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Renting Property
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How far can your money take you?
Residential housing is expensive in Hong Kong. However, whatever your budget is, whatever your considerations are, you have plenty of options. This section will give you a comparative idea of prices by district. |
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1. The Peak
The Peak is considered to be the most exclusive and most expensive residential area in Hong Kong. Most accommodations enjoy excellent views over Aberdeen or the harbour, the outlying islands or green views, and offers easy access to Central via the Peak Tram and public transport.
Accommodation ranges from up-market low-rise apartments - all buildings are restricted in height - to townhouses and detached houses in small developments. Most blocks of flats have communal facilities such as a swimming pool, tennis courts or gymnasium. Peak residents can enjoy exquisite harbour or south-island sea views and cooler summer temperatures with evening breezes. The environment is green with many pleasant walks and trails.
| Bedrooms |
Square Feet |
Rent per Month (in HK$)* |
| 1 |
900 - 1200 |
30,000 - 40,000 |
| 2 |
1200 - 1500 |
40,000 - 70,000 |
| 3 |
1500 - 3000 |
60,000 - 150,000 |
| 4 - 5 |
3000 - 5000 |
100,000 - 400,000 |
* Indicative pricing |
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2. Mid-Levels Central
Closer to the city, the Mid-Levels area is popular with expats. It consists of a band of residential developments just south of Central, extending to the middle slopes of the Peak. Due to its convenient access to Central and Causeway Bay, this area has always been very popular with the expat community.
Mid-Levels Central is city-living in predominantly high-rise accommodations in winding and hilly roads surrounded by trees. Although the area is densely populated, the highly secure complexes guarantee quality living. Apartments are generally airy, spacious and fully fitted with fixtures. Lower complexes normally have views of neighbouring buildings and the city, while higher floors may have Victoria Harbour or lush-green views. Some developments higher up on the hill may also get a glimpse of the Peak.
| Bedrooms |
Square Feet |
Rent per Month (in HK$)* |
| Studio |
350 - 500 |
13,000 - 20,000 |
| 1 - 2 |
500 - 1000 |
18,000 - 35,000 |
| 3 |
1000 - 2000 |
35,000 - 90,000 |
| 4 - 5 |
2000 - 5000 |
80,000 - 300,000 |
* Indicative pricing |
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3. Repulse Bay
This is one of the most sought-after areas of Hong Kong among expatriates. It has a distinctly resort-like atmosphere. The water quality of the beach is even comparatively good with very few waves, making it ideal for family living. Repulse Bay and South Bay have stunning sea views. The area boasts a combination of luxury high-rises and townhouses, many with commanding views over the bay and the South China Sea and beyond.
Expatriates with young families often choose Repulse Bay because of the clean air, outdoor space for the children, and close proximity to the Hong Kong International School's junior and senior facilities.
Well-stocked supermarkets are close by. Commuting time to Central is approximately 25 minutes by taxi or car, and 35 minutes by bus to Central.
| Bedrooms |
Square Feet |
Rent per Month (in HK$)* |
| Studio |
800 |
35,000 |
| 1 - 2 |
900 - 1500 |
35,000 - 45,000 |
| 3 |
1500 - 2500 |
45,000 - 90,000 |
| 4 |
2500 - 4000 |
90,000 - 200,000 |
* Indicative pricing |
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4. Tsim Sha Tsui
Tsim Sha Tsui (TST) is located at the tip of the Kowloon peninsula, just across the harbour from Central District. This area never sleeps. It’s famous for its business centre, hardcore shopping, five-star hotels, cultural centres and museums. Individuals enjoy living in this area thanks to its convenience and beautiful harbour views. Most people settling in TST are singles or couples who are career oriented, work long hours and like to entertain.
In this area, you mainly find apartments in high-rise buildings enjoying panoramic views of the harbour. Views often include the fascinating TST skyline with its exceptional lighting during festive times.
| Bedrooms |
Square Feet |
Rent per Month (in HK$)* |
| Studio-1 |
500 - 800 |
20,000 - 30,000 |
| 1 - 2 |
800 - 1500 |
25,000 - 65,000 |
| 2 - 3 |
1500 - 2500 |
60,000 - 85,000 |
| 4+ |
2500+ |
70,000+ |
* Indicative pricing |
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5. Stanley
Stanley is very popular among expats due to its lovely village atmosphere, with fine beaches and a large choice of modern townhouses and low-rise apartments.
