What is the average cost of housing in Hong Kong?
If you are thinking about moving to Hong Kong, cost of living in probably a key consideration. Expats commented about the cost of housing...
"Housing costs are much higher here. For the price of this flat, I could just about get a mansion in England. Our flat (3000 sq ft) here is not in one of the better locations, but it still cost 6,000,000 Hong Kong dollars in 1989. I am told I could get about 10 million for it now," explained one expat living in Hong Kong, Hong Kong.
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"The cost of housing in Hong Kong is generally quite high, with the average cost of a one-bedroom apartment in the city center being around $3,000 USD per month. Prices can vary greatly depending on the location and size of the property, with some luxury apartments costing upwards of $10,000 USD per month," said another expat in Hong Kong.
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What is the average cost of housing in Hong Kong?
If you live in Hong Kong, newcomers to Hong Kong would love to hear your answer to this question.
About the Author
Joshua Wood, LPC joined Expat Exchange in 2000 and serves as one of its Co-Presidents. He is also one of the Founders of Digital Nomad Exchange. Prior to Expat Exchange, Joshua worked for NBC Cable (MSNBC and CNBC Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.
Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.