Property Prices in Hong Kong, Hong Kong

Index Info
Price to Income Ratio: 44.01
Mortgage as Percentage of Income: 276.62%
Loan Affordability Index: 0.36
Price to Rent Ratio - City Centre: 63.09
Price to Rent Ratio - Outside of Centre: 58.10
Gross Rental Yield (City Centre): 1.58%
Gross Rental Yield (Outside of Centre): 1.72%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 17,192.31 HK$ 13,000.00-25,000.00
Apartment (1 bedroom) Outside of Centre 12,712.77 HK$ 9,500.00-16,000.00
Apartment (3 bedrooms) in City Centre 34,591.11 HK$ 25,000.00-60,000.00
Apartment (3 bedrooms) Outside of Centre 23,402.17 HK$ 17,000.00-40,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 23,152.68 HK$ 17,999.85-29,999.75
Price per Square Feet to Buy Apartment Outside of Centre 15,124.11 HK$ 12,077.29-19,999.83
Salaries And Financing
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Average Monthly Net Salary (After Tax) 23,401.80 HK$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 2.37 1.80-3.00

These data are based on 515 entries in the past 12 months from 80 different contributors.
Last update: October 2022

Sources and References
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1 Comments so far
Junmei He on May 10, 2019:
I don't know how you calculated the ratio, but it is just not reasonable to use a standard living space area for every city in the calculation. As long as I know, the average living space in Hong Kong is 161 square feet per person, while that for a New Yorker is 531 feet. Generally, I would suggest you to use different standard for different cities.