It is also very rare for young adults in HK to move out since housing is EXTREMELY expensive. and even if people can afford it, in my experience, they usually choose to live at home with their parents to save money
@@yuenlucia5454 good to hear you are doing well, at least could afford living on your own. but mate, the question is can you ever afford to buy a house in the future if you keep paying a significant portion for rent?
Having travelled and stayed in HK for 2 years,I too as a foreigner knows that this is not the standard HK apartment.The ones in the video are the more premium and expensive ones.I was expecting a more realistic standard HK apartments here tho 😂,not these rich apartments.
Their using apartments in the hk island area which are in the most expensive areas so definitely if you see a apartment in new territories you can see village house line bungalows for 10k a month for 2 bed rooms and 2 bath room and a decent hall in which I live so that’s kinda unfair for them to show apartments in the most expensive areas of hk unlike new territories
If Singapore was 100% Chinese and without any Malays & Indians, the country houses and living will be like Hong Kong. Thank God Singapore is a multiracial country with Malays and Indians.
Lived in HK for 7 years and property prices was one of the main reasons to leave. Great city and love the life there, but damn, rental and property prices are extortionate!
If Singapore was 100% Chinese and without any Malays & Indians, the country houses and living will be like Hong Kong. Thank God Singapore is a multiracial country with Malays and Indians.
I am from Hong Kong. most people in HK cannot afford a HKD$30k rent and the last 2 houses are considering big apartment in HK. (of course there's still people living in villa estate/ houses, which has more space.) The median wage in HK is ard HKD$16k /mth. If you are not living in public housing, it is very common that ard 50% or more of the salary goes to the rent. That's why many people at the late 20's~30's are still living with their parents. Even some new married couples remain living separately (with their own parents ) to save up to buy an apartment. For a better understanding of how ridiculous it is, a new 2 bedroom, 500sq ft apartment in the "good area" of the city can easily course around HKD$ 10,000,000,(appox 1.3m USD) a little bit farer in the country side still cost ard HKD$7,000,000. (appox 1m usd)
@@commonhead1844 he is talking about median not average. Median is more accurate in reflecting the real situation in a society than average as there is disparity between the rich and the poor. 60% of the people in hk is earning less the hkd30k per month.
@@evaywsiu True, I'm not trying to say that housing here isn't expensive, it is. Normal people struggle paying for a half decent apartment. The median income however, is still HKD$27K a month as of 2019
If you’re not earning at least 20k usd a month as a household of 4, you’re just not able to live comfortably by western standards here....and for most locals, it’s impossible to earn that kind of money.
@@commonhead1844 That is the median household income, and in many households, more than one person is working. The median income per person is around 17-18K per month. The average salary is nowhere near 30K.
This is rich people apartment, be more realistic... Average salary in HK is < HKD20,000/month. Most people in HK could not even afford what you are showing...
Still some people can afford them but as half of the population in Hong Kong living in public housing, it’s worth to include at least one from those housing
The locations of these apartments are in the richer/well-off neighbourhoods, especially Sai Ying Pun (it's a really nice neighbourhood that's popular with expats because its littered with cafes). So it's not surprising that the rent is more expensive. If you're looking at neighbourhoods in New Territories, the rent is slightly cheaper depending on the building/estate. Co-living spaces are now becoming a popular option among young adults because of the insane rent prices. Also, most young adults usually live with their parents to save on rent.
Haha I lived in Sai Ying Pun 10 years ago there were no cafes or bars and no escalator... I would double take if I saw another westerner and the rent was dirt cheap. How fast times change in this city.
@@letlho83 yes. in hk. u are rich if u staying in a 1000 sq feet apartment as a 1000 sq foot apartment will cost easily 3 million USD. the last apartment in the video will cost u over 2 million USD. the average size of an apartment in hk is around 350 sq feet. and the poor in hk stay in cage homes or 100 sq foot cubicle room..
Yeah. I’ve been living in HK for a little over a year coming from the US, and a $30,000 HKD apartment is definitely for those who earn a 6 figure USD salary.
