Gross rental yields in Hong Kong: Kowloon and 3 other areas
Average gross rental yield in Hong Kong stands at 3.46% (Q3, 2026). Previously, in Q1 2026, the rental yield was 3.55%.
Cities and areas compared
- New Territories
- Kowloon
- Hong Kong Island
- Outlying islands
Historical rental yields in Hong Kong
| NEW TERRITORIES - Apartments | COST ($) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| Sha Tin | |||
| 1-Bedroom | $572,800 | $1,790 | 3.75% |
| 2-Bedroom | $701,600 | $1,860 | 3.18% |
| 3-Bedroom | $1,084,300 | $3,160 | 3.50% |
| 4+Bedroom | $3,442,000 | $9,950 | 3.47% |
| Tai Wai | |||
| 1-Bedroom | Unlock | Unlock | Unlock |
| 2-Bedroom | Unlock | Unlock | Unlock |
| 3-Bedroom | Unlock | Unlock | Unlock |
| 4+Bedroom | Unlock | Unlock | Unlock |
| Yuen Long | |||
| 1-Bedroom | Unlock | Unlock | Unlock |
| 2-Bedroom | Unlock | Unlock | Unlock |
| 3-Bedroom | Unlock | Unlock | Unlock |
| 4+Bedroom | Unlock | Unlock | Unlock |
| Tuen Mun Castle Peak Road | |||
| 1-Bedroom | Unlock | Unlock | Unlock |
| 2-Bedroom | Unlock | Unlock | Unlock |
| 3-Bedroom | Unlock | Unlock | Unlock |
| 4+Bedroom | Unlock | Unlock | Unlock |
| Tseung Kwan | |||
| 1-Bedroom | Unlock | Unlock | Unlock |
| 2-Bedroom | Unlock | Unlock | Unlock |
| 3-Bedroom | Unlock | Unlock | Unlock |
| 4+Bedroom | Unlock | Unlock | Unlock |
| Tai Po | |||
| 2-Bedroom | Unlock | Unlock | Unlock |
| 3-Bedroom | Unlock | Unlock | Unlock |
| 4+Bedroom | Unlock | Unlock | Unlock |
| Ma On Shan | |||
| 2-Bedroom | Unlock | Unlock | Unlock |
| 3-Bedroom | Unlock | Unlock | Unlock |
| Tuen Mun | |||
| 1-Bedroom | Unlock | Unlock | Unlock |
| 2-Bedroom | Unlock | Unlock | Unlock |
| 3-Bedroom | Unlock | Unlock | Unlock |
| New Territories (all locations) | |||
| Studio | Unlock | Unlock | Unlock |
| 1-Bedroom | Unlock | Unlock | Unlock |
| 2-Bedroom | Unlock | Unlock | Unlock |
| 3-Bedroom | Unlock | Unlock | Unlock |
| 4+Bedroom | Unlock | Unlock | Unlock |
| New Territories avg. Rental Yields | Unlock | ||
| KOWLOON - Apartments | COST ($) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| Hung Hom | |||
| Studio | Unlock | Unlock | Unlock |
| 1-Bedroom | Unlock | Unlock | Unlock |
| 2-Bedroom | Unlock | Unlock | Unlock |
| 3-Bedroom | Unlock | Unlock | Unlock |
| 4+Bedroom | Unlock | Unlock | Unlock |
| Tai Kok Tsui | |||
| 1-Bedroom | Unlock | Unlock | Unlock |
| 2-Bedroom | Unlock | Unlock | Unlock |
| Olympic | |||
| 2-Bedroom | Unlock | Unlock | Unlock |
| 3-Bedroom | Unlock | Unlock | Unlock |
| Kowloon Station | |||
| 2-Bedroom | Unlock | Unlock | Unlock |
| 3-Bedroom | Unlock | Unlock | Unlock |
| To Kwa Wan | |||
| 1-Bedroom | Unlock | Unlock | Unlock |
| 2-Bedroom | Unlock | Unlock | Unlock |
| 3-Bedroom | Unlock | Unlock | Unlock |
| Ho Man Tin | |||
| 2-Bedroom | Unlock | Unlock | Unlock |
| 3-Bedroom | Unlock | Unlock | Unlock |
| 4+Bedroom | Unlock | Unlock | Unlock |
| Sham Shui Po | |||
| Studio | Unlock | Unlock | Unlock |
| 1-Bedroom | Unlock | Unlock | Unlock |
| 2-Bedroom | Unlock | Unlock | Unlock |
| Cheung Sha Wan | |||
| 1-Bedroom | Unlock | Unlock | Unlock |
| 2-Bedroom | Unlock | Unlock | Unlock |
| 3-Bedroom | Unlock | Unlock | Unlock |
| Kowloon (all locations) | |||
| Studio | Unlock | Unlock | Unlock |
| 1-Bedroom | Unlock | Unlock | Unlock |
| 2-Bedroom | Unlock | Unlock | Unlock |
| 3-Bedroom | Unlock | Unlock | Unlock |
| 4+Bedroom | Unlock | Unlock | Unlock |
| Kowloon avg. Rental Yields | Unlock | ||
| HONG KONG ISLAND - Apartments | COST ($) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| Hong Kong Island (all locations) | |||
| Studio | Unlock | Unlock | Unlock |
| 1-Bedroom | Unlock | Unlock | Unlock |
| 2-Bedroom | Unlock | Unlock | Unlock |
| 3-Bedroom | Unlock | Unlock | Unlock |
| 4+Bedroom | Unlock | Unlock | Unlock |
| Hong Kong Island avg. Rental Yields | Unlock | ||
| OUTLYING ISLANDS - Apartments | COST ($) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| Outlying Islands (all locations) | |||
| 1-Bedroom | Unlock | Unlock | Unlock |
| 2-Bedroom | Unlock | Unlock | Unlock |
| 3-Bedroom | Unlock | Unlock | Unlock |
| Outlying Islands avg. Rental Yields | Unlock | ||
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All yields are gross - i.e., before taxes, repair costs, ground rents, estate agents' fees, and any other costs. Net yields (what you´ll really earn) are typically around 1.5% to 2% lower. Source: Global Property Guide and 28hse |
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Research Methodology:
Our rental yield analysis is conducted biannually to ensure up-to-date insights. We assess 1-bedroom, 2-bedroom, and 3-bedroom properties across the largest cities in Hong Kong, comparing median rental prices with median purchase prices to determine gross rental yields.
We source data from a leading local property platform, capturing both asking rents and list prices to reflect current market conditions. The gross rental yield is calculated using the following formula:
(Median Monthly Rent × 12) ÷ Median Purchase Price × 100
For example, if the median monthly rent is $500 and the median purchase price is $100,000, the yield is calculated as:
($500 × 12) ÷ $100,000 = 6% Gross Rental Yield
Note: NET yields vary from country to country, but are usually 1.5-2% lower.
