Real Estate in Wan Chai, Hong Kong
Last updated on Jul 01, 2023
Summary: Expats and retirees talk about real estate in Wan Chai, Hong Kong? How do you find a home in Wan Chai? Should you buy or rent? What is the cost of housing?
How do I find a place to live in Wan Chai?
We asked expats how they chose their neighborhood and found a place to live. They answered:
"Finding a place to live in Wan Chai involves several steps. First, you need to determine your budget. The cost of living in Hong Kong is high, and Wan Chai, being a popular and central district, can be particularly expensive. Next, you should decide what type of accommodation you're looking for. Wan Chai offers a range of options, from serviced apartments and high-rise condominiums to more traditional flats in older buildings. Once you have a clear idea of what you're looking for, you can start your search. There are several online property portals that list available rentals in Wan Chai, such as Squarefoot, 28Hse, and Spacious. These websites allow you to filter your search based on factors like price, size, and location. You can also consider hiring a real estate agent to help with your search. An agent can provide valuable local knowledge, negotiate with landlords on your behalf, and handle paperwork. However, keep in mind that you'll need to pay a commission for their services. When you find a place you're interested in, arrange a viewing. This will give you a chance to inspect the property, ask questions, and get a feel for the neighborhood. If you decide to proceed with a rental, you'll need to sign a lease and pay a deposit, typically equivalent to two months' rent. Make sure to read the lease carefully and understand all the terms before signing. Finally, once you've secured your new home, you'll need to arrange for utilities and internet service. Some landlords may include these in the rent, while others will require you to set them up yourself. Remember, finding a place to live in a new city can take time and patience, so start your search well in advance of your move," explained one person living in Wan Chai, Hong Kong.
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What is a typical expat home or apartment like in Wan Chai?
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About the Author
Joshua Wood, LPC joined Expat Exchange in 2000 and serves as one of its Co-Presidents. He is also one of the Founders of Digital Nomad Exchange. Prior to Expat Exchange, Joshua worked for NBC Cable (MSNBC and CNBC Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.
Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.