How much does it cost to rent an apartment in Hong Kong?

The average rent for a one-bedroom apartment in Hong Kong can range from 12,000 to 20,000 HKD (1,500 to 2,500 USD) or more per month. On the upside, most apartments easily meet the highest standards of living. Older buildings are often renovated to offer their tenants the same comfort as new housing developments.

How do I pay rent for a student accommodation?

Payment methods You can pay by credit or debit card, or by bank wire transfer. We can’t accept American Express. You will need to know how much you need to pay. If you are unsure of the amount, contact [email protected].

What is the average rent in Hong Kong?

In 2021, the average monthly rent for public and private permanent housing in Hong Kong’s New Territories was 66 Hong Kong dollars per square meters.

How much does a 3 bedroom apartment cost in Hong Kong?

Property Prices in Hong Kong, Hong Kong

Rent Per Month	Edit
Apartment (3 bedrooms) in City Centre	36,245.61HK$
Apartment (3 bedrooms) Outside of Centre	23,987.27HK$
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	24,149.03HK$

Is 30000 hkd a good salary?

How do you define good salary, median income of HK people is around 16k, 30k would be decent salary level. But if you are talking about have a high quality of life in HK, 30k is not enough, you can rent 100–200 sqft flat in HK with 10 to 20k(depends on location), 1 to 2k for transportation.

Is 40k hkd a good salary?

The top 10% earns around HKD 40,000+. But let’s assume that you are a single young professional, looking to move to HK, and would like to enjoy a reasonable level of social life, I would say HKD 50,000 is a decent starting point.

Is student accommodation paid monthly?

Private accommodation can either be privately-run halls of residence or a room in a normal flat or house run by a landlord. You’ll pay rent in term or monthly instalments. Check whether bills are included or separate before you sign the contract.

What happens if you dont pay rent as a student?

Failure to pay could result in the landlord instructing bailiffs to obtain the value of the money judgment, and he warns, the judgment against them could affect their credit rating, which could affect their future financial plans, making it harder to get credit or loans.

How much is a nano apartment in Hong Kong?

That gave the typical 200 sq ft Hong Kong nano flat a price tag of HK$5.1 million (US$655,000), about the same as a 544 sq ft studio in southeast London, according to the property website of Galliard Homes.

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.

Is 50000 hkd a good salary?

At least 90% of the population earns less than that, and they survive. For 50,000, you can rent a pretty nice flat, eat well, maybe have a car. You won’t have a mansion or a Mercedes, but you’ll be better off than 90% or more of the population.

How much is a 2 bedroom apartment in Hong Kong?

For somebody thinking about moving to Hong Kong, a 2-bedroom apartment would cost more than $3,700 per month to rent on average.

How much does it cost to rent an apartment in HK?

According to Nestpick database, the average rental price in Hong Kong for apartments are in between 998 HKD and 7,780 HKD. How big is a Hong Kong apartment?

Where to stay in Hong Kong as a student?

Student accommodation in Hong Kong consists of high rise buildings in central locations of the city, in areas such as Sheung Wan and Lan Kwai Fong. Students enjoy Sheung Wan for its hipster and artistic atmosphere, whilst the nightlife in Lan Kwai Fong is the best and most renowned in the city.

Where is our apartment situated in Hong Kong?

Our apartment is situated on the Tsim Sha Tsui where is the commercial and shopping center of the Kowloon side in Hong Kong. It’s very high in accessibility as you just need 3 minutes to the Jordan MTR Station, 8 minute

Is it cheap to live in Hong Kong as a student?

Ok, so it’s not a cheap place to live, but student housing in Hong Kong is generally kept to a very good standard, with all bills, facilities and amenities included in the monthly rent. How much does it cost to rent an apartment in Hong Kong?