I'm looking for a 450 - 500 square foot, 1 bedroom flat between Sheung Wan and Causeway Bay. My requirements are that the building should have elevators, the flat is recently renovated (prefer western to Chinese style), and the shower is not right over the toilet! I see quite a few posts that tell me I should be expecting around 10k/mo for that size, but looking at rental ads on craigslist, hongkonghomes.com, or even the classifieds here, the prices are in the range of 12-14k!
I'm wondering if the premium is just inflated due to these westerner-targeted sites, or if there is substance to it. Also, does anyone know how much more one would have to pay for a furnished vs. unfurnished flat?