Daily Archives: November 5, 2011

HK LIFE – Flat-hunting Tips for Hong Kong 3

As land is scarce, HK is home to the world’s most expensive property rental market. Whilst most ex-pats opt for the traditional HK Island-side haunts around the central business district, those on more modest budgets will find better value and larger options on Kowloon-side and in the New Territories. Liveable shoebox apartments will start at around HK$5,000pm, though – for a decent area and a more civilised measure of floor space – it’s best to aim more towards HK$10-15,000pm. A good starting point for gauging what your money gets you is gohome.com.hk which details rents, floor space and photographs posted by local property agents. [Those on more generous ex-pat packages may prefer the options listed at the bottom of the page, where rents begin more around the HK$50,000pm mark.]