The 20 Most Expensive Places To Rent A Luxury Apartment
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Hong Kong remains the most expensive place in the world to rent a luxury apartment, according to new data from ECA International<span>, a global consulting firm that releases the figures for companies sending employees to work abroad.</span>
<span>An average unfurnished, high-end three-bedroom apartment in a popular part of Hong Kong costs an average of $11,440 per month. New York City ranked fourth on the list, with the average rent for a similar apartment costing $9,200 per month.</span>
<span>Rents for such apartments in Hong Kong have actually fallen slightly; in 2013 the average was <span>$11,549, and in 2012 it was</span><span> $11,813.</span></span>
<span>"With a high population density and a consistently limited supply of property, average rents in the territory have long been significantly more expensive than other high-profile cities," ECA International wrote in a release.</span>
<span><span>Rents rose the most year-over-year in Caracas, Dubai, Sao Paulo, Nairobi, and Jakarta, while they fell the most in Dakar, Barcelona, Gaborone, Madrid, and Ho Chi Minh City, respectively.</span></span>
<span><span>The table below shows the 20 most expensive places to rent a luxury apartment. (Source: ECA International's Accommodation Survey 2013/14 - unfurnished three-bed high-end apartment.)</span></span>
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