🏘️ HK Rental Market Intelligence

2026-07-13 23:15:58 HKT · 59,013 actual rental transactions recorded (Centaline 35,900 + Midland 23,113) · 10 live listing sources

Rentals Signed (Last 7d)

337
avg $33,673.0/mo

Rentals Signed (Last 30d)

1,827
avg $34,223.0/mo · $48.46/sqft

YoY Volume Change

+849
2026 H1 vs 2025 H1 (+9.8%)

YoY Avg Rent Change

$+772
2026 H1 vs 2025 H1 (+2.3%)

Avg $/sqft (30d)

$48.46
vs $47.11 in 2026 H1

Live Listings

13,594
Across 10 sources

💰 Actual Rental Transactions

Source: Centaline & Midland Land Registry records (133,645 total). Filtered to rentals ≥$20k/mo. Not deduplicated — each row is a separate registered transaction from the Land Registry. Data spans 2022-06 to present.

Monthly Rental Volume (24 months)

Avg Rent by Month

Hottest Districts (last 12mo, by deal count)

Source: Centaline + Midland transactions, last 12 months, ≥$20k/mo

Live Listings Price Distribution

Source: All 10 agency scrapers, current snapshot, ≥$20k/mo. Not deduplicated — each listing per agency counted separately.

Seasonality (avg monthly volume, 2024-2026)

Source: Centaline + Midland transactions, ≥$20k/mo. Shows the seasonal peak in Aug (~2,800 deals/mo).

Avg $/sqft by District

Source: Centaline + Midland transactions, last 12 months, ≥$20k/mo, net sqft > 0

🏆 Hottest Estates (last 12 months)

Source: Centaline + Midland transactions, last 12 months, ≥$20k/mo. Aggregated by estate name (all towers/phases combined). "Towers" column shows distinct building names within each estate.

EstateDistrictRentalsAvg Rent$/sqftTowers
Lohas ParkTseung Kwan O (Sai Kung District)892$25,666.0$35.5291
The SouthsideSouthern District541$37,130.0$56.3910
Cullinan WestSham Shui Po District488$28,979.0$59.9214
Taikoo ShingEastern District458$30,468.0$43.90119
The Pavilia FarmSha Tin District289$29,585.0$56.7627
South HorizonsSouthern District254$26,667.0$39.3764
Cullinan SkyKowloon City District243$28,957.0$63.5510
The WingsPo Lam / Tseung Kwan O Station235$31,310.0$44.4933
The AvenueWan Chai / Causeway Bay221$30,925.0$62.634
Ocean PrideTsuen Wan District220$28,045.0$45.1414
Festival CityShatin219$31,669.0$41.368
Grand PromenadeTaikoo / Sai Wan Ho207$30,745.0$50.7510
Mantin HeightsHo Man Tin201$31,546.0$47.9818
Grand CentralKwun Tong District194$27,353.0$43.324
Mei Foo Sun ChuenSham Shui Po District180$25,569.0$35.41119

📡 Live Listings (currently on market)

Source: All 10 agency scrapers. Shows distinct listings (deduplicated by listing_id) first published within the last 365 days. Estate names fixed for Ricacorp (which sends "TOWER 1" as estate name — extracted from building_name field).

EstateListingsAvg RentSources
None3,333$316,9365
LOHAS PARK260$26,0112
Lohas Park199$25,8401
CULLINAN WEST116$29,7182
THE SOUTHSIDE76$41,3302
Cullinan West57$27,1261
CULLINAN SKY54$33,6092
The Southside50$43,5401
METRO TOWN44$24,6482
THE LONG BEACH43$30,1842
Taikoo Shing37$31,9491
TAIKOO SHING37$31,9491
CARIBBEAN COAST37$24,5542
OCEAN SHORES37$25,6232
THE VISIONARY34$32,1352

📈 District Price Trends

Source: Centaline + Midland transactions, ≥$20k/mo. Compares avg rent in last 6 months vs the 6 months before that. Only districts with 50+ deals shown.

📈 Rising Districts

DistrictDealsPrev AvgNowChange
Central and Western District1,445$38,686.0$45,070.0📈 +16.5%
Ho Man Tin376$37,396.0$46,014.0📈 +23.0%
Tsim Sha Tsui90$36,940.0$45,673.0📈 +23.6%
Aberdeen / Wong Chuk Hang293$35,024.0$43,920.0📈 +25.4%
Kowloon Tong / Beacon Hill84$43,991.0$57,968.0📈 +31.8%

📉 Falling Districts

DistrictDealsPrev AvgNowChange
Tin Hau59$33,035.0$29,891.0📉 -9.5%
North Point / Fortress Hill119$40,478.0$36,071.0📉 -10.9%
Tuen Mun71$34,949.0$28,754.0📉 -17.7%
Quarry Bay65$30,105.0$24,371.0📉 -19.0%
Mid-Levels Central / Admiralty94$73,365.0$55,274.0📉 -24.7%

🏠 Building Spotlight

Source: Centaline + Midland transactions, last 12 months, ≥$20k/mo, net sqft > 0. Minimum 10 deals per building.

