If you are on the lookout for temporary accommodation options in Hong Kong, then a serviced apartment provides an excellent solution. However, they are not always just a temporary fix and he property experts at Jones Lang La Salle explain that with many new arrivals to Hong Kong uncertain about their job and the length of their stay the ability to have flexibility is crucial. Factor in the convenience factor of moving in to a fully furnished home with utility services, broadband internet and various other facilities already included and serviced apartments are an ideal solution for many. You can just move in with your luggage in tow without being concerned about the hassle of furnishing an empty apartment.
What are the options? In the upper class category are residences such as The Lily and Four Seasons Place. This is the most expensive group of serviced apartments with monthly rentals ranging from HK$48,000 to over HK$400,000 for a penthouse unit.
If that’s not quite in your budget, then there are some excellent business class options. They are set in between the standard offerings and the luxury offerings in terms of price, but they are trendy and often have famous designers who fit out the interiors of the units. Examples of serviced apartments in this category are The Putman, and the Yin and Yi Serviced Apartments. They are conveniently located on the Hong Kong Island and Kowloon, and within close proximity of public transport and entertainment spots. Average rentals of boutique offerings range from HK$28,000 per month for a 400 square foot studio to HK$60,000 for a 600 – 800 square foot one bedroom apartment.
The final group is classed as economy class apartments. These are also situated in convenient locations and usually made up of studios and one bed apartments ranging from 300 sq. ft. to 500 sq. ft. and small one bed units. Rentals range from about HK$20,000 to HK$30,000 a month. Good options in this category include Treasure View, Sheung Wan and Residence De Causeway. Both of these are in good shopping areas, close to MTR stations and are the perfect base for exploring Hong Kong.
So whatever your budget or your plans for staying in Hong Kong, there is a wide selection of serviced apartments to suit your needs.