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Moving to Wan Chai, Hong Kong | Expat Exchange
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Moving to Wan Chai, Hong Kong

By Joshua Wood, LPC

Last updated on Oct 05, 2024

Summary: Moving to Wan Chai, Hong Kong: Expats, retirees and digital nomads talk about everything you need to know before moving to Wan Chai.

Cigna Global Health
Cigna Global Health
Cigna Global Health
Cigna Global Health

What do I need to know before moving to Wan Chai?

When we asked people what advice they would give someone preparing to move to Wan Chai, they said:

"Wan Chai is a bustling district in Hong Kong known for its mix of old and new, with traditional markets and modern skyscrapers. It's a popular area for expats due to its central location, vibrant nightlife, and diverse food scene. Before moving to Wan Chai, it's important to know that the cost of living is high, especially when it comes to housing. Apartments are typically small and can be quite expensive, so it's crucial to budget accordingly. The district is well-connected by public transportation, including the MTR (Mass Transit Railway), buses, and trams, making it easy to navigate the city. However, traffic can be heavy, especially during peak hours, so it's often faster to walk or take the MTR for short distances. Wan Chai is known for its nightlife, with a wide range of bars, clubs, and restaurants. However, it's also a business hub, so it can be busy and noisy at all hours. If you prefer a quieter living environment, you may want to consider living in a more residential part of the district. The district is also home to a number of markets, including the Wan Chai Market, where you can buy fresh produce, meat, and seafood. It's a great place to experience local culture and cuisine. While English is widely spoken in Hong Kong, knowing some basic Cantonese phrases can be helpful, especially when interacting with local vendors or navigating public transportation. Healthcare in Hong Kong is of a high standard, but it can be expensive. It's recommended to have comprehensive health insurance to cover any medical costs. Finally, Hong Kong has a subtropical climate, with hot, humid summers and mild, dry winters. It's also prone to typhoons, particularly between May and November, so it's important to be prepared for these weather conditions," remarked one expat in Wan Chai, Hong Kong.

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," said one expat in Wan Chai.

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What is a typical expat home or apartment like in Wan Chai?

"A typical expat home or apartment in Wan Chai, is usually a high-rise apartment due to the city's dense population and limited space. These apartments are often modern and well-equipped with amenities such as air conditioning, high-speed internet, and modern kitchen appliances. The living space might be smaller compared to Western standards, but it is efficiently designed to maximize space. The apartments often feature large windows, offering stunning views of the city's skyline or the harbor. They are usually furnished with a mix of Western and Asian decor, reflecting the city's East-meets-West culture. The bedrooms are typically compact with built-in storage to save space. The buildings often provide shared facilities like a gym, swimming pool, and sometimes even a playground for children. Security is usually high, with 24-hour security services and key card access to the building and elevators. The location in Wan Chai means that expats are in the heart of the city, with easy access to public transportation, restaurants, shopping centers, and nightlife. Despite the bustling city life, there are also pockets of tranquility with parks and temples nearby. In terms of cost, the rent can be quite high due to the prime location and the demand for housing in Hong Kong. However, many expats find the convenience and the vibrant city life to be worth the price," commented one expat who made the move to Wan Chai.

What is the average cost of housing in Wan Chai?

If you are thinking about moving to Wan Chai, cost of living in probably a key consideration. Expats commented about the cost of housing:

"The average cost of housing in Wan Chai, can vary greatly depending on the size and type of the property. However, it is generally considered to be one of the more expensive areas in the city. For instance, a small one-bedroom apartment can cost several million Hong Kong dollars, while larger, luxury apartments can cost tens of millions. It's also worth noting that prices can fluctuate based on market conditions and other factors. Therefore, potential buyers or renters are advised to do thorough research or consult with a real estate professional to get the most accurate and up-to-date information," explained one expat living in Wan Chai, Hong Kong.

Should I buy or rent a home in Wan Chai?

If you have not spent a lot of time in Wan Chai, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision:

"The decision to buy or rent a home in Wan Chai, largely depends on your personal circumstances, financial situation, and long-term plans. If you plan to stay in Hong Kong for a long time, buying a home could be a good investment. Owning a property in Wan Chai, a bustling and vibrant district, could provide you with a sense of stability and the potential for capital appreciation. However, the property market in Hong Kong is known for its high prices. Therefore, buying a home in Wan Chai could require a significant financial commitment and might not be feasible if you're not financially ready. It's also important to consider the additional costs associated with buying a home, such as maintenance costs, property taxes, and insurance. On the other hand, renting a home in Wan Chai could provide you with more flexibility. If you're not sure about your long-term plans or if you prefer not to commit to a large financial investment, renting could be a more suitable option. Renting allows you to live in the area and enjoy its amenities without the responsibilities of homeownership. However, the downside of renting is that you won't build equity in a property and the rent could increase over time. Additionally, the availability of rental properties in Wan Chai can fluctuate, which might affect the price and choice of homes. In conclusion, whether you should buy or rent a home in Wan Chai, Hong Kong, depends on various factors including your financial capability, long-term plans, and personal preferences. It's recommended to thoroughly research the property market in Wan Chai and consult with a real estate professional before making a decision," said one expat who made the move to Wan Chai.

What cultural faux pas should I try to avoid making in Wan Chai?

We asked people in Wan Chai if they could share any humorous cultural blunders they commited. For new expats, keep in mind that these incidents are an inevitable part of expat life. Learning to laugh about them is the key!:

"In Wan Chai, it is considered rude to point with your index finger, instead, use your whole hand to gesture. Avoid discussing politics, especially issues related to Hong Kong's relationship with China, as it can be a sensitive topic. It's also considered impolite to take photos of people without their permission, especially in crowded places like markets. When dining, never stick your chopsticks upright in a bowl of rice as it is associated with funerals. Also, don't tap on your bowl with chopsticks, it's seen as begging. If you're invited to someone's home, it's customary to bring a gift, but avoid giving clocks or pears as they are associated with death and separation respectively. In public transportation, always give up your seat to the elderly, pregnant women, or people with disabilities. It's also important to avoid loud conversations or phone calls in public places as it can be seen as disruptive. Lastly, remember to respect queues and wait your turn, as cutting in line is considered very disrespectful," remarked one expat who made the move to Wan Chai.

About the Author

Joshua Wood 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.

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SJB Global

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SJB GlobalSJB Global

SJB Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model.
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