Kowloon East (established, ~HK$42/sqft/mo · ≈ $64.5 PSF/yr USD) is one of 5 Hong Kong Class A submarkets we track.
Kowloon East (established, ~HK$42/sqft/mo · ≈ $64.5 PSF/yr USD) is one of 5 Hong Kong Class A submarkets we track.
**Central** (trophy, HK$130/sqft/mo · ≈ $200 PSF/yr USD) — The historic financial core of Asia. **Admiralty** (prime, HK$110/sqft/mo · ≈ $169 PSF/yr USD) — Government and professional services anchor. **Wanchai & Causeway Bay** (established, HK$78/sqft/mo · ≈ $120 PSF/yr USD) — Cost-conscious Grade A with strong commute. **West Kowloon** (prime, HK$95/sqft/mo · ≈ $146 PSF/yr USD) — ICC anchors the trophy across the harbor.
| city | Hong Kong |
|---|---|
| submarket | Kowloon East |
| tier | established |
| averageRentLocal | HK$42/sqft/mo · ≈ $64.5 PSF/yr USD |
| cityClassARentUsd | $123/sqft/yr |
| cityVacancyPct | 12.8% |
Reviewed by Kenji Watanabe — APAC contributing editor. Last updated 2026-04-15. See our methodology and editorial standards.