I think these apartment tours offer a quite limited perspective on the variety of living spaces in Hong Kong. It only covered two neighbourhoods in Kowloon and Hong Kong Island. Sai Ying Poon is quite a premium area popular with expats and so is Olympic Station being near the West Kowloon Cultural District. It would've been interesting to see apartments that arent just 1 or 2 beds with a stunning view of Victoria Harbour. The truth is 99% of Hong Kong people living there will never see this view from their apartment in their lifetime and most people don't really care. It would've been nice to see some uniquely Hong Kong living spaces like studio apartments to see how people live in such small spaces, subdivided flats or even housing in more rural areas in the new territories. Not everyone lives in high rise buildings in Hong Kong! Though from the selection, it seems the three featured apartments had foreign educated people living in there given by the not so subtle hints of USC and UBC for example. Of course, they would have come from a more affluent background and speak better english for the audience to understand. But still, I would've preferred for them to include a wider selection of housing.
this is what a found in the Sydney video- they only showed a very small area of similar house types, someone also commented the same for Mumbai, unfortunately they seem to never show much diversity in location so I don't feel like it's giving me a real insight into these places. They should consult more local people to get a wider range of properties even if they still only show 3.
The issue is people letting you into their homes. They will have put it out there and these will have been the best that got back to them. Short of going to someones home that you think viewers might want to see and forcing your way in, you have to work with what you actually have to work with. They had 2 districs and one of them was 2 different sizes and prices, that is by every definition, a variety.
I'm also pretty sure that all of the people giving tours of their homes actually work for Buzzfeed in some capacity. It'd be cool to see how people who do something else for a living live
I live in Hong Kong and, in fact, grew up here. I actually thought the 3 flats were pretty representative of middle class living accommodation in Hong Kong. Yes, only 2 districts were featured, but the 2 in Sai Yin Pun were at different price points. And I appreciate the information about rent (including both HK$ and US$) and size and district. I've seen other videos of HK flats which were much more skewed towards expats and contained less information
True story. I'm from Hong Kong. I used to study in Los Angeles. One time I went in an apartment complex, a random local guy told me that I couldn't afford that place. I laughed.
Typical ignorant American. Probably voted for Biden. You should tell them you work at nail salon and do sucky sucky for 5 dollar to shut him up. No need for them to understand our income after tax is higher than him. It will only bring hate.
Shows how much $$$ rent is in HK, however unrealistic of what a 'local HK' person lives in. Most of these are on expats I suspect....definitely people who are rich.
I love this series!! Keep them coming Edit: also a big THANK YOU for not just showing influencers or people working at international buzzfeed locations for this series. Feels like a more genuine living experience when it’s every day people...although from what I’ve heard of the housing crisis in Hong Kong I’m sure these people would be considered well off in HK
Those apartments are so small that I would hardly be able to breath without having anxiety, too claustrophobic. Hong Kong is way too expensive and crowded, nice views though.
@Z s2021 2A Ko Tin Nam Jasmine 2A14 impossible. Did you even buy an apartment in hk? An apartment of the size shown in the video costs at least 4,000,000hkd, depending on the location. It’s nearly impossible to find one below 3,000,000hkd unless it is less than 300sqf. Mine is 526sqf I bought 2 yrs ago and costed me 6,800,000 hkd. It’s not even in the center.
Not just the apartments! The furniture tends to be smaller too (in order to fit in the tiny apartments). I live in HK, and whenever I get home after spending time overseas, I feel like I am walking into a kind of doll house.
If Ure a banker or engineer with 5-10 years experience, that would be approx 30-40% of ur salary. Bear in mind taxes are extremely low in hk. Although living condition / space is a complete different story.
30% seems fairly good estimate if you live alone, it would be cheaper per person if share larger flats (10-20%). However, top tax bracket is only 17% in HK.
That, and probably walking distance to theatre, clubs, restaurants, etc. (Pre protest/pandemic anyway!). I think HK, NY, Paris and London are pretty similar in terms of the reasons for the costs vs the actual worth of just the apartment.
