Hong Kong still most expensive in world for luxury rentals

clock • 3 min read

Despite the pandemic and political headwinds Hong Kong has retained its crown as the world's most expensive city in which to rent a luxury apartment, international property agents Knight Frank has revealed in its latest research. Prime rents in Hong Kong averaged $6.7 per square feet at the end of 2020, meaning a tenant with a budget of US$10,000 pm would be able to rent less than 1,500 square feet. The global comparisons are based on a three-bedroom apartment in a central location, bu...

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