The single most important thing when moving to Hong Kong is to find a great living space to call home for a while. We want to help you find that as this was so important to those of us who’ve already made the big move. We have researched the city and its localities, talked to Hong Kong locals and foreigners, and come up with the following answers and facts about accommodation in Hong Kong.
Finding a Place to Live: Where to Look
We’ve picked out a select few areas that have stood out as great places to live in Hong Kong, both from our experiences and from feedback received. Obviously we took price into consideration as Hong Kong rivals the most costly cities in the world to live in. Even if you’re transferring from London Paris or New York you will find accommodation in Hong Kong costly for what you get. Other important factors were safety, character, location and entertainment.
As we have mentioned above, accommodation in Hong Kong dwarfs most places in the world in terms of price. For a compact one-bedroom flat in a relatively central area, you will pay around HK$15000. Head towards the more popular areas on Hong Kong Island (like Soho or Central) and accommodation goes up by 20-30% to HK$18000-HK$20000.
If you are looking to save money, head for Kowloon. Here you will find accommodation at a fraction of the cost and with far greater space. New Territories will also give you more space and facilities for your money. This is a popular choice with families. Fully serviced condominiums are plentiful here but the trade-off is the commute. Accommodation in Hong Kong is very well serviced transport-wise so you’re never that isolated.
Below is a list of some of the more popular areas to live in Hong Kong:
This is the throbbing heart of Hong Kong and ideal for socialites. There are few areas worldwide that the rival the pace of life in this quarter. You will pay for this though.
These areas are distinctly known for the mish-mash of cultural icons and towering skyscrapers, and the collision between Eastern culture and Western. Admirality/Wan Chai one/two tram stops from the ‘heart to things’. The average rent is substantially cheaper than Central/Lower Mid-levels and is around HK$20,000 per month for a one-bedroom flat.
Causeway Bay – is Hong Kong’s largest and most popular shopping district and is only 2 MTR stations away from Central. If you don’t find crowds overwhelming, then can consider living in Causeway Bay because as you can find some pretty boutique apartments for the same kind of rent you pay in Central/Mid-Levels. Average rent is currently priced around H$17,000 per month for a 550 square feet place.
With spectacular views over Hong Kong Island, great shopping and excellent value (compared to across the water) more and more people are choosing to live here.
New Territories & Outlying Islands
A popular place to live for families, the islands, especially New Territories, surrounding Hong Kong Island & Kowloon offer luxurious condominiums and open space that one would only dream of on HK island.