Hong Kong was ranked the world’s most expensive property market for 11 straight years. Photo: Roy Issa Hong Kong was ranked the world’s most expensive property market for 11 straight years. Photo: Roy Issa
Hong Kong was ranked the world’s most expensive property market for 11 straight years. Photo: Roy Issa

Rising rents, high moving costs hammer Hong Kong families stuck in subdivided flats

  • Hong Kong Council of Social Service survey finds one-third of respondents spend at least half of their salary on rent for subdivided flats
  • Moving resulted in a rent increase for more than half of one-person households but higher prices did not mean a better living environment

Topic |   Hong Kong housing
Hong Kong was ranked the world’s most expensive property market for 11 straight years. Photo: Roy Issa Hong Kong was ranked the world’s most expensive property market for 11 straight years. Photo: Roy Issa
Hong Kong was ranked the world’s most expensive property market for 11 straight years. Photo: Roy Issa
READ FULL ARTICLE