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[MOVING SOON] - Salary/Living cost inquiry :)

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  1. #1

    Join Date
    Dec 2014
    Posts
    9

    [MOVING SOON] - Salary/Living cost inquiry :)

    Hello to you all,

    things are simple ==>

    Datas :

    • Single person
    • Less than 30
    • 720,000 HKD per year


    Question
    • Is that enough to enjoy the life in hong-kong?


    From what I've seen, yeah, it is but I'd like to have your opinion on that.
    =========================================
    [EDIT]
    Also, after looking around a bit, I can't decide for an area to live.
    DiscoveryBay, Happy Valley, Aberdeen [bit far away from workf. Which is here http://goo.gl/maps/xX1iz....so much of them and I can't decide.

    Would appreciate any feedback you guys have

    Cheers!

    Armahir
    Last edited by Armahir; 01-12-2014 at 11:20 PM.

  2. #2

    Join Date
    Mar 2007
    Posts
    397

    If you've already done your research, you probably already know the answer to your own question.


  3. #3

    Join Date
    Aug 2005
    Location
    Clear Water Bay (In Da Jungle)
    Posts
    9,933

    Single / Working in Wan Cha, Money will never be enough unless your a hermit

    Stay away from these bars: Neptunes 3 / HK Cafe / Escape / Insiders / Players.
    Never step foot in the CURTAIN bars. Bars that have curtains on the entrance, they will skin your credit card alive.

    if you can follow the above rules then you should be fine. Look at apartments in Wan Chai or Kennedy Town, dont bother with Discovery Bay or even Aberdeen.

    Trebor likes this.

  4. #4

    Join Date
    Jun 2004
    Location
    HK
    Posts
    14,462
    Datas :

    • Single person
    • Less than 30
    • 720,000 HKD per year



    Question

    • Is that enough to enjoy the life in hong-kong?


    Overall yes.

    If work is in Wan Chai, look for a place between the Kennedy Town - North Point axis. The further away (on this axis) from Wan Chai, the cheaper - but still within 30mn or so from work.

    Cheers!

  5. #5

    Join Date
    Nov 2007
    Posts
    2,103

    Depends on what you mean by 'enjoying life in HK'. If you expect to maintain a western lifestyle, have a modern and "spacious" centrally located apartment, eat and drink out regularly in western establishments, eat mainly imported food, have regular trips abroad and back home, have something left over for savings and tax etc etc then probably not.

    If you can moderate your lifestyle a bit, then yes it's plenty.

    Basically it depends on your expectations and current lifestyle now.

    Last edited by jmbf; 02-12-2014 at 04:47 PM.

  6. #6

    Join Date
    Dec 2014
    Posts
    9

    Hi again,

    and thanks for your answers.
    @mlclau : You should not have taken the time to just say "you don't need to ask". Doing some research does not mean that I don't need or value other people's point of view. Especially PoV from those who are actually living there.
    @wtbhotia : duly noted - At the same time, what's wrong with Discovery and Aberdeen? In the contrary, why Kennedy Town?
    @jmbf : I'm kinda simple actually. Most of my expenses will certainly be housing and trips in other countries from time to time. Currently living in Paris I'm not the type of person spending much in bars/restaurant. Also, I don't wish for western food and habits. Otherwise...what's the point of going in a different culture?

    ================================================== ==

    Cheers!

    Armahir


  7. #7

    Join Date
    Nov 2007
    Posts
    2,103

    From the sound of it, you should be fine. Keep your accommodation costs under control (advise not to spend more than approx 15K if you can), try to eat and live more locally and you should have plenty left over for trips and savings.

    Regarding locations, best to personally scout out a couple of different areas once you get here as they all have their pros and cons. What suits another person might not suit you.

    Last edited by jmbf; 02-12-2014 at 05:23 PM.

  8. #8

    Join Date
    Oct 2006
    Location
    Sarcasm - because beating the crap out of people is illegal
    Posts
    14,580

    When you finally visit Hong Kong and actually go to DB and Aberdeen, you'll have an idea.

    You might need to above the $15K pm.


  9. #9

    Join Date
    Dec 2014
    Posts
    9

    @jmbf : was planning for 20K rent. Your advise sounds fair and I'll see how it goes but it looks [from what I've seen over the web] that 15k is kinda low and, therefore, rare. Do you confirm?
    @Claire : that's not really helping ---- When you speak about 15K pm...you're talking about the rent right?


  10. #10

    Join Date
    Oct 2006
    Location
    Sarcasm - because beating the crap out of people is illegal
    Posts
    14,580

    Yes, the rent. $20K is more realistic. You can find cheaper places, but you'll have to make compromises.

    DB is sometimes classed as an expat ghetto (mostly by those of us who don't care for it). Lived there in the 80s when it was more of a holiday resort, which is was originally. Nice for a visit but no way would I live there. But then you might like to be surrounded by baby buggies and drunken expats at the weekend.


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