Gross rental yields in Hong Kong: Kowloon and 3 other areas
Average gross rental yields in Hong Kong stands at 3.39% (Q1, 2024).
- New Territories
- Kowloon
- Hong Kong Island
- Outlying islands
Last Updated: Jan. 22, 2024 | |||
NEW TERRITORIES - Apartments | COST ($) | YIELD (p.a.) | |
TO BUY | MONTHLY RENT | ||
ShaTin | |||
1-Bedroom | $575,548 | $1,535 | 3.20% |
2-Bedroom | $677,867 | $1,864 | 3.30% |
3-Bedroom | $970,758 | $2,814 | 3.48% |
4+Bedroom | $3,821,640 | $7,546 | 2.37% |
Tai Wai | |||
1-Bedroom | $713,680 | $1,662 | 2.79% |
2-Bedroom | $639,498 | $2,033 | 3.81% |
3-Bedroom | $1,342,946 | $3,357 | 3.00% |
Fotan | |||
2-Bedroom | $660,601 | $2,558 | 4.65% |
3-Bedroom | $1,547,585 | $3,709 | 2.88% |
Yuen Long | |||
1-Bedroom | $454,044 | $883 | 2.33% |
2-Bedroom | $657,403 | $1,509 | 2.75% |
3-Bedroom | $943,899 | $1,816 | 2.31% |
4+Bedroom | $1,598,745 | $3,965 | 2.98% |
Tuen Mun Castle Peak Road | |||
2-Bedroom | $665,078 | $1,726 | 3.11% |
3-Bedroom | $959,247 | $2,942 | 3.68% |
4+Bedroom | $1,148,538 | $4,476 | 4.68% |
Tseung Kwan | |||
2-Bedroom | $805,767 | $2,238 | 3.33% |
3-Bedroom | $1,048,776 | $3,102 | 3.55% |
4+Bedroom | $2,321,377 | $4,988 | 2.58% |
Tai Po | |||
2-Bedroom | $633,103 | $1,854 | 3.51% |
3-Bedroom | $1,149,817 | $3,134 | 3.27% |
4+Bedroom | $2,187,083 | $5,755 | 3.16% |
Ma On Shan | |||
2-Bedroom | $765,479 | $1,918 | 3.01% |
3-Bedroom | $997,617 | $2,916 | 3.51% |
Tuen Mun | |||
1-Bedroom | $447,648 | $1,100 | 2.95% |
2-Bedroom | $479,623 | $1,407 | 3.52% |
3-Bedroom | $624,150 | $1,663 | 3.20% |
New Territories avg. Rental Yields |
3.22% |
||
KOWLOON - Apartments | COST ($) | YIELD (p.a.) | |
TO BUY | MONTHLY RENT | ||
Hung Hom | |||
Studio | $409,279 | $1,534 | 4.50% |
1-Bedroom | $624,150 | $1,917 | 3.69% |
2-Bedroom | $686,820 | $2,493 | 4.36% |
3-Bedroom | $1,258,532 | $3,938 | 3.75% |
Tai Kok Tsui | |||
1-Bedroom | $664,868 | $1,534 | 2.77% |
2-Bedroom | $740,305 | $1,892 | 3.07% |
Olympic | |||
2-Bedroom | $1,118,769 | $2,666 | 2.86% |
3-Bedroom | $1,790,030 | $4,769 | 3.20% |
Kowloon Station | |||
2-Bedroom | $2,397,362 | $4,475 | 2.24% |
3-Bedroom | $3,449,644 | $6,393 | 2.22% |
To Kwa Wan | |||
1-Bedroom | $644,411 | $1,917 | 3.57% |
2-Bedroom | $716,012 | $1,956 | 3.28% |
3-Bedroom | $918,030 | $2,557 | 3.34% |
Ho Man Tin | |||
1-Bedroom | $572,810 | $1,725 | 3.61% |
2-Bedroom | $926,980 | $2,813 | 3.64% |
3-Bedroom | $1,598,241 | $4,065 | 3.05% |
4+Bedroom | $3,963,638 | $7,096 | 2.15% |
Sham Shui Po | |||
Studio | $382,299 | $1,304 | 4.09% |
1-Bedroom | $537,009 | $1,291 | 2.88% |
2-Bedroom | $521,666 | $1,918 | 4.41% |
3-Bedroom | $741,584 | $3,171 | 5.13% |
Cheung Sha Wan | |||
Studio | $419,379 | $1,573 | 4.50% |
1-Bedroom | $560,024 | $1,790 | 3.84% |
2-Bedroom | $607,332 | $2,161 | 4.27% |
3-Bedroom | $1,186,534 | $4,462 | 4.51% |
Lai Chi Kok | |||
2-Bedroom | $956,387 | $2,404 | 3.02% |
3-Bedroom | $1,316,950 | $3,132 | 2.85% |
Kowloon avg. Rental Yields | 3.51% | ||
HONG KONG ISLAND - Apartments | COST ($) | YIELD (p.a.) | |
TO BUY | MONTHLY RENT | ||
Hong Kong Island (all locations) | |||
Studio | $549,742 | $1,534 | 3.35% |
1-Bedroom | $677,589 | $2,173 | 3.85% |
2-Bedroom | $815,664 | $2,429 | 3.57% |
3-Bedroom | $1,403,760 | $4,193 | 3.58% |
4+Bedroom | $3,138,644 | $7,799 | 2.98% |
Hong Kong Island avg. Rental Yields | 3.47% | ||
OUTLYING ISLANDS - Apartments | COST ($) | YIELD (p.a.) | |
TO BUY | MONTHLY RENT | ||
Outlying Islands (all locations) | |||
1-Bedroom | $639,498 | $1,726 | 3.24% |
2-Bedroom | $754,607 | $2,046 | 3.25% |
3-Bedroom | $1,013,604 | $3,133 | 3.71% |
4+Bedroom | $1,886,519 | $5,052 | 3.21% |
Outlying Islands avg. Rental Yields | 3.35% | ||
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 |
Research Methodology: To conduct this research, we searched for studio, 1-bedroom, 2-bedroom, 3-bedroom, and 4-bedroom apartments in the largest areas of Hong Kong. We utilized the local property websites for both buying and renting prices to determine the average gross rental yields (Monthly Rent x 12 / Purchase Price).
For instance, if the monthly rent is $500 and the purchase price is $100,000, the calculation would be: $500 (Monthly Rent) x 12 / $100,000 (Purchase Price) = 6% (Gross Rental Yield).