Investing in property in Hong Kong: what to buy and what it costs
One-bedroom apartment in Yuen Long by a metro station
$460,000
A 30 m² apartment with a bedroom, a living room with a kitchen and windows on two sides in a residential tower with lifts, security and a shopping centre below in Yuen Long - a town in north-west Hong Kong near the Shenzhen border. The station is a 5-minute walk away, Kowloon 30-40 minutes by metro. The apartments are let to young families and staff of companies working on both sides of the border.
One-bedroom apartment in Sham Shui Po in Kowloon
$490,000
A 30 m² apartment with a bedroom, a living room with a kitchen and a window onto the street in a residential building with a lift and security in Sham Shui Po - an old Kowloon district with electronics and fabric markets, street food and new residential towers. The station is a 3-minute walk away, Mong Kok 5 minutes and Central 20 minutes by metro. The apartments are let all year round to young professionals and students.
One-bedroom apartment in Tuen Mun with a sea view
$540,000
A 35 m² apartment with a bedroom, a living room with a kitchen and windows onto the bay in a residential tower with lifts, security and a pool in Tuen Mun - a seaside town in the west of the New Territories. The metro station is a 5-minute walk away, the airport 15 minutes by car through the undersea tunnel, Kowloon 40 minutes by metro. The apartments are let to families and staff of the airport and logistics companies.
One-bedroom apartment in the Kwun Tong business district
$570,000
A 35 m² apartment with a bedroom, a living room with a kitchen and a large window in a residential tower with lifts and security in Kwun Tong - a former factory district in east Kowloon where factories have been rebuilt into office towers and shopping centres. The station is a 5-minute walk away, the offices 10 minutes. The apartments are let long-term to staff of companies in Hong Kong's second business centre.
Two-bedroom family apartment in Sha Tin
$640,000
A 45 m² apartment with two bedrooms, a living room with a kitchen and a view of the river and the hills in a residential tower with lifts, security and a residents' clubhouse in Sha Tin - a town on the Shing Mun River with the Chinese University of Hong Kong, a hospital and a racecourse. The station is a 5-minute walk away, Kowloon 15 minutes by train. The apartments are let to families of teachers, doctors and office staff.
One-bedroom apartment in North Point on Hong Kong Island
$700,000
A 38 m² apartment with a bedroom, a living room with a kitchen and a harbour view in a residential building with a lift and security in North Point - a district on the north shore of Hong Kong Island with a tram, markets and a waterfront promenade. The Quarry Bay office towers are 5 minutes away, Central 15 minutes by metro. Rents for small apartments on Hong Kong Island are the highest among the districts in the cards.
Two-bedroom apartment in the new district of Tseung Kwan O
$780,000
A 55 m² apartment with two bedrooms, a living room with a kitchen and a balcony in a residential tower with lifts, security, a pool and a shopping centre above the metro station in Tseung Kwan O - a new district to the east behind the Kowloon hills, with a waterfront promenade and schools. Quarry Bay on Hong Kong Island is 15 minutes by metro. The apartments are let to families of Hong Kong Island office staff.
Two-bedroom apartment in Hung Hom by the university
$860,000
A 50 m² apartment with two bedrooms, a living room with a kitchen and a harbour view in a residential tower with lifts, security and a residents' clubhouse in Hung Hom - a Kowloon district by the Hong Kong Polytechnic University and the cross-harbour tunnel. Tsim Sha Tsui is a 10-minute walk away, Hong Kong Island 10 minutes by train. The apartments are let to university staff, families and young professionals.
What property is bought for investment in Hong Kong
Above are the most interesting offers selected by our experts: small apartments by metro stations that are let all year round. A manager will find a property that fits your requirements.
Apartments for sale in Kowloon, on Hong Kong Island and in the New Territories by metro stations, prices by district, yield, taxes, the buying process and residence.
A foreigner buys an apartment in Hong Kong on the same terms as a resident: without permits, and since 28 February 2024 without any extra duties for non-local buyers. A square metre in a small apartment in Kowloon costs about $17,000, a 30 m² apartment in Yuen Long $460,000, a two-bedroom apartment in Hung Hom $860,000. A small apartment in Kowloon lets at about 4.3% a year before tax, there is no tax on gains when selling, and stamp duty on an apartment up to $510,000 (4 million Hong Kong dollars) is 100 Hong Kong dollars.
This page covers apartments in Kowloon - in Sham Shui Po, Kwun Tong and Hung Hom, on Hong Kong Island in North Point, and in the New Territories - in Yuen Long, Tuen Mun, Sha Tin and Tseung Kwan O by metro stations, where the entry price is lower. It also covers prices and rents by district, taxes, the buying process and residence. What is for sale today and the exact price will be confirmed by a manager.
The market in brief
Prices and rules as of 2026.
What an apartment in Hong Kong costs in 2026
Prices in Hong Kong are based on the saleable area of an apartment, and listings quote it in square feet: 1 m² is 10.76 square feet. A square metre is cheapest in the New Territories and costs more in Kowloon and on Hong Kong Island, where a square metre in 70-100 m² apartments costs 24-33% more than in small ones. Small apartments give the highest yield, which is why they are chosen for letting. Before the deposit the seller's title in the land registry, debts on the building and alterations are checked.
| District and size | Per m² | Monthly rent per m² |
|---|---|---|
| New Territories, under 40 m² | ~$16,000 | ~$45 |
| Kowloon, under 40 m² | ~$17,000 | ~$59 |
| Hong Kong Island, under 40 m² | ~$19,000 | ~$67 |
| New Territories, 40-70 m² | ~$15,000 | ~$37 |
| Kowloon, 40-70 m² | ~$18,000 | ~$50 |
| Hong Kong Island, 40-70 m² | ~$19,000 | ~$55 |
| New Territories, 70-100 m² | ~$16,000 | ~$37 |
| Kowloon, 70-100 m² | ~$22,000 | ~$54 |
| Hong Kong Island, 70-100 m² | ~$23,000 | ~$59 |
Prices and rents are averages for September 2025 - August 2026 from the Hong Kong government valuation office, per square metre of saleable area; dollars at the rate of October 23, 2026, rounded up.
