Square Metre Prices in Hong Kong compared to Asia

The tax levied on the average annual income on a rental apartment/property in the country based on a gross rental income of $1500/month. We assume that the property is owned by nonresidents. These tax rates might be subject to deductions (e.g from interest payments, costs).

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Hong Kong $ 28,570
Japan $ 16,322
Singapore $ 14,373
China $ 11,829
India $ 10,932
Taiwan $ 10,373
Thailand $ 5,266
Philippines $ 3,952
Malaysia $ 3,441
Cambodia $ 2,913
Indonesia $ 2,595
Vietnam $ 2,280

Hong Kong has good quality housing statistics. The Ratings and Valuation Department releases monthly Hong Kong Property Review which has data on house prices, rent, yield, completion, forecast completion and sales transactions. Excellent economics data are available from the Hong Kong Census and Statistics Department.