Hongkong remained as Asia’s most expensive rental city for expatriates

According to Asia expat rental list, Hong Kong remains as Asia’s most expensive rental city while Singapore falls down to eighth position this year from their previous position seventh, due to the slower economy. While Tokyo held the second spot, India’s Mumbai sat at the 5th position in the list. In many cities in China, the rents are rising and Shanghai has become Asia’s third most costly city.