Owing to a scarcity of land and strong demand, Hong Kong is considered one of the world’s most expensive cities to own property. However, this also means that Hong Kong is also one of the best places to invest in property. But how much is one residential property in Hong Kong? For a one-bedroom apartment in the city center, it can easily cost US$2 million.
If you’re rich, you can probably afford to buy and own a few residential properties in Hong Kong to collect stable rental income. But if you want to invest in commercial assets like office buildings, shopping malls or hotels, it would be a lot harder. Unless you’re a rich tycoon like Li Ka-shing or Lee Shau-kee, it’d probably be out of reach for the typical investor as one commercial building can easily cost a few hundred million to few billion Hong Kong dollars.