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Hong Kong or Singapore: Which city is better for expats to live in?

Hong Kong had an edge due to expectations of the opening of China's economy

Hong Kong
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Residential rents in Hong Kong are higher than Singapore’s by a large margin Photo: istock

Eric Lam | Bloomberg
In the race to lure talent for global firms’ regional headquarters, Hong Kong and Singapore have long been neck-and-neck. While many companies make their managers locate in one or the other city — often depending on whether their duties focus more on Southeast Asia, or on China — others give top talent a choice.
 
Back before Hong Kong’s handover to Chinese rule in 1997, Hong Kong had an edge due to expectations of the opening of China’s economy, the city’s role as the entrepot on the border, and the banking industry poised to capitalise on it. Now, Singapore’s push

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