Credit: Waterfront Suites
RENTING AND BUYING PROPERTY What to expect when you’re renting in Hong Kong
A
standard tenancy agreement is a twoyear lease with a break clause after one year. Two months’ termination notice is usually required. The lease can be in the name of the company you work for or a personal lease in your own name.
DO • Find a good estate agent and brief him/her fully on your needs, your priorities 30
and what you’re prepared to compromise on.
media sites (HK Moms/Asia Xpat/Bayside Villagers, to name a few).
• Give yourself time and go house hunting armed with an open mind. You might have to wade through a lot of average pads before you find the gem that ticks your boxes.
• Do your own research. Walk around the neighbourhood you’re considering at different times of day; work out travelling time to your office/to your kids’ schools.
• Ask friends and acquaintances for personal recommendations. There are also plenty of helpful social
• Ask if rent is inclusive or exclusive of management fees, government rent and property rates. Most rental
Hong Kong Living Guide 2020