Expatriates relocating to Hong Kong are fueling demand in the city’s luxury residential market, with rents expected to climb 5% in 2026, according to JLL. Cathie Chung, senior research director at JLL Hong Kong, said in a Bloomberg TV interview that hedge funds, wealth management companies and investment banks are expanding in Hong Kong and bringing international talent into the city. This influx of expats is driving growth in the luxury home rental market.

JLL’s forecast reflects the ongoing recovery and appeal of Hong Kong as a global financial hub, particularly for high-net-worth professionals seeking premium housing.