The price is pretty average, actually. It's not like they're paying extra -- that's a normal price for a decent (not decrepit, dangerous, or subdivided apartment). Even if they had a crappy view, that's a normal price.
my HK flat is 1 million USD and I have the shittiest view - the podium of my estate. Although honestly I bet the last house in the video is more expensive than mine
@@tellercamille8080 a similar apartment in the same location and same area cost 18 million hkd. around 2.3 million USD. and that apartment does not have nice view like the one in the video. www.squarefoot.com.hk/en/property/olympic-station/park-avenue-phase-1-tower-9/101332301/
I just wonder what is the point to live in such a small place and overpay when you can easily move to more affordable and friendly environment wiith much less pollution and more political freedom
@@eugenic12 people can’t just move to another country because they want to, there are many practical reasons why such as education, ability to find job and the expanses it will take to move
I'm always so amazed at Yvette varying apartment sizes and prices. I pay under $400 for a renovated attic in a midwestern US home. In my area, you can usually find 1-bedrooms that range from $500-$2000(for extremely nice.) You can also find 3-bedroom homes from $900-$3000+. It amazes me to how money stretches or doesn't around the globe.
I live in a really cheap area in England, a city called Bradford, my 2 bed, 2 bath is £370, the biggest homes in our area are like 10 bedroom 5 bath homes for £6000 a month. I can afford to live alone in a 2 bed and cover all my bills alone and also have a lot of spare money. It baffles me how people even live in London let alone some of these super expensive homes. I would be way too cheap to live in any of these places, because the cheap places, would not do for me because they are tiny.
Agree with most of the comments here. I lived in HK for 9 years, and 30k a month for rent are for people who makes at least 60k/month in their jobs, which is not the standard local wage. There are more neighbourhoods out there than Sai Ying Pun. You could have showed #2 as a luxury, but you can definitely go up to New Territories, or even way out east to see a difference in price/size.
The last video of the apartment brings me back memories since I used to live there around 18 years ago. Back then the rent was around 10k HKD/ month. Exactly the same 800sq. feet apartment I lived in. Time sure flies so fast.
2000 a month with a view like that seems reasonable for a 2 bedroom apartment until you realize the starting salary in HK is usually $1000 to $1400 for an average graduate with 7 vacation days a year.
@@wingyanwong3473 not sure which college you come from but an average graduate from an average college may only get a simple administrative job with HKD 10k pay. That’s $1300. But I’ve heard 8000 hkd as well from my friend who could not find an admin job and was working at a bed and breakfast place as customer relations.
@@wingyanwong3473 I agree with you. I am a fresh graduate with an arts major which means my friends are at the bottom of the food chain with no professional skills. I think the bottom line is $13K which is quite common and that’s $1600 USD. No college grad would do a job with a salary of $HK9000 (1150 USD). That’s a wrong decision and I am quite sure most graduates will not make that decision. It is, however, very common to get USD 1600 at the starting point which is not very good either
@@jatinrustagi9763 Depends on job nature and firm. If you work for finance in an ibank that’s 35K+ at least. But common jobs are about 16-18k at the beginning.
I live in Hong Kong, specifically in Tung Chung, for the price of $30k a month, you could probably rent out the whole 3 floors of a village house, including the rooftop! Apartments here usually costs around 15k ~ 22k, there are some villas around as well. Lantau has lots of cheaper than these apartments in the video and with bigger space as well. I clicked this video hoping someone from Lantau, islands or new territory would be featured here. 😅
Hi, I’m looking for an apartment with 1 BR located near airport. Since you mentioned Tung Chung, do you have any recommendations for 1 BR apartment for affordable price?
People told me living in UK, especially London is expensive when I travel back to HK occasionally. I laughed and ask “Where do you think you’re living in?”. Hong Kong is literally the most expensive city in the world. Even tho I’m on a relatively high budget comparing to the avg in UK, it’s still much less than what I paid when I was living in HK.
Holy! I lived in HK, four girls in my appt.. our rooms were 6x6, with bunk beds, so two girls to a room, I couldnt lay out straight on my bunk bed! Our bathroom was all one.. shower toilet and sink meaning whole room is tiled to get wet. The kitchen could fit one person. It was L shape=lil counter space like 1.5 fr wide, a mini sink a foot wide cube square.. and a mini fridge that came up to my chest... some cupboards up top. Our living room and dining area were the same thing lol
Untidy if full of things! Under the bed must be clean & not lot of things hidden, Everywhere are things in every corner looks like messy for me.We have more places and rooms and cabinets here in Germany to put our things & look neat & tidy.
