Disheartened with rent prices

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  1. #21

    Join Date
    Apr 2004
    Location
    hong kong
    Posts
    3,487

    Dont be disheartened by the use of the words " Old Buildings ".
    There is a lot of renovation going on in older buildings now, in Western , due to property prices on the up after the proposal to route the MTR there.

    Hunting down a " new " apartment near to your work should be little problem at 8.5K if you don't look at the shinny glass towers . 2 beds at around 500sq ft in a walk up should match.


  2. #22

    Join Date
    Jul 2006
    Posts
    394
    Quote Originally Posted by Ponge
    My proposed salary will be ,000 a year plus an ,500 per month accomodation allowance. From what I've seen on this site this should allow me an 'okay' standard of living (I'm 22 quite a junior member of staff so I don't think I can ask for much more) with $8,500 being reasonable for a nicish apartment outside of HK island. But from looking on these websites there seems very, very little in the way of apartments for my budget.
    Has your work visa been approved? The salary seems quite low. You should really ask for a higher salary and housing allowance. HK$215000 is only GBP14000 per year. Is it really worth it for you to come all the way here for that salary? But if you want the experience of living in HK then that is up to you, but you really should ask for a higher salary.

  3. #23

    Join Date
    May 2008
    Posts
    13

    Thanks for the suggestions everyone, it's great to hear other suggestions for locations.

    I'll be in Hong Kong until probably the middle of August, and then returning probably early in September, so hopefully I won't be paying for a flat I'm not in for too long.

    Salary wise when you take the housing allowance into account I'm actually on $HK317,000 a year. Which calculates at around 21,000. After HK tax (calculated with my housing allowance) this calculates at around 20,000. My current UK salary is 23,000 but after UK tax this calculates to around 17,500. So it actually looks like a small raise, however I'm sure this will be eaten up by my rise in living costs.

    To be honest I'm not exactly in a position to demand more. I'm only out of university a year and not hugely experienced. I'm coming over more for the experience than any financial gains and I'm happy as long as I'm not in the poverty zone!


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