Hong Kong House Prices, Rents & Rental Yields (2026)
How much property costs in Hong Kong, what it rents for and how that compares with neighbouring markets in Eastern Asia. City-centre prices per m² rank 1 of 5 in this comparison; gross yields rank 4 of 5.
- Apartment price per m² (city centre)
- $28,437
- 2023
- Apartment price per m² (outside centre)
- $19,563
- 2023
- Gross rental yield (city centre)
- 1.6%
- 2022
- Rent: 1-bedroom, city centre
- $2,271/mo
- 2023
- Mortgage interest rate (20-year fixed)
- 3.8%
- 2023
Price and rent trends in Hong Kong
Latest property market indicators
| Indicator | Value | Year | Change | Source |
|---|---|---|---|---|
| Apartment price per m² (city centre)Average asking price per square metre to buy an apartment in city centres | $28,437 | 2023 | -7.1% vs 2022 | Numbeo |
| Apartment price per m² (outside centre)Average price per square metre to buy an apartment outside city centres | $19,563 | 2023 | -4.1% vs 2022 | Numbeo |
| Gross rental yield (city centre)Annual rent as a percentage of purchase price, city-centre apartments | 1.6% | 2022 | ±0.0 pp vs 2021 | Numbeo |
| Price-to-rent ratio (city centre)Purchase price divided by annual rent, city-centre apartments | 63.4 | 2022 | +2.9% vs 2021 | Numbeo |
| Rent: 1-bedroom, city centreAverage monthly rent of a one-bedroom apartment in the city centre | $2,271/mo | 2023 | +2.5% vs 2022 | Numbeo |
| Rent: 1-bedroom, outside centreAverage monthly rent of a one-bedroom apartment outside the centre | $1,677/mo | 2023 | +4.8% vs 2022 | Numbeo |
| Rent: 3-bedroom, city centreAverage monthly rent of a three-bedroom apartment in the city centre | $4,469/mo | 2023 | -2.1% vs 2022 | Numbeo |
| Rent: 3-bedroom, outside centreAverage monthly rent of a three-bedroom apartment outside the centre | $3,009/mo | 2023 | +1.3% vs 2022 | Numbeo |
| Mortgage interest rate (20-year fixed)Average yearly mortgage interest rate, 20-year fixed | 3.8% | 2023 | +1.2 pp vs 2022 | Numbeo |
| Home ownership rateShare of owner-occupied dwellings | 50.4% | 2024 | ±0.0 pp vs 2023 | Trading Economics |
Year-by-year data
| Year | Apartment price per m² (city centre) | Apartment price per m² (outside centre) | Gross rental yield (city centre) | Price-to-rent ratio (city centre) | Rent: 1-bedroom, city centre | Rent: 1-bedroom, outside centre | Rent: 3-bedroom, city centre | Rent: 3-bedroom, outside centre | Mortgage interest rate (20-year fixed) | Home ownership rate |
|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | — | — | — | — | — | — | — | — | — | 50.4% |
| 2023 | $28,437 | $19,563 | — | — | $2,271/mo | $1,677/mo | $4,469/mo | $3,009/mo | 3.8% | 50.4% |
| 2022 | $30,623 | $20,403 | 1.6% | 63.4 | $2,216/mo | $1,601/mo | $4,563/mo | $2,971/mo | 2.6% | 51.5% |
| 2021 | $34,066 | $23,813 | 1.6% | 61.6 | $2,246/mo | $1,554/mo | $4,656/mo | $3,060/mo | 2.3% | 51.0% |
| 2020 | $31,943 | $20,276 | 1.8% | 56.5 | $2,263/mo | $1,570/mo | $4,490/mo | $3,039/mo | 2.5% | 51.8% |
| 2019 | $30,968 | $19,623 | 1.8% | 54.5 | $2,307/mo | $1,612/mo | $5,024/mo | $3,161/mo | 2.6% | 50.1% |
| 2018 | $30,176 | $19,188 | 1.9% | 51.4 | $2,456/mo | $1,604/mo | $4,999/mo | $3,138/mo | 2.4% | 49.4% |
| 2017 | $27,308 | $17,698 | 2.3% | 44.3 | $2,180/mo | $1,471/mo | $4,998/mo | $3,100/mo | 2.4% | 49.4% |
Hong Kong compared with Eastern Asia
| Country | Apartment price per m² (city centre) | Gross rental yield (city centre) | Price-to-income ratio | Mortgage interest rate (20-year fixed) |
|---|---|---|---|---|
| Hong Kong | $28,437 | 1.6% | — | 3.8% |
| China | $9,067 | 1.7% | 29.6 | 4.4% |
| Japan | $8,216 | 2.4% | 10 | 1.8% |
| Mongolia | $1,483 | 7.2% | 15.7 | 6.5% |
| South Korea | $11,970 | 1.2% | 19.9 | 4.8% |
Related
- Properties for sale in Hong Kong (19)
- Mortgages in Hong Kong for foreigners
- Hong Kong market overview
- Tax rates in Hong Kong
Prices, rents, yields and mortgage rates: Numbeo (crowd-sourced, national averages of city data). Values in US dollars.