The spaces are quite small but you can make a place homely by downsizing and making use of little nooks and and crannies; Your views are amazing with the rooftops consisting of Palm trees.
hong kong is the most expensive housing market in the world by far from a square footage perspective. DC (or even SF or Manhatten) is rural Missouri price-wise compared to Hong Kong.
@@browchump8764 In the UK, yes - for example, a 3 bed house can go for as little as £1,000 in many areas. However, in London, that's at least £4,000 in any decent area.
I grew up in the New York metro area, and these apartments are nothing like the ones in Manhattan. There aren't any hallways, just one central room with other rooms surrounding it. So different.
Thanks for this. I lived in HK for 9+ years up to 2010, but in DB/ Discovery Bay, and paid usually around $9,000 HK per month for a 1-2 bedroom flat, except during SARS, when I got a 3-bedroom flat for $6,000. But, living on Lantau Island, you had to factor in the ferry or bus/ train rides each way to work, plus the time & inconvenience factor (miss the last ferry/ train/ bus, and you're stuck until 5-6 a.m. when they start running again. Still, the natural beauty & quieter pace of DB was a respite from the city craziness. BTW, loved the UBC Thnderbirds sweatshirt the guy (Hok?) showed in his drawer - my Alma Mater, too. Nice reminder. Cheers, & thanks for showing us your flats.
@@browchump8764 As a former teacher, no. Living expenses took a HUGE amount of my monthly income, often up to half. For other professions, yes, especially if they are hired by foreign companies. Folks actually used to get "hardship" pay living in HK, when they were transferred there. BTW, that is HK dollars - NOT US or Cdn $. Divide by 5 or 6 to get Cdn$. I don't know what the US$ conversions were. When I lived there, HK was THE most expensive city in the world, in which to live. You could certainly get cheaper flats, but they would be much farther away, often on smaller islands.
Owh, seriously you should make one about apartments in Kuala Lumpur, Malaysia. I guaranteed you with the price that you are paying you’ll be blown away of the quality.
@@tinggu1506 what are you saying? The food here is incredibly cheap compared to other cities, there's no additional taxes and stuff, and the food is nice
I also want to mention Hong Kong has high humidity almost all year around, you have to keep your AC running for almost 8-9 months otherwise you have to deal with mold/ smell in your place
They live like 5 mins from the business district so it's really expensive. I live a 20-min bus drive away so I have a two-toilet, three-bedroom apartment and a big living room for just 1 million USD. Normally 1 million USD can just buy a one-bedroom, one-toilet apartment near the business district
I’m curious to know where these people are economically. I suspect this series reflects middle income to higher income homes and are not the norm for many cities. Maybe sharing their jobs would give us a sense of whether these home are average or not.
Hong Kong water is some of the cleanest in the world! Many people here live outside of the main part of the city, but then you may find yourself spending more on transport!
You should do Belfast Northern Ireland and show apartments in both West and East. I live in West Belfast right beside a peace wall. I think people would be interested in the political history and house that affects apartment prices in each area.
ok but the view!! in the last bedroom.... isn't super super super cool??? or perhaps is it just my small town girl self??? i want something like that :(
After seeing these prices I understand better how my friend sold his for over 4 million. He had a High rise with pool and gym with at least 3 bedrooms as he had a live in housekeeper. He sold it to move and send his kids to a ivy league high school in the states and bought a house on Chesapeake Bay.
Based on the fact that one girl had a USC shirt and the guy showed off a UBC shirt, these are people who can afford to go to school in North America. I would have been more interested in seeing where HK born and bred live and not just in the touristy/westernized spots. How about Tai Po, Shatin, or even Yuen Long?
Unfortunately, Hong Kong has a terrible paradox of "too rich for public housing" and "too poor for private housing." The average incomes are good by world standards (the median income is roughly the same as that of Las Vegas, funny fact that I learned today), but housing supply for these "average" people is nonexistent.
@@canto_v12 You have no clue how much we earn in HK. Go look up income taxes, capital gains tax and dividends and you'll get a better idea how much disposable income HKers have
You would just see equivalent places at lower price point. Or you would get bigger places for similar prices. Some of those areas would have new development/newer buildings (those neighborhoods in the video were pretty developed and saturated decades ago). The only thing unique to those in the video is the harbor view.
