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MOVING TO HONG KONG


#1  2011-11-21 10:36:30

Seb Bal
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From: venice
Registered: 2011-11-21
Posts: 4

MOVING TO HONG KONG

Hi there everyone,

I was offered a position in HK recently. I am an Architect with international experience and was offered a basic salary of 46000HK$ month. I have browsed here and there to find out whether this is a decent salary or not.  Could anyone help me finding out and give me their thoughts. Could this guarantee me a good living in the city?. I am single and 36 yo and my wish would be that of saving something..

Thanks Seb




 
 
 
 

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#2  2011-11-22 05:58:24

JWilliamson
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JWilliamson
From: Hong Kong
Registered: 2010-06-01
Posts: 514

Re: MOVING TO HONG KONG

Yes 46k per month is above average. many expats in banking are making 30K and others are getting by on 15k. All apartments will usually cost a lot and will be small, thats how it is in the city. A 500 sq ft apartment will run you between 9K to 25k,depending what you want with it like a club house with a gym or nothing at all far away from the public transport.




 
 
 

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#3  2011-11-22 09:22:10

Seb Bal
New member
From: venice
Registered: 2011-11-21
Posts: 4

Re: MOVING TO HONG KONG

Thanks J..which areas should I start looking at for a decent place to rent but not too expensive and close enough to the town centre. My office is located quite centrally in fact..




 
 
 
 

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#4  2011-11-23 02:13:33

JWilliamson
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JWilliamson
From: Hong Kong
Registered: 2010-06-01
Posts: 514

Re: MOVING TO HONG KONG

Anywhere on HK Island will be near by due to Hk fast public transport and the small size of the city. Soho is ideal right where the action is. Mid levels and Shan Wan are next to it as well. JW




 
 
 

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#5  2011-12-09 04:10:45

acgaur
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acgaur
From: New Delhi
Registered: 2011-08-01
Posts: 15

Re: MOVING TO HONG KONG

Seb,

I moved to HK couple of weeks back.
My observation is major of the money goes out to accomodation.

And accomodation a decent one would be around some HKD15k and utilities etc. probably 2k to 3k
Monthly expenses around 8k to 10k
Tax on salary is flat 15%

Do your maths before you take a call.

Cheers




 
 
 
 

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#6  2011-12-09 04:42:19

JWilliamson
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JWilliamson
From: Hong Kong
Registered: 2010-06-01
Posts: 514

Re: MOVING TO HONG KONG

acgaur wrote:

Seb,

I moved to HK couple of weeks back.
My observation is major of the money goes out to accomodation.

And accomodation a decent one would be around some HKD15k and utilities etc. probably 2k to 3k
Monthly expenses around 8k to 10k
Tax on salary is flat 15%

Do your maths before you take a call.

Cheers

I agree and the same size flat near soho will cost you around 25k due to the location.




 
 
 

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#7  2011-12-09 04:59:39

acgaur
Member
acgaur
From: New Delhi
Registered: 2011-08-01
Posts: 15

Re: MOVING TO HONG KONG

JWilliamson wrote:

acgaur wrote:

Seb,

I moved to HK couple of weeks back.
My observation is major of the money goes out to accomodation.

And accomodation a decent one would be around some HKD15k and utilities etc. probably 2k to 3k
Monthly expenses around 8k to 10k
Tax on salary is flat 15%

Do your maths before you take a call.

Cheers

I agree and the same size flat near soho will cost you around 25k due to the location.

Correct..HK is expensive to live but good to explore. Hey Will, few of my friends are coming down on New year eve, I am planning to take them to Macau..any suggestions ...smile




 
 
 
 

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#8  2011-12-09 05:04:11

JWilliamson
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JWilliamson
From: Hong Kong
Registered: 2010-06-01
Posts: 514

Re: MOVING TO HONG KONG

Veniatian hotel is nice.




 
 
 

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#9  2011-12-09 05:23:31

acgaur
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acgaur
From: New Delhi
Registered: 2011-08-01
Posts: 15

Re: MOVING TO HONG KONG

Its all sold out...




 
 
 
 

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#10  2011-12-09 05:25:48

JWilliamson
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JWilliamson
From: Hong Kong
Registered: 2010-06-01
Posts: 514

Re: MOVING TO HONG KONG

sucks been there and was nice.




 
 
 

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#11  2011-12-09 05:27:18

acgaur
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acgaur
From: New Delhi
Registered: 2011-08-01
Posts: 15

Re: MOVING TO HONG KONG

i got to know there are some package deals available from Sheung Wan...I might check it out tomorrow smile




 
 
 
 

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#12  2011-12-09 05:31:40

JWilliamson
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JWilliamson
From: Hong Kong
Registered: 2010-06-01
Posts: 514

Re: MOVING TO HONG KONG

Lantua Island is nice but will be cold this weekend




 
 
 

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#13  2011-12-09 05:35:31

acgaur
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acgaur
From: New Delhi
Registered: 2011-08-01
Posts: 15

Re: MOVING TO HONG KONG

hmm...the plan is to visit Macau for new year -->then in HK at Lan Kwai Fong etc. and ending at Shenzen,...




 
 
 
 

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#14  2011-12-09 05:36:22

JWilliamson
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JWilliamson
From: Hong Kong
Registered: 2010-06-01
Posts: 514

Re: MOVING TO HONG KONG

keep to the plan




 
 
 

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#15  2011-12-09 10:27:31

Seb Bal
New member
From: venice
Registered: 2011-11-21
Posts: 4

Re: MOVING TO HONG KONG

many thanks guys! I knew that the flats were pretty expensive actually. I have checked the areas you've suggested to me and they look pretty cool. To me it sounds like it won't be impossible anyway and the offer i was made is quite in line with the general market..basically I get that it will be enough for a good living..




 
 
 
 

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#16  2011-12-18 04:33:07

mauriceyeung
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From: Hong Kong
Registered: 2011-12-18
Posts: 2

Re: MOVING TO HONG KONG

I think Lamma Island is a suitable place for you!
You can ask me more abt Hong Kong coz i am too familiar with that!




 
 
 
 

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