Hong Kong’s expatriate population is growing JLL is boosting the city’s residential rental market, with luxury rents likely to rise about 5 percent this year and continue to rise in 2027, according to property consultancy JLL.
The Rating and Valuation Department’s private residential rental index rose 18.5 per cent as of June to 205.8 from the Covid-19 pandemic low in January 2023, which was 173.6, representing the first sustained breach of the 200 threshold.
“Hong Kong’s residential rental market has entered a renewed expansion cycle in 2026,” JLL said in a statement.
“The main driver is flow Expatriate professionals It is attracted by IPO (initial public offering) activity and the growth of its asset management business. This influx is rooted in the broader financial sector recovery.
Relocation company Dwellworks Hong Kong also revealed that Europe and the US were the main sources of financial executives flocking to the city.
last year, Hong Kong Stock Exchange The company led global IPO fundraising with HK$285.8 billion (US$36.46 billion) and continued the momentum in the first half of this year with proceeds of HK$210.2 billion, second only to NASDAQ.