Just so folks know, the places depicted in this video is NO WAY representation of average Hong Kong people. These people are spending more than the median salary on rent. These are definitely not the typical apartments you will find people in HK living in.
It is also very rare for young adults in HK to move out since housing is EXTREMELY expensive. and even if people can afford it, in my experience, they usually choose to live at home with their parents to save money
@李艾詩 me too
not me. I moved out since graduated from Uni. paid the market price rent drive me work harder and promo faster in work place
@@yuenlucia5454 good to hear you are doing well, at least could afford living on your own. but mate, the question is can you ever afford to buy a house in the future if you keep paying a significant portion for rent?
Nearly 50% of the HK population live in public housing,which is very cheap.
@@bresoccercards6461 but the average time to wait for it is 4-7 years
Having travelled and stayed in HK for 2 years,I too as a foreigner knows that this is not the standard HK apartment.The ones in the video are the more premium and expensive ones.I was expecting a more realistic standard HK apartments here tho 😂,not these rich apartments.
Their using apartments in the hk island area which are in the most expensive areas so definitely if you see a apartment in new territories you can see village house line bungalows for 10k a month for 2 bed rooms and 2 bath room and a decent hall in which I live so that’s kinda unfair for them to show apartments in the most expensive areas of hk unlike new territories
They are doing it by price range to order to compare with other parts of the world more easily though.
I totally agree with you! I used to live in HK and my place was quite affordable!
So true
If Singapore was 100% Chinese and without any Malays & Indians, the country houses and living will be like Hong Kong. Thank God Singapore is a multiracial country with Malays and Indians.
I live in hk we spend over 55% of our salary just on rent for our tiny box home. the rest goes on imported food...
Singapore my income is 30% mortgage and bills, 20% food, 50% savings and investments.
Agree with this. The worst thing about HK housing is just the condition. Mold and weird smells...
@@bsolutions525 You forget about 20% CPF contribution. If you dont have a house, that would take up 50% of your savings.
@@captainbear3110 I run my own business, so 8% medisave
Lived in HK for 7 years and property prices was one of the main reasons to leave. Great city and love the life there, but damn, rental and property prices are extortionate!
please make more videos about " what apartments look like around the world " cause i loved it
Yes please put more videos to show how idiotic the prices are and how 99% of people live in horrible conditions.
Hi ladita
This is not a realistic reflection of where most people live in hk
If Singapore was 100% Chinese and without any Malays & Indians, the country houses and living will be like Hong Kong. Thank God Singapore is a multiracial country with Malays and Indians.
They should def do paris
I am from Hong Kong.
most people in HK cannot afford a HKD$30k rent and the last 2 houses are considering big apartment in HK.
(of course there's still people living in villa estate/ houses, which has more space.)
The median wage in HK is ard HKD$16k /mth. If you are not living in public housing, it is very common that ard 50% or more of the salary goes to the rent.
That's why many people at the late 20's~30's are still living with their parents.
Even some new married couples remain living separately (with their own parents ) to save up to buy an apartment.
For a better understanding of how ridiculous it is, a new 2 bedroom, 500sq ft apartment in the "good area" of the city can easily course around HKD$ 10,000,000,(appox 1.3m USD) a little bit farer in the country side still cost ard HKD$7,000,000. (appox 1m usd)
The average salary in Hong Kong is over $30K a month
@@commonhead1844 he is talking about median not average. Median is more accurate in reflecting the real situation in a society than average as there is disparity between the rich and the poor. 60% of the people in hk is earning less the hkd30k per month.
@@evaywsiu True, I'm not trying to say that housing here isn't expensive, it is. Normal people struggle paying for a half decent apartment. The median income however, is still HKD$27K a month as of 2019
If you’re not earning at least 20k usd a month as a household of 4, you’re just not able to live comfortably by western standards here....and for most locals, it’s impossible to earn that kind of money.
@@commonhead1844 That is the median household income, and in many households, more than one person is working. The median income per person is around 17-18K per month. The average salary is nowhere near 30K.
This is rich people apartment, be more realistic...
