Gross rental yields in Hong Kong: Kowloon and 3 other areas
Average gross rental yields in Hong Kong stands at 3.88% (Q4, 2024).
- New Territories
- Kowloon
- Hong Kong Island
- Outlying islands
| Last Updated: Dec 02, 2024 | |||
| NEW TERRITORIES - Apartments | COST ($) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| ShaTin | |||
| 1-Bedroom | $533,536 | $1,671 | 3.76% |
| 2-Bedroom | $678,812 | $1,864 | 3.30% |
| 3-Bedroom | $1,054,216 | $2,828 | 3.22% |
| 4+Bedroom | $3,760,469 | $9,147 | 2.92% |
| Tai Wai | |||
| 1-Bedroom | $553,752 | $2,095 | 4.54% |
| 2-Bedroom | $674,955 | $2,333 | 4.15% |
| 3-Bedroom | $1,339,626 | $4,114 | 3.69% |
| 4+Bedroom | $2,159,859 | $4,692 | 2.61% |
| Fotan | |||
| 2-Bedroom | $938,510 | $2,828 | 3.62% |
| 3-Bedroom | $1,478,475 | $4,242 | 3.44% |
| Yuen Long | |||
| 1-Bedroom | $550,249 | $1,478 | 3.22% |
| 2-Bedroom | $640,243 | $1,864 | 3.49% |
| 3-Bedroom | $1,092,785 | $2,828 | 3.11% |
| 4+Bedroom | $1,522,186 | $4,230 | 3.33% |
| Tuen Mun Castle Peak Road | |||
| 1-Bedroom | $488,539 | $1,542 | 3.79% |
| 2-Bedroom | $601,675 | $1,864 | 3.72% |
| 3-Bedroom | $925,653 | $2,731 | 3.54% |
| 4+Bedroom | $1,221,348 | $4,474 | 4.40% |
| Tseung Kwan | |||
| 1-Bedroom | $617,102 | $2,132 | 4.15% |
| 2-Bedroom | $813,161 | $2,378 | 3.51% |
| 3-Bedroom | $1,144,211 | $3,278 | 3.44% |
| 4+Bedroom | $1,928,445 | $4,756 | 2.96% |
| Tai Po | |||
| 2-Bedroom | $667,885 | $1,838 | 3.30% |
| 3-Bedroom | $1,208,492 | $3,136 | 3.11% |
| 4+Bedroom | $2,828,386 | $5,528 | 2.35% |
| Ma On Shan | |||
| 2-Bedroom | $835,659 | $2,314 | 3.32% |
| 3-Bedroom | $1,118,498 | $3,600 | 3.86% |
| Tuen Mun | |||
| 1-Bedroom | $431,329 | $1,189 | 3.31% |
| 2-Bedroom | $501,395 | $1,645 | 3.94% |
| 3-Bedroom | $617,102 | $2,160 | 4.20% |
| New Territories (all locations) | |||
| Studio | $430,686 | $1,414 | 3.94% |
| 1-Bedroom | $552,821 | $1,736 | 3.77% |
| 2-Bedroom | $668,527 | $2,057 | 3.69% |
| 3-Bedroom | $1,092,785 | $3,060 | 3.36% |
| 4+Bedroom | $2,031,296 | $5,400 | 3.19% |
| New Territories avg. Rental Yields | 3.59% | ||
| KOWLOON - Apartments | COST ($) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| Hung Hom | |||
| Studio | $411,344 | $1,710 | 4.99% |
| 1-Bedroom | $665,864 | $2,057 | 3.71% |
| 2-Bedroom | $691,573 | $2,732 | 4.74% |
| 3-Bedroom | $1,091,991 | $3,940 | 4.33% |
| 4+Bedroom | $2,050,295 | $4,730 | 2.77% |
| Tai Kok Tsui | |||
| 1-Bedroom | $583,595 | $2,005 | 4.12% |
| 2-Bedroom | $640,155 | $2,108 | 3.95% |
| Olympic | |||
| 2-Bedroom | $1,002,652 | $2,827 | 3.38% |
| 3-Bedroom | $1,928,178 | $4,500 | 2.80% |
| Kowloon Station | |||
| 2-Bedroom | $2,313,813 | $4,627 | 2.40% |
| 3-Bedroom | $3,455,294 | $7,327 | 2.54% |
| 4+Bedroom | $5,398,898 | $12,211 | 2.71% |
| To Kwa Wan | |||
| 1-Bedroom | $599,020 | $2,056 | 4.12% |
| 2-Bedroom | $673,576 | $2,268 | 4.04% |
| 3-Bedroom | $1,019,363 | $3,149 | 3.71% |
| Ho Man Tin | |||
| 2-Bedroom | $1,028,361 | $3,213 | 3.75% |
| 3-Bedroom | $1,735,360 | $4,627 | 3.20% |
| 4+Bedroom | $3,959,192 | $9,640 | 2.92% |
| Sham Shui Po | |||
| Studio | $388,849 | $1,388 | 4.28% |
| 1-Bedroom | $575,882 | $1,902 | 3.96% |
| 2-Bedroom | $728,208 | $1,901 | 3.13% |
| Cheung Sha Wan | |||
| 1-Bedroom | $539,889 | $2,160 | 4.80% |
| 2-Bedroom | $794,409 | $2,475 | 3.74% |
| 3-Bedroom | $1,257,172 | $3,824 | 3.65% |
| Kowloon (all locations) | |||
| Studio | $434,482 | $1,703 | 4.70% |
| 1-Bedroom | $627,300 | $2,121 | 4.06% |
| 2-Bedroom | $829,116 | $2,700 | 3.91% |
| 3-Bedroom | $1,413,997 | $4,344 | 3.69% |
| 4+Bedroom | $3,007,957 | $7,828 | 3.12% |
| Kowloon avg. Rental Yields | 3.90% | ||
| HONG KONG ISLAND - Apartments | COST ($) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| Hong Kong Island (all locations) | |||
| Studio | $572,105 | $1,992 | 4.18% |
| 1-Bedroom | $768,807 | $2,443 | 3.81% |
| 2-Bedroom | $884,513 | $2,931 | 3.98% |
| 3-Bedroom | $1,388,480 | $4,500 | 3.89% |
| 4+Bedroom | $2,956,950 | $9,000 | 3.65% |
| Hong Kong Island avg. Rental Yields | 3.90% | ||
| OUTLYING ISLANDS - Apartments | COST ($) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| Outlying Islands (all locations) | |||
| 1-Bedroom | $591,390 | $1,992 | 4.04% |
| 2-Bedroom | $745,665 | $2,378 | 3.83% |
| 3-Bedroom | $923,082 | $3,471 | 4.51% |
| Outlying Islands avg. Rental Yields | 4.13% | ||
| 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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Hong Kong's Historic Rental Yield Data
Navigatable historical rental yield data.
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).