<p>香港豪宅市场的租金因供应紧张而上涨，海外专业人士的回归加剧了争夺优质住房的竞争。复苏在传统高档地区如太平山和南区最为明显，今年的租赁活动急剧增加。根据美联物业的数据，第一季度的交易达到了 108 宗，其中超过 40% 的交易涉及月租超过 100,000 港元（12,760 美元）。在这一波租金上涨的中心是浅水湾。该地区因靠近国际学校、房屋面积较大和环境安静而长期受到外籍家庭的青睐，成为海外专业人士最为成熟的居住区之一。浅水湾的发展项目是该地区最大的房东之一，由香港上海大酒店运营，提供超过 400 个单位，通常面积在 2,000 到 3,000 平方英尺之间。“需求在 3 月份开始回升，现在是疫情以来最强劲的，” 该综合体的住宅租赁总监李女士表示。这一复苏迅速转化为竞标压力。“我们发布了九个单位，收到了大约 30 个报价，” 李女士说。“最终租金比我们的要价高出约 10%。” 这种竞争不仅反映了回归的需求，还反映了在几年的新租户群体吸纳后可用单位的短缺。在 2019 年之前，外籍人士是浅水湾的主要租户。疫情期间他们的离开导致了空置率上升，根据香港上海大酒店的年度报告，该发展项目的入住率在 2022 年降至约 78%。在此后的几年中，来自中国大陆的租户和本地家庭稳步签订租约，填补了大部分空缺。到 2025 年，入住率回升至约 95%，接近疫情前的 96% 水平。因此，即使海外专业人士开始回归，现在可用的单位也更少。“我们在 2022 年看到许多外籍人士带着行李离开，因为对香港的信心减弱且隔离限制仍在，但我们现在看到他们中的一些人回来了，” 李女士说。根据美联物业的数据，浅水湾约 40% 的租户来自欧洲、美国和澳大利亚，而来自中国大陆的租户约占 30%，本地居民约占 15%。教育顾问 Ruth Benny 表示，国际专业人士的重新流入是由企业扩张驱动的。“家庭来自包括美国、欧洲、澳大利亚和中东在内的多个地区迁移——我们自 2017 或 2018 年以来没有看到过这样的活动水平，” 她说。“这些人并不是同样的人回归，而是随着公司在香港扩大业务而引入的新群体。” 许多家庭在安排学校或住房之前就已找到工作，这往往导致最后时刻的搬迁，加剧了学校名额和租房的竞争。这种动态在香港国际学校附近尤为明显，租赁活动通常在录取确认后加速。根据代理商的说法，附近的 127 浅水湾道和 The Lily 等开发项目现在基本上已满租。价格对更紧张的市场条件反应迅速。根据 28Hse 的数据，浅水湾的平均月租在 2026 年第一季度上升至约 166,375 港元，比一年前的 129,821 港元上涨了 28.2%。“两年前，租户仍然可以谈判租金并获得免租期，” 专注于豪华房地产的代理商 Alan Li 表示。“今天，几乎没有谈判的余地。” 高档地区的急剧复苏与整体市场的温和增长形成对比。根据评估署的数据，面积约为 1,076 平方英尺或以上的大型单位的租金在两年前上涨了约 6.6%，作为豪华市场的一个指标。在整体市场中，住宅租金从 1 月份的 200.7 上涨至 2 月份的 200.8，比 2019 年 2 月疫情前的 191.9 高出约 4.6%，根据评估署的私人住宅租赁指数。这一增长得益于香港政府的人才引进计划下的中国大陆需求，以及在房地产低迷期间持续的租赁需求，当时更多家庭选择租房而非购房。展望未来，太平山和南区的租赁活动可能会保持活跃，位置优越的开发项目将继续吸引竞争性报价并支持租金水平，美联物业的首席区域销售总监 John Fong 表示。</p>

恒生指数

<p>香港豪华住房市场的租金因供应紧缩和海外专业人士的回归而上涨。最显著的反弹出现在如太平山顶和南区等高档地区，2026 年第一季度在浅水湾的交易达到了 108 宗，其中超过 40% 的租金超过了 100,000 港元。需求激增归因于企业扩张和新外籍家庭的迁入。浅水湾的平均月租金同比上涨了 28.2%，达到 166,375 港元，反映出对优质住宅的激烈竞争</p>

<p>Rents in Hong Kong’s luxury housing market are rising as supply tightens, with returning overseas professionals heating up the competition to secure prime homes. The rebound is most evident in traditional upscale districts such as The Peak and Southside, where leasing activity has picked up sharply this year. Transactions reached 108 in the first quarter, with more than 40 per cent involving monthly rents above HK$100,000 (US$12,760), according to Midland Realty. At the centre of the surge is Repulse Bay. The area has long been favoured by expatriate families for its proximity to international schools, larger flats and quieter coastal setting, making it one of the city’s most established enclaves for overseas professionals. The Repulse Bay development is one of the largest landlords in the area, operated by The Hongkong and Shanghai Hotels. It offers more than 400 units, typically ranging from 2,000 to 3,000 sq ft. “Demand began picking up in March and is now the strongest since the pandemic,” said