Average salary in HK is < HKD20,000/month. Most people in HK could not even afford what you are showing...
Vickys apartment is like 40,000hkd? Wtf?
Sara n Pipin are more common in HK while the others r middle class ppls apartment
Very true
hi alex, for a typical gov officer / teacher / police / fireman , 10yr+ exp, 50k at least
Still some people can afford them but as half of the population in Hong Kong living in public housing, it’s worth to include at least one from those housing
The locations of these apartments are in the richer/well-off neighbourhoods, especially Sai Ying Pun (it's a really nice neighbourhood that's popular with expats because its littered with cafes). So it's not surprising that the rent is more expensive. If you're looking at neighbourhoods in New Territories, the rent is slightly cheaper depending on the building/estate. Co-living spaces are now becoming a popular option among young adults because of the insane rent prices. Also, most young adults usually live with their parents to save on rent.
the air quality is also SO much better in NT
@@tom_nook True...I live in the NT and I don't like to go to HK Island cuz 1. It's filled with ppl and 2. I sneeze A LOT when I'm there...
Haha I lived in Sai Ying Pun 10 years ago there were no cafes or bars and no escalator... I would double take if I saw another westerner and the rent was dirt cheap. How fast times change in this city.
Those people are rich ...
most people cannot afford 30000 hkd apartment tho
Even the rich have to live in such small spaces?
@@letlho83 yes they are upper class in HK. the last boy studied in UBC, paying international fees. but they also live near the business district
@@letlho83 yes. in hk. u are rich if u staying in a 1000 sq feet apartment as a 1000 sq foot apartment will cost easily 3 million USD. the last apartment in the video will cost u over 2 million USD. the average size of an apartment in hk is around 350 sq feet. and the poor in hk stay in cage homes or 100 sq foot cubicle room..
Yeah. I’ve been living in HK for a little over a year coming from the US, and a $30,000 HKD apartment is definitely for those who earn a 6 figure USD salary.
True. Median house income for Hong Kong is around 25K HKD only
Keep in mind these are relatively affluent people in HK for sure. Good for them.
As a HKer, yes i can confirm lol. Most of us can't afford this...
My single dream is to have an apartment. I have been working to save enough money to buy one for 10 years so far, wish me luck!
You can do it good luck
@@Yooshiz2 thank you so much for your motivation it means a lot! 😁
your dreams will definitely come true👍
You can do it king
if you can afford to buy an appartment in hong kong, just move to another country lmao
I think these apartment tours offer a quite limited perspective on the variety of living spaces in Hong Kong. It only covered two neighbourhoods in Kowloon and Hong Kong Island. Sai Ying Poon is quite a premium area popular with expats and so is Olympic Station being near the West Kowloon Cultural District. It would've been interesting to see apartments that arent just 1 or 2 beds with a stunning view of Victoria Harbour. The truth is 99% of Hong Kong people living there will never see this view from their apartment in their lifetime and most people don't really care. It would've been nice to see some uniquely Hong Kong living spaces like studio apartments to see how people live in such small spaces, subdivided flats or even housing in more rural areas in the new territories. Not everyone lives in high rise buildings in Hong Kong! Though from the selection, it seems the three featured apartments had foreign educated people living in there given by the not so subtle hints of USC and UBC for example. Of course, they would have come from a more affluent background and speak better english for the audience to understand. But still, I would've preferred for them to include a wider selection of housing.
this is what a found in the Sydney video- they only showed a very small area of similar house types, someone also commented the same for Mumbai, unfortunately they seem to never show much diversity in location so I don't feel like it's giving me a real insight into these places. They should consult more local people to get a wider range of properties even if they still only show 3.
The issue is people letting you into their homes. They will have put it out there and these will have been the best that got back to them. Short of going to someones home that you think viewers might want to see and forcing your way in, you have to work with what you actually have to work with. They had 2 districs and one of them was 2 different sizes and prices, that is by every definition, a variety.
I'm also pretty sure that all of the people giving tours of their homes actually work for Buzzfeed in some capacity. It'd be cool to see how people who do something else for a living live
I live in Hong Kong and, in fact, grew up here. I actually thought the 3 flats were pretty representative of middle class living accommodation in Hong Kong. Yes, only 2 districts were featured, but the 2 in Sai Yin Pun were at different price points. And I appreciate the information about rent (including both HK$ and US$) and size and district. I've seen other videos of HK flats which were much more skewed towards expats and contained less information
Their apartment is humongous in Hong Kong standard.
