Hong Kong

PREMIUM office space in Hong Kong has topped the charts as the world's most expensive for the second consecutive year, outpacing prices in No 2 Midtown New York by 66 per cent, according to property consultancy JLL.

Offices at the top end of the Hong Kong market command an average of US$323 per square foot (psf) per year in occupancy costs, which include rent, service charges and government taxes, according to the report released on Wednesday.