Hong Kong occupier tax of 5% of estimated rental value.

  • Hong Kong occupier tax of 5% of estimated rental value.
  • Levied quarterly by the Rating and Valuation Department.

Property rates (HK)

Tax · APAC

Short definition

Hong Kong occupier tax of 5% of estimated rental value.

Full definition

Levied quarterly by the Rating and Valuation Department. Borne by the tenant in most Hong Kong Class A leases.

Why this matters for Class A leasing

Property rates (HK) is part of the tax vocabulary that institutional Class A occupiers, landlords, and advisers use across APAC markets. Understanding it correctly affects how you read lease documents, model occupancy economics, and benchmark deal terms across cities. Class A Atlas tracks the APAC definition alongside the global standard so cross-border occupiers can translate quickly.