What is the average cost of housing in Tsim Sha Tsui?

"The average cost of housing in Tsim Sha Tsui, is quite high compared to other areas due to its prime location and high demand. As of recent data, a typical apartment in this area can cost several million Hong Kong dollars, with luxury apartments and penthouses going for much more. The exact price can vary greatly depending on the size, condition, and exact location of the property. Renting is also a costly affair, with monthly rents for a decent-sized apartment often running into tens of thousands of Hong Kong dollars," remarked another expat who made the move to Tsim Sha Tsui, Hong Kong.