Thanks JMBF ..that helps too. Will keep that in mind when I start to hunt apartment . I was under impression there is downword pressure on rent these days given upcoming slowdown in HK property .
Olympic is a popular area, its two stops from hk station and next to mongkok. Rent has gone down by around 10%. Still limited supply in the area. Its a great place to live, I will miss it when we move further out due to new baby.
not sure if the OPs are still even paying attention to this thread, but yeah, sometimes it smells pretty bad along the waterfront. but it's a waterfront, you'll get that smell at other waterfronts. reminds me of san francisco, even cape cod at low tide. so i'm not sure it's linked to hong kong's unique urban issues.
doesn't mean you have to like that smell, though. i don't.
overall, i do like that area. in laws live there so we know it well. i'd consider living there. biggest problem for us is that we find that when we spend a lot of time in TKT/Olympic, we also wind up spending a lot of time walking around some of the busier streets of Mong Kok (esp Argyle) and breathing in a lot of car exhaust.
I just negotiated 10% off my rent in West Kowloon last month. Prices definitely starting to soften, inline with the slight downturn in selling prices.
Thanks all.. That was helpful