💵 Most Expensive Buildings (by avg rent)

EstateBuildingDistrictDealsAvg Rent$/sqft
Pano HarbourTower 8Kowloon City District11$79,045.0$58.73
The CullinanLuna SkyKowloon Station10$75,900.0$67.30
The MorganThe MorganCentral and Western District10$73,150.0$63.80
AlassioAlassioMid-Levels West26$73,115.0$71.62
The MasterpieceThe MasterpieceYau Tsim Mong District33$72,055.0$55.21
Residence Bel-AirTower 3Southern District11$67,682.0$51.64
ArezzoArezzoMid-Levels West15$67,663.0$63.87
Residence Bel-AirTower 5Southern District11$65,981.0$51.09
The BelchersTower 5Central and Western District10$64,380.0$58.00
Residence Bel-AirTower 6Southern District21$64,371.0$52.71

💴 Best Value Buildings (by $/sqft)

EstateBuildingDistrictDealsAvg Rent$/sqft
Valais33 Kwu Tung Road (House)Sheung Shui / Fanling13$53,169.0$26.46
Caribbean CoastTower 11Islands District10$23,500.0$26.70
Caribbean CoastTower 1Islands District10$23,290.0$26.80
Caribbean CoastTower 8Islands District15$24,440.0$27.73
Caribbean CoastTower 9Islands District11$22,736.0$28.00
Caribbean CoastTower 15Islands District14$23,321.0$28.21
Lohas ParkTower 9Tseung Kwan O (Sai Kung District)19$24,395.0$29.21
Lohas ParkTower 11Tseung Kwan O (Sai Kung District)10$23,900.0$29.40
The VisionaryTower 3Islands District11$29,209.0$29.82
The VisionaryTower 1Islands District14$32,107.0$29.86

📅 Year-over-Year (2025 H1 vs 2026 H1)

Source: Centaline + Midland transactions, Jan-Jun each year, ≥$20k/mo, net sqft > 0.

YoY Comparison

PeriodRentalsAvg Rent$/sqft
2025 H18,670$33,419.0$43.56
2026 H19,519$34,191.0$47.11

Seasonality (avg by month)

Source: Centaline + Midland transactions, 2024-2026, ≥$20k/mo.

MonthAvg VolumeAvg Rent
Jan1,339$33,719
Feb1,162$33,909
Mar1,508$33,592
Apr1,519$33,318
May1,605$33,479
Jun1,740$33,446
Jul1,729$33,318
Aug2,847$31,534
Sep1,854$32,762
Oct1,502$32,121
Nov1,465$33,082
Dec1,306$33,548

⚙️ System Status

Times shown in HKT (UTC+8). Status reflects the most recent scrape run for each agency.

AgencySlotWrittenStarted (HKT)Finished (HKT)Status
RICACORP2026-07-13-AM6,09507/13 11:2507/13 12:28ok
HABITAT2026-07-13-AM50607/13 09:2707/13 09:30ok
HKHOMES2026-07-13-PM1,04907/13 09:1607/13 09:18ok
NEST2026-07-13-PM21107/13 09:0807/13 09:16ok
OKAY2026-07-13-PM1,40107/13 09:0707/13 09:08ok
KNIGHTFRANK2026-07-13-PM23207/13 09:0607/13 09:07ok
HKP2026-07-13-PM3,68807/13 09:0507/13 09:06ok
HKHOMES2026-07-13-AM1,04807/13 02:4507/13 02:47ok
NEST2026-07-13-AM21107/13 02:3807/13 02:45ok
OKAY2026-07-13-AM1,40107/13 02:3807/13 02:38ok
KNIGHTFRANK2026-07-13-AM23207/13 02:3707/13 02:38ok
HKP2026-07-13-AM3,68807/13 02:3607/13 02:37ok
CENTALINE2026-07-13-PM4,53407/13 15:4807/13 15:48ok
MIDLAND2026-07-13-PM7,06407/13 15:4807/13 15:48ok
Generated by Hermes Agent · HK Rental Market Intelligence · 2026-07-13 23:15:58 HKT