How much is Serviced Apartment in Hong Kong?
Serviced apartments in Hong Kong typically cost from HKD 17,000 per to HK$300,000 per month depending on location, apartment size, building quality, and duration of lease...etc. Prices vary widely, so understanding what affects cost is essential to maximize your savings.
Average Serviced Apartment Price
Studio Serviced Apartments
Decentralized areas: HKD17,000–22,500+ per month e.g. Begonia Residence.
Central areas: HKD25,000–30,000+ per month e.g. One Chancery.
One-Bedroom Serviced Apartments
Non-central locations: HKD30,000–35,000+ per month
Prime locations: HKD35,000–45,000+ per month e.g. The Bauhina.
Two-Bedroom Serviced Apartments
Typically HKD45,000–65,000+ per month e.g. Little Tai Hang.
Premium buildings can be even more expensive, e.g. Four Seasons Place.
Three-Bedroom Serviced Apartments
Can be even above HK$200,000 per month, e.g. Pacific Place Apartments & Four Seasons Place with an exceptional option i.e. Jardine Summit in Tai Hang which is only around HK$4XK per month. Family can choose 2-bedroom apartments with twin beds in one of the rooms to reduce their overall cost.
These are broad ranges and actual pricing varies by multiple factors. Sometimes, special discount can also be achieved via a specific platform such as ResidenceHK. For further details, contact our specialist:
What Will Affect the Price of a Serviced Apartment?
Location
Apartments on Hong Kong Island and near major MTR stations generally cost more.
Duration of Lease
Longer stays usually mean:
Lower monthly rates.
Better negotiation flexibility.
Short stays tend to be more expensive.
Apartment Size & Layout
Larger layouts, separate bedrooms, or apartments with balconies can be more expensive.
Building Facilities
Buildings with gyms, lounges and swimming pool typically charge a premium.
What’s Included
Serviced apartments often include:
Utilities.
Internet.
Housekeeping.
This can offset the higher base rent compared to traditional apartments.
Is a Serviced Apartment More Expensive Than a Traditional Apartment?
On paper, yes. But in practice:
No furniture costs.
No utility setup.
Flexible lease term.
No commission.
For short- to medium-term stays, the total cost difference is often less than expected. It is not only about the cost, but with less effort and time for settling in.
Common Pricing Mistakes to Avoid
Comparing serviced apartments directly with traditional apartments
Ignoring the cost of utilities.
Underestimating setup costs for traditional apartments.
Without considering property management and maintenance cost.
Budgeting Tips
Decide your maximum monthly budget in advance.
Be flexible with location.
Consider slightly longer duration of lease for better value.
Clarify inclusions before confirming.
Summary
Serviced apartment prices in Hong Kong vary widely, but they offer predictable costs and convenience especially for short- and medium-term stays. Understanding what you’re paying for is more important than focusing on headline rent alone.
