Real Estate in Central, Hong Kong

"Finding a place to live in Central involves several steps. First, you need to determine your budget. The cost of living in Hong Kong is high, and the rental prices in Central, being a prime location, are particularly steep. Next, decide on the type of accommodation you want. You can choose from serviced apartments, regular apartments, or shared flats. Serviced apartments are fully furnished and include services like cleaning and maintenance. Regular apartments are usually unfurnished and you'll be responsible for your own utilities and maintenance. Shared flats are a more affordable option where you share the apartment and the rent with others. Once you've decided on your budget and the type of accommodation, start your search. You can use online property portals like Squarefoot, 28Hse, and Spacious. These websites allow you to filter your search based on location, price, size, and type of property. Another option is to hire a real estate agent. They can help you find properties that match your criteria, arrange viewings, and negotiate the lease terms with the landlord. However, keep in mind that you'll have to pay a commission, usually equivalent to half a month's rent. When you find a property you like, inspect it thoroughly. Check for any signs of damage or issues that might need repair. Also, consider the property's proximity to public transportation, shops, restaurants, and other amenities. Once you're satisfied with the property, you'll need to negotiate the lease terms with the landlord. This includes the rent, the length of the lease, the deposit, and any other conditions. Make sure to read the lease agreement carefully before signing it. Finally, once the lease is signed, you'll need to pay the first month's rent and the deposit. The deposit is usually equivalent to two months' rent. After that, you can move into your new home in Central, Hong Kong," remarked one foreigner who made the move to Central.