Why is the property fee in Hong Kong so expensive?

The main reason for the high property fees in Hong Kong is the imbalance between supply and demand.

Limited land resources and high population density in Hong Kong lead to a relatively scarce housing supply. At the same time, as an international financial center and commercial hub, Hong Kong has attracted a large number of commercial and financial institutions and increased the demand for office buildings and commercial land. This imbalance between supply and demand makes the property market in short supply and promotes the rise of property prices.