Which part of Hong Kong is expensive?

The most expensive areas are Central, Tsim Sha Tsui, and Causeway Bay, while better values can be found in Kowloon, Mong Kok, or North Point. Why is Hong Kong so expensive for accommodation?

What is the most expensive part of Hong Kong?

As depicted in the recent Nicole Kidman-led Prime Video series, Expats, Victoria Peak – or the Peak as it's known locally – epitomizes wealth and prestige in one of the world's most expensive, and densely populated, cities.

Where do rich people in HK live?

The Peak

Not only is it the most expensive neighborhood in Hong Kong, but it also heads the list in the world. Prices for the apartments here increase proportionally with the altitude. No wonder that the residents of The Peak are wealthy bankers, celebrities and billionaires from Mainland China.

Which area is best to stay in Hong Kong?

What is the fanciest part of Hong Kong?

Kowloon Tong

This upscale residential area features an array of luxurious houses, grand townhouses, and upscale apartments, making it a popular choice among high-profile individuals, including celebrities and business leaders.

Why is Hong Kong housing so expensive?

Which side of Hong Kong is better?

A question that we are often asked is 'Should I stay in Kowloon or on Hong Kong Island'? The simple answer is that it doesn't matter 'which side' you stay on as you can easily and cheaply travel between the two, at any time of day or night.

Where do celebrities live in HK?

Home to stars like Aaron Kwok and Joey Yung, Happy Valley is one of Hong Kong's most exclusive residential areas. Supposedly its English name is ironic, referring to the death toll from disease in the area back in the 19th century, which prompted the establishment of Hong Kong's first Christian cemetery.

What is the most beautiful area of Hong Kong?

How many days in Hong Kong is enough?

A couple of days may be enough to see most of the city center, but if you plan on making trips outside of the city, or you don't want to be rushed off your feet, we recommend you add a few more days onto your vacation. 4-5 days is the sweet spot, and will let you see everything you need.

Is there Uber in Hong Kong?

Is Uber available in Hong Kong? Yes. The Uber app gives you the power to request a ride to get around Hong Kong anytime, 24/7. Tip: Pickup times in Hong Kong may be longer than in larger cities, but you can instead reserve a ride in advance to get picked up at a time that works for you.

Where do most foreigners live in Hong Kong?

Accommodation in Hong Kong

Families favour the southern part of Hong Kong Island or Kowloon Peninsula where there's more space and good schools. Lantau Island is also popular among expats as it's quieter than the bustling city centre.

Where do extremely rich people live?

What is considered upper class in HK?

World-Class Wealths are the superior class in Hong Kong. They are successful middle-aged, Chinese and Western individuals or families in Hong Kong. They have small family size. They possess high educational qualifications, usually undergraduates or above.

What is the poorest part of Hong Kong?

Kwun Tong replaces Sham Shui Po as poorest district in Hong Kong again with median household income of HK$22,100.

Is HK more expensive than London?

London overtakes Hong Kong as world's most expensive city. London has overtaken Hong Kong as the world's most expensive city to live and work in, with a new study suggesting it is almost twice as pricey as Sydney, and four times more than Rio de Janeiro.

Where do billionaires live in Hong Kong?

Perched atop one of the world's most expensive residential markets, luxury homes on The Peak in Hong Kong are rare gems coveted by ultra-wealthy people from inside and outside the city. Luxury homes on the south side of Hong Kong Island share the same acclaim.

What is the cheapest area to live in Hong Kong?

How many Muslims live in HK?

Islam in Hong Kong

According to the 2016 census, Muslims make up 4.1% of Hong Kong's population. Out of 300,000 Muslims in Hong Kong, 150,000 are Indonesians, 50,000 are Chinese, 30,000 are Pakistanis, and people from other parts of the world make up the rest (HKSAR Government Home Affairs Bureau 2016).

Who is the richest man in Hong Kong?

Sir Ka-shing Li (Chinese: 李嘉誠; born 29 July 1928) is a Hong Kong billionaire business magnate, investor, and philanthropist.

When to avoid Hong Kong?

The worst time to visit Hong Kong encompasses three hazardous periods: typhoon season (May-November), generating winds exceeding 180 km/hour, Golden Week holidays (October 1-7) creating massive mainland tourist influxes, and summer months (June-August) combining extreme heat with dangerous air pollution levels.

Is Hong Kong or Tokyo safer?

Tokyo ranks as world's safest city, Hong Kong falls to 20th.

Which part of Hong Kong should I stay in?

The best areas to stay in Hong Kong on a budget are Tsim Sha Tsui, Kowloon, Mon Kok or the far side of Hong Kong island in Aberdeen, Repulse Bay, or Stanley. The quieter outlying islands offer cheaper accommodation and a peaceful, more traditional way of life.

Can I take Uber from Hong Kong airport?

Uber helps make it easy to get from HKG Airport to your final destination - including a transfer to your next leg, if that's what you need. Avoid waiting and request a ride right away in a few simple steps. Whether you're new to Hong Kong or a local, Uber has you covered.

Why are people in Hong Kong so rich?

A great seaport and commercial center, Hong Kong grew to prosperity on the entrepôt trade with China, its location convenient for transshipment of goods to and from the West.

What is the richest street in Hong Kong?

A report by Cushman & Wakefield in November placed Tsim Sha Tsui as the world's fourth most expensive shopping district in 2024, with annual rents at US$1,607 per square foot, behind Montenapoleone in Milan, Fifth Avenue in New York and New Bond Street in London's Mayfair.