Irene Lee, director of residential leasing at the complex. That rebound has quickly translated into bidding pressure. “We released nine units and received about 30 offers,” Lee said. “The final rents were about 10 per cent above our asking prices.” The competition reflects not just returning demand, but a shortage of available units after several years of absorption by new tenant groups. Before 2019, expatriates were the dominant renters in Repulse Bay. Their departure during the pandemic led to rising vacancies, with occupancy at the development falling to about 78 per cent in 2022, according to the Hongkong and Shanghai Hotels annual report. In the years since, mainland Chinese tenants and local families have been steadily taking up leases, filling much of that gap. Occupancy rebounded to about 95 per cent in 2025, close to pre-pandemic levels of 96 per cent. As a result, fewer units are now available even as overseas professionals begin to return. “We saw many expatriates leaving with their luggage in 2022, as confidence in Hong Kong weakened and quarantine restrictions were still in place, but we are now seeing some of them returning,” Lee said. About 40 per cent of renters in The Repulse Bay are from Europe, the US and Australia, while mainland Chinese tenants account for roughly 30 per cent and local residents about 15 per cent, according to Midland Realty. The renewed inflow of international professionals is being driven by corporate expansion, said Ruth Benny, an education consultant who advises relocating families. “Families are relocating from a wide range of regions, including the US, Europe, Australia and the Middle East – and we haven’t seen this level of activity since around 2017 or 2018,” she said. “These are not the same people coming back, but new groups being brought in as companies grow their presence in Hong Kong.” Many of these families secure jobs before arranging schooling or housing, often leading to last-minute moves that intensify competition for both school places and rental homes. This dynamic is particularly evident near the Hong Kong International School, where leasing activity typically accelerates after admissions are confirmed. Nearby developments such as 127 Repulse Bay Road and The Lily are now largely fully occupied, according to agents. Pricing has responded quickly to the tighter conditions. Average monthly rents for listings in Repulse Bay rose to about HK$166,375 in the first quarter of 2026, up 28.2 per cent from HK$129,821 a year earlier, according to data from 28Hse. “Two years ago, tenants could still negotiate rents and secure rent-free periods,” said Alan Li, an agent at luxury real estate-focused