Stanley has good restaurants and pubs, and is home to the famous Stanley market, which sells clothes, leather goods and souvenirs.
This area is not serviced by the MTR, but there is good access by bus to Central, Causeway Bay and Shaukeiwan.
| Bedrooms |
Square Feet |
Rent per Month (in HK$)* |
| 2 - 3 |
1000 - 1500 |
30,000 - 60,000 |
| 3 - 4 |
2100 - 3500 |
80,000 - 180,000 |
| 3 |
1500 - 2500 |
45,000 - 90,000 |
| 4 - 5 |
4000+ |
150,000 - 220,000 |
* Indicative pricing |
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6. Pokfulam
Situated on the western side of Hong Kong Island, Pokfulam is green and hilly. It has a wide variety of accommodations ranging from townhouses to modern high-rise estates, as well as some older-style apartments with views over the South China Sea. The population is mixed, roughly half expats and half locals. Pokfulam is considered to be slightly more affordable than other areas of Hong Kong Island. Many apartments have panoramic views over the channel towards Lamma Island.
| Bedrooms |
Square Feet |
Rent per Month (in HK$)* |
| 1 - 3 |
600 - 1000 |
13,000 - 30,000 |
| 2 - 3 |
1100 - 1500 |
25,000 - 65,000 |
| 3 - 4 |
1600 - 2000 |
40,000 - 80,000 |
| 3 - 4 |
2100 - 4000 |
80,000 - 180,000 |
* Indicative pricing |
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7. Discovery Bay
Discovery Bay is a self-contained, resort style residential area on the scenic northeast shore of Lantau Island which offers the convenience of modern living in a tranquil natural setting for those who want to live away from the hustle and bustle of Hong Kong.
Built around a private sandy beach, embraced by rolling green hills and overlooking the South China Sea and the western end of Victoria Harbour, it is a family-orientated island where people drive golf carts.
Covering a site about eight per cent the size of Hong Kong Island it is regarded as one of the most spacious, safe and clean communities in Hong Kong.
Discovery Bay mainly caters for young families. Prices are still very reasonable compared with Hong Kong Island. You can find high-rise buildings, townhouses and mid-rise blocks of flats. Most of them have panoramic views. Every night, many flats enjoy the fireworks from Disney Land.
| Bedrooms |
Square Feet |
Rent per Month (in HK$)* |
| Studio |
400 - 600 |
5,000 - 8,000 |
| 1 - 2 |
600 - 800 |
7,000 - 13,000 |
| 2 - 3 |
900 - 1200 |
10,000 - 38,000 |
| 3 - 4 |
1200 - 2000 |
25,000 - 100,000 |
| 4+ |
2000+ |
80,000 - 180,000 |
* Indicative pricing |
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8. Sai Kung
On the Kowloon Peninsula, Sai Kung and Clearwater Bay are also very popular among the expat community. Sai Kung, once only a tiny fishing village, is a thriving town with a busy waterfront. Much of the town retains its peaceful and tranquil setting. Sai Kung is a low-density recreational and residential area. Lots of greenery and excellent scenery characterise this region. Buildings here are mainly low-rise.
The majority of the housing in Sai Kung / Clear Water Bay is based on villas, apartments and townhouses. Due to planning restrictions, there are very few high-rise blocks. In general, the area enjoys larger housing than other parts of Hong Kong with lock-up garages, swimming pools, gardens and pleasant scenery.
| Bedrooms |
Square Feet |
Rent per Month (in HK$)* |
| 2 - 3 |
1000 - 1500 |
20,000 - 50,000 |
| 3 - 4 |
1500 - 2500 |
35,000 - 80,000 |
| 4+ |
2500+ |
55,000 - 150,000 |
* Indicative pricing |
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