True story. I'm from Hong Kong. I used to study in Los Angeles. One time I went in an apartment complex, a random local guy told me that I couldn't afford that place. I laughed.
by local guy you mean in LA or HK?
@@penguin-tc1cx LA
Typical ignorant American. Probably voted for Biden. You should tell them you work at nail salon and do sucky sucky for 5 dollar to shut him up. No need for them to understand our income after tax is higher than him. It will only bring hate.
Shows how much $$$ rent is in HK, however unrealistic of what a 'local HK' person lives in. Most of these are on expats I suspect....definitely people who are rich.
1 and 3 look like local, 2 seems like expat
Many expats aren't even rich, they are just easily being ripped off when it comes to renting places.
I would never want to be an expat in HK....based on what I see in this video.
@@Ccb88888 agree very small and $$$$, when i think before New-york appartement are too much small and $$$!
@@jigiw I wouldn't want to live in New York either, what a shithole...
okay but thank you for changing the layout of this series! it was so hard to keep up with the tours with the former editing style thank you
This makes me respect my home and country so much, I could never live in small apartment in city like that with no nature and too many people.
@@suziehee2851 to me, there is not much nature. I live in Finland and your idea of nature is probably just parks. Finland has real forests all around.
@@suziehee2851 Yeah, but that's not the same as real wild nature lol
@@suziehee2851 'only' 8.8 million usd :')
@@lioness2000 although I think hills counts as nature bc they are not man made
@@yeekam8317 Yes sure, but it´s totally different from real big forests in my country
New York people: 💰💰💰
Hong Kong: Mmmh💰💰💰💰💰💰
Dubai next!!!!
I would love to live there, lol.
I love this series!! Keep them coming
Edit: also a big THANK YOU for not just showing influencers or people working at international buzzfeed locations for this series. Feels like a more genuine living experience when it’s every day people...although from what I’ve heard of the housing crisis in Hong Kong I’m sure these people would be considered well off in HK
I would cry if I had to pay that much for such small a space.
the young people took it to the streets last year lol
@@buzzlightyear8896 nope
This reminds me of the small apartments in NYC
That's some expensive square footage...
What do you expect?! It's Hong Kong! haha
Joon went OFF in the kitchen! lol! The Food looks great! That last view is INSANE
This make me so thankful to my country and our home
I HAVE BEEN WAITING FOR THIS!!! I moved to Hong Kong 2 years ago and the flat hunt is just insane!!~
Those apartments are so small that I would hardly be able to breath without having anxiety, too claustrophobic. Hong Kong is way too expensive and crowded, nice views though.
I think those apartments are nice.... more spacious than my home already.....(also living in Hong Kong)
@@hughlachesis8020 no one in Toronto is paying almost4000 ' $ for a 1 bedroom lol
@Z s2021 2A Ko Tin Nam Jasmine 2A14 900000? I thought my friend said it is supposed to be at least 3 million?
@Z s2021 2A Ko Tin Nam Jasmine 2A14 impossible. Did you even buy an apartment in hk? An apartment of the size shown in the video costs at least 4,000,000hkd, depending on the location. It’s nearly impossible to find one below 3,000,000hkd unless it is less than 300sqf. Mine is 526sqf I bought 2 yrs ago and costed me 6,800,000 hkd. It’s not even in the center.
Not just the apartments! The furniture tends to be smaller too (in order to fit in the tiny apartments). I live in HK, and whenever I get home after spending time overseas, I feel like I am walking into a kind of doll house.
I love these videos! Thank you for creating this series and to all of those who opened their homes for us to see.
What are salaries one can expect to be able to afford houses like this. Let’s say you’re a banker or engineer. What % goes into rent?
About 50-60% if you want to live in a place where you won't be suffocating
If Ure a banker or engineer with 5-10 years experience, that would be approx 30-40% of ur salary. Bear in mind taxes are extremely low in hk. Although living condition / space is a complete different story.