What yield letting gives
The gross yield of long-term letting of an apartment under 40 m² in Kowloon is about 4.3% a year before tax and costs, 4.4% on Hong Kong Island and 3.5% in the New Territories; for 40-70 m² apartments it is 3.1-3.5%. Apartments are let for 2 years through an agent paid half a month's rent. Small apartments by metro stations let quickly: they are rented by young professionals, students and office staff.
| Tax | Rate |
|---|---|
| Rental income | 15% after the standard 20% allowance for repairs, that is 12% of the rent |
| Gain on sale | no capital gains tax; the special duty on quick resale was abolished on 28 February 2024 |
| Rates | 5% of the rateable value a year, higher for the most expensive homes; paid by the owner or the tenant under the lease |
| Government rent | 3% of the rateable value for most plots |
2026 data: the yield is based on average rents and prices per square metre over 12 months; a comparison of countries is in the rental yield table.
Rental income from an apartment in Hong Kong is taxed in Hong Kong even if the owner does not live there: the tax office sends a return every year, and the tax is calculated on the annual rent.
What costs to add to the property price
| Payment | Amount |
|---|---|
| Stamp duty | 100 Hong Kong dollars (~$13) for a price up to 4 million Hong Kong dollars ($510,000), above that on a scale from 1.5% to 4.25%, over 100 million Hong Kong dollars 6.5% |
| Agent's commission | about 1% of the price |
| Buyer's solicitor and registration | at the solicitor's rates and the land registry fees |
| Annual charges | rates of 5% and government rent of 3% of the rateable value |
2026 data. For an apartment in Sha Tin at 5.1 million Hong Kong dollars the stamp duty is 2.25%, that is $15,000. Hong Kong banks lend to non-residents on stricter terms and with a larger down payment, so the purchase is planned with own funds, and their origin is confirmed with documents. A manager calculates the total for a specific property.
In Hong Kong the deposit is paid only after the solicitor's check
Mistakes cost more than the stamp duty: a deposit under a provisional agreement without a solicitor's check, which stays with the seller if the deal falls through, an apartment with illegal alterations or debts on the building, an area in the listing that includes common parts of the building instead of the saleable area, duties and tax on rent left out of the budget. Murblz support removes these risks: we find an apartment for the budget and goal, check the seller's title and the building documents with a solicitor, calculate duties and yield and take the deal through to registration in the land registry.
The cost of support depends on the purchase budget and the goal - investment, a home for work in Hong Kong or part of the investment under the investor programme; a manager will calculate it in the chat.
Does buying give a residence permit
Buying a home in Hong Kong does not give a residence permit. The investor programme does: an investment from $3,900,000 (30 million Hong Kong dollars), of which housing counts for no more than $1,300,000 (10 million) and only if the property costs at least 30 million Hong Kong dollars. We plan such a purchase together with the application under the programme.
A foreigner becomes the owner without a visa and without travelling to Hong Kong: the agreements are signed by power of attorney, payment goes through the solicitor, and ownership is recorded in the land registry.
How we find a property
- Budget and goal: investment, a home for work or study in Hong Kong, part of the investment under the investor programme. The manager calculates duties and yield for your case.
- A selection of real properties: apartments with the seller's price, saleable area, management fees and a yield calculation.
- Checks before the deposit: the solicitor checks the seller's title in the land registry, mortgages and encumbrances, debts on the building and alterations.
- A remote deal: a provisional agreement with a deposit of 3-5% of the price, the formal agreement 1-2 weeks later with the deposit raised to 10%, completion and registration in 1-3 months.
The manager sends the selection to the chat, with sellers' prices on the date of the selection.
Options in other countries
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More on buying in this country:
- Property in Hong Kong for foreigners: rules, taxes and the deal
- How to buy an apartment in Hong Kong
- Hong Kong residence permit by investment
- Taxes in Hong Kong
- How to send money to Hong Kong
- Hong Kong: all programs
All countries and budgets compared - on the page Investment property abroad.
FAQ
How much does an apartment in Hong Kong cost in 2026?
Can foreigners buy property in Hong Kong?
Does buying property give a residence permit in Hong Kong?
What yield does letting an apartment in Hong Kong give?
What taxes and fees does a foreigner pay when buying a home in Hong Kong?
Is the sale of an apartment in Hong Kong taxed?
Which district of Hong Kong to buy an apartment in for investment?
Can you buy property in Hong Kong remotely?
Don’t want to figure this out alone?
We handle the whole process end to end: we shortlist properties for your goal, run legal checks and support the deal through to registration. Ask your question in the chat: the free consultation starts right here. Legal representation before authorities and courts is handled by Murblz specialists together with locally licensed partners.
The Murblz consultant replies straight away in the chat on this page. Describe your situation and we will work it out together.
Free consultationWhat happens next
- An expert reviews your situation and goal.
- We contact you the way you prefer and answer your questions.
- You get a work plan, honest timelines and a written quote.