As more expats flock to Hong Kong, luxury home rents poised for further upswing
The top source of foreign finance executives moving to Hong Kong is coming from Europe and the US, says relocation firm
The private residential rental index by the Rating and Valuation Department had surged by 18.5 per cent as of June to 205.8 from the Covid-19 pandemic trough in January 2023, which was 173.6, marking the first sustained breach of the 200 threshold.
“Hong Kong’s residential leasing market has entered a renewed expansion cycle in 2026,” JLL said in a statement.
Relocation firm Dwellworks Hong Kong also disclosed that Europe and the US were the top sources of finance executives flocking into the city.
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