@@serafinas7538 interesting. That’s still quite high
Yes indeed. it is very high.
30% seems fairly good estimate if you live alone, it would be cheaper per person if share larger flats (10-20%). However, top tax bracket is only 17% in HK.
Those apartments looked pretty good. The middle one with the rooftop space was my favorite one 💗
This series is just awesome !
The people in this video are just paying for the view honestly ...
That, and probably walking distance to theatre, clubs, restaurants, etc. (Pre protest/pandemic anyway!). I think HK, NY, Paris and London are pretty similar in terms of the reasons for the costs vs the actual worth of just the apartment.
thát all hongkong has to offer unless u are a billionaire or jackie chan
The price is pretty average, actually. It's not like they're paying extra -- that's a normal price for a decent (not decrepit, dangerous, or subdivided apartment). Even if they had a crappy view, that's a normal price.
my HK flat is 1 million USD and I have the shittiest view - the podium of my estate. Although honestly I bet the last house in the video is more expensive than mine
@@tellercamille8080 a similar apartment in the same location and same area cost 18 million hkd. around 2.3 million USD. and that apartment does not have nice view like the one in the video. www.squarefoot.com.hk/en/property/olympic-station/park-avenue-phase-1-tower-9/101332301/
Views in Hong Kong are very important. The better the view, the more expensive the apartment, thats just facts
I'm from Hong Kong. They are rich. My mum pays $7000 a month, we live in a Studio apartment.
I just wonder what is the point to live in such a small place and overpay when you can easily move to more affordable and friendly environment wiith much less pollution and more political freedom
@@eugenic12 like where?
@@abbeychan1999 many places. Australiia, Canada, even Indonesia and Phillipines.
@@eugenic12 people can’t just move to another country because they want to, there are many practical reasons why such as education, ability to find job and the expanses it will take to move
@@abbeychan1999 ok but HK is not famous for its education as well as for high salaries. more like famous for being in downfall and CCP occupation.
That UBC thunderbird shirt ☺️
Miss living in HK. The hk harbour is easily one of the most beautiful views at night
I thought Japan apartments were small relative to rent, HK is on another level.
for Japan's apartments it's mostly just the more popular/dense areas such as Tokyo, rural Japan is much cheaper
Yes,but the price is more cheaper than Hong Kong！
this video doesn't show what the majority of the flats in HK look like! any apartment above US $1000 p/m is way expensive
I'm always so amazed at Yvette varying apartment sizes and prices. I pay under $400 for a renovated attic in a midwestern US home. In my area, you can usually find 1-bedrooms that range from $500-$2000(for extremely nice.) You can also find 3-bedroom homes from $900-$3000+. It amazes me to how money stretches or doesn't around the globe.
I live in a really cheap area in England, a city called Bradford, my 2 bed, 2 bath is £370, the biggest homes in our area are like 10 bedroom 5 bath homes for £6000 a month. I can afford to live alone in a 2 bed and cover all my bills alone and also have a lot of spare money. It baffles me how people even live in London let alone some of these super expensive homes. I would be way too cheap to live in any of these places, because the cheap places, would not do for me because they are tiny.
"Hong Kong isn't the cheapest place to live" Yeah, no kidding; it's actually the most expensive place to live on earth 😂
Agree with most of the comments here. I lived in HK for 9 years, and 30k a month for rent are for people who makes at least 60k/month in their jobs, which is not the standard local wage. There are more neighbourhoods out there than Sai Ying Pun. You could have showed #2 as a luxury, but you can definitely go up to New Territories, or even way out east to see a difference in price/size.
Almost 4K usd for a one bed one bath 😳😳😳
yes but it's in one of the most expensive neighbourhoods in HK
and there is a roof. I wish I have a balcony
The last video of the apartment brings me back memories since I used to live there around 18 years ago. Back then the rent was around 10k HKD/ month. Exactly the same 800sq. feet apartment I lived in. Time sure flies so fast.
Super cool security door. Love the rooftop! Very nice tour. Thank you from USA.
I live in Hong Kong and I’m so grateful that i have a apartment that is quite spacious
This whole thing gave me anxiety.
Do Jamaica next
Now I fully understand why my boss wants to move the HK office to Singapore instead.
Rents