How much is the rent in Hong Kong?

How much is the rent in Hong Kong?

List of prices in Hong Kong Current as of Dec 2021.

Food Update prices
Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area HK$45,067
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

How much does it cost to rent a flat 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.

Is rent in Hong Kong expensive?

Prime rents in Hong Kong averaged US$6.7 per sq ft at the end of 2020, meaning a tenant with a budget of US$10,000 per month would be able to rent less than 1,500 square feet.

Is it better to rent a room furnished or unfurnished?

According to Trulia.com, with a furnished apartment, you can expect to earn up to 20% more in rental income compared to an unfurnished apartment. The more furniture you have, the more you can expect to collect in rental income. In addition, offering a furnished property can help you claim a part of your tax bill.

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.

Does fully furnished include TV?

At the least, a living room within a furnished apartment will include a couch, coffee table, end table and lamps. The end table may double as a desk, ideal for those who need a home workspace. A chair, ottoman or bookshelf may also be present, as well as electronics such as a TV (possibly a smart TV) or stereo system.

Do furnished apartments rent faster?

It’s not uncommon for a furnished apartment to rent for 20-40% higher than an unfurnished apartment. For short-term stays, under a month that number will increase further.

Where can I find cheap rooms for rent in Hong Kong?

Some of cheapest rooms for rent in hong kong can be found in the hipster central neighborhood of Sheung Wan, and the up and coming area of Sai Ying Pun. These two neighborhoods offer cheaper rents and a laid back lifestyle in comparison to the downtown areas.

How often can I rent a serviced apartment in Hong Kong?

Hong Kong serviced apartments can be rented monthly, as major workers are visiting the city on short terms contracts or for business ventures, thus need a fully furnished apartment in Hong Kong on a month by month basis.

Are there any serviced apartments in Hong Kong for expats?

For those expats traveling over with families, there are plenty of 2 or 3 bedroom serviced apartments in Hong Kong offering all the same facilities and services as the one bedroom or studio options.

How much does it cost to move to Hong Kong with flatio?

On top of that, all apartments on Flatio are fully furnished and equipped, including the internet, so that there’s nothing standing in your way when you move to Hong Kong. We also don’t ask for any deposits and you only pay a €19 reservation fee and a low service fee.

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