,000 HKD (2,550–3,850 USD) per month and more.

How much is rent in Hong Kong?

List of prices in Hong Kong Current as of Jan 2022.

Food Update prices
Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area HK$45,755
Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area HK$31,261
Utilities 1 month (heating, electricity, gas …) for 2 people in 85m2 flat HK$1,463

Is rent expensive in Hong Kong?

Cost of living in Hong Kong is, on average, 15.21% higher than in United States. Rent in Hong Kong is, on average, 77.41% higher than in United States.

How much should you spend on rent Hong Kong?

According to experts, you should only spend around 33% of your salary/income on rent.

Is it cheaper to live in Hong Kong or Singapore?

Cost of living: According to Expatisan.com, the cost of living in Singapore is 9 percent cheaper than in Hong Kong overall. This takes into account variables such as cost of food, housing, clothes, transportation, personal care and entertainment.

Is it cheap to live in Hong Kong?

Foreigners may think that, in a bustling metropolis such as Hong Kong, life doesn’t come cheap. You should allow for HK$30,000 to HK$50,000 (US$3,900 to US$6,500) per year for other living costs, including food, leisure, transportation, and personal items, depending on how extravagantly you plan to live.

How much is a 2 bedroom apartment in Hong Kong?

For somebody thinking about moving to Hong Kong, a 2-bedroom apartment would cost more than $3,700 per month to rent on average.

How much should I earn in Hong Kong?

As of 2021, the minimum salary in Hong Kong is of HK$ 37.5 per hour (roughly 4.85 USD). Considering the average working week of 44 hours in Hong Kong, the minimum salary in Hong Kong is of approximately HKD 7425. The approximate amount in USD is 950. The average salary in Hong Kong is much higher.

Is food in Hong Kong expensive?

While meal prices in Hong Kong can vary, the average cost of food in Hong Kong is HK$205 per day. Breakfast prices are usually a little cheaper than lunch or dinner. The price of food in sit-down restaurants in Hong Kong is often higher than fast food prices or street food prices.

Is Hong Kong clean city?

So, is Hong Kong clean? Hong Kong is generally clean ranking third in 2021 for health security and has been making improvements in air quality from 2001 onwards but littering, beach and coastal health need to improve for Hong Kong to become a cleaner, healthier city going forward.

Which country is more expensive Hong Kong or Singapore?

Hong Kong was the most expensive property market in the world in 2020, according to a report by CBRE. Overall, rent in Hong Kong is 56 percent more expensive than in Singapore, according to data from Expatistan.com. Singapore has a slight edge, with 596 crime cases per 100,000 people, compared to Hong Kong’s 936.

Is it easy to get job in Hong Kong?

It is relatively hard to get a job in Hong Kong. The employers are picky when choosing foreign workers and fill visa application. The workers need to meet strict qualifications to land a job, and the employer needs to prove that they cannot pick a local resident for the job instead.

How much does it cost to rent an apartment in HK?

According to Nestpick database, the average rental price in Hong Kong for apartments are in between 998 HKD and 7,780 HKD. How big is a Hong Kong apartment?

What are Hong Kong apartments like for expats?

Hong Kong apartments range dramatically in price depending on the area of the city in question. A property in a skyrise may be the norm for expats, but hong kong apartments for rent can include accommodation in neighborhoods that are smaller, and a lot more local than the main expat heavy downtown area.

Where is our apartment situated in Hong Kong?

Our apartment is situated on the Tsim Sha Tsui where is the commercial and shopping center of the Kowloon side in Hong Kong. It’s very high in accessibility as you just need 3 minutes to the Jordan MTR Station, 8 minute

How to find short term or long term lease in Hong Kong?

Looking to find short term or long term lease, rent a flat, buy a flat or list property in Hong Kong? Please call Hong Kong Homes at +852 2866 0130.