Sorting out where to live may be one of the most exciting challenges of your move to Hong Kong. If you have your family with you, you’ll want to be close to schools and transport links. If you’re young and single, you may prefer a livelier neighborhood. These factors are important to consider when deciding where to live¹.
Buying Property
While it is possible to buy property in Hong Kong, government measures introduced in 2016—including a 15% stamp duty for non-residents—have made it more challenging for expatriates to purchase homes². Most expats buy apartments, as they are more readily available and easier to finance than houses. All land in Hong Kong is government-owned and leased for terms of 75, 99, or 999 years. Buyers typically need to work with an estate agent, and financing is limited to about 70% of the purchase price. Additional costs include stamp duty, estate agent’s fees (usually 1% of the sale price), and legal fees (about 0.1%)².
Stamp duty rates vary depending on residency status and property value, and the law is subject to change. Non-residents currently pay a higher rate, and it’s essential to verify the latest requirements before purchasing. Always use a reputable estate agent and legal adviser to ensure the validity of the sale and to avoid scams².
Renting
Renting is the most common choice for expatriates. Some employers provide temporary accommodation or cover rental costs as part of a relocation package. Hong Kong offers a wide range of neighborhoods, from the bustling Central and Wan Chai districts to quieter areas like Lantau Island and the New Territories. The city is home to over 1,200 skyscrapers, so high-rise living with impressive views is common¹.
Rental listings are widely available online, with prices and photos to help you compare options. According to recent reports, Hong Kong remains the most expensive city in Asia for high-end expatriate rentals, but with careful searching, you can find a home that fits your needs and budget¹.
Furnishing Your Home
Most rental apartments come furnished, but if you need to add or replace items, IKEA and custom furniture makers are popular options. Custom-made furniture is often designed to maximize limited space, and orders typically take about two months to complete².
- “Hong Kong Expats Guide: Working and Living in Hong Kong,” InterNations, https://www.internations.org/hong-kong-expats/guide/working, accessed January 9, 2026.
- “Tailor-Made: Buy Custom Suits in Hong Kong,” The Hollywood Reporter, https://www.hollywoodreporter.com/news/tailor-made-buy-custom-suits-875653, accessed January 9, 2026.
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