Wednesday, 4 September 2013

WSJ: Think Manhattan Rents Are High? Try Hong Kong

In Manhattan, rents have risen over the past three years, and a one-bedroom now averages about $2,800; a two-bedroom is nearly $4,000 a month, according to Citi Habitats.
In Hong Kong’s most desirable neighborhoods, a one-bedroom, unfurnished apartment will cost, on average, 36,000 Hong Kong dollars (US$4,642) a month; a two-bedroom averages 59,000 Hong Kong dollars (US$7,608), according to data released in February from ECA International.
Source: WSJ

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