Habitat Property. “Today, there is little room for negotiation.” The sharper rebound in prime districts stands in contrast to more moderate gains across the broader market. Rents for larger units of about 1,076 sq ft or more – a proxy for the luxury segment – were up about 6.6 per cent from two years earlier, according to the Rating and Valuation Department. In the overall market, residential rents rose to 200.8 in February from 200.7 in January and were about 4.6 per cent above their pre-pandemic level of 191.9 in February 2019, according to the private domestic rental indices from the Rating and Valuation Department. The gains have been supported by mainland Chinese demand under the Hong Kong government’s talent-admission schemes, as well as sustained leasing demand during the property downturn, when more households opted to rent rather than buy. Looking ahead, leasing activity on The Peak and Southside was likely to stay active, with well-located developments continuing to attract competing bids and supporting rental levels, said John Fong, Midland’s chief district sales director.</p>
<div class="lb-trans"><p>香港豪宅市场的租金因供应紧张而上涨，海外专业人士的回归加剧了争夺优质住房的竞争。复苏在传统高档地区如太平山和南区最为明显，今年的租赁活动急剧增加。根据美联物业的数据，第一季度的交易达到了 108 宗，其中超过 40% 的交易涉及月租超过 100,000 港元（12,760 美元）。在这一波租金上涨的中心是浅水湾。该地区因靠近国际学校、房屋面积较大和环境安静而长期受到外籍家庭的青睐，成为海外专业人士最为成熟的居住区之一。浅水湾的发展项目是该地区最大的房东之一，由香港上海大酒店运营，提供超过 400 个单位，通常面积在 2,000 到 3,000 平方英尺之间。“需求在 3 月份开始回升，现在是疫情以来最强劲的，” 该综合体的住宅租赁总监李女士表示。这一复苏迅速转化为竞标压力。“我们发布了九个单位，收到了大约 30 个报价，” 李女士说。“最终租金比我们的要价高出约 10%。” 这种竞争不仅反映了回归的需求，还反映了在几年的新租户群体吸纳后可用单位的短缺。在 2019 年之前，外籍人士是浅水湾的主要租户。疫情期间他们的离开导致了空置率上升，根据香港上海大酒店的年度报告，该发展项目的入住率在 2022 年降至约 78%。在此后的几年中，来自中国大陆的租户和本地家庭稳步签订租约，填补了大部分空缺。到 2025 年，入住率回升至约 95%，接近疫情前的 96% 水平。因此，即使海外专业人士开始回归，现在可用的单位也更少。“我们在 2022 年看到许多外籍人士带着行李离开，因为对香港的信心减弱且隔离限制仍在，但我们现在看到他们中的一些人回来了，” 李女士说。根据美联物业的数据，浅水湾约 40% 的租户来自欧洲、美国和澳大利亚，而来自中国大陆的租户约占 30%，本地居民约占 15%。教育顾问 Ruth Benny 表示，国际专业人士的重新流入是由企业扩张驱动的。“家庭来自包括美国、欧洲、澳大利亚和中东在内的多个地区迁移——我们自 2017 或 2018 年以来没有看到过这样的活动水平，” 她说。“这些人并不是同样的人回归，而是随着公司在香港扩大业务而引入的新群体。” 许多家庭在安排学校或住房之前就已找到工作，这往往导致最后时刻的搬迁，加剧了学校名额和租房的竞争。这种动态在香港国际学校附近尤为明显，租赁活动通常在录取确认后加速。根据代理商的说法，附近的 127 浅水湾道和 The Lily 等开发项目现在基本上已满租。价格对更紧张的市场条件反应迅速。根据 28Hse 的数据，浅水湾的平均月租在 2026 年第一季度上升至约 166,375 港元，比一年前的 129,821 港元上涨了 28.2%。“两年前，租户仍然可以谈判租金并获得免租期，” 专注于豪华房地产的代理商 Alan Li 表示。“今天，几乎没有谈判的余地。” 高档地区的急剧复苏与整体市场的温和增长形成对比。根据评估署的数据，面积约为 1,076 平方英尺或以上的大型单位的租金在两年前上涨了约 6.6%，作为豪华市场的一个指标。在整体市场中，住宅租金从 1 月份的 200.7 上涨至 2 月份的 200.8，比 2019 年 2 月疫情前的 191.9 高出约 4.6%，根据评估署的私人住宅租赁指数。这一增长得益于香港政府的人才引进计划下的中国大陆需求，以及在房地产低迷期间持续的租赁需求，当时更多家庭选择租房而非购房。展望未来，太平山和南区的租赁活动可能会保持活跃，位置优越的开发项目将继续吸引竞争性报价并支持租金水平，美联物业的首席区域销售总监 John Fong 表示。</p>
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海外雇员的回流与供应紧张相遇，推动了香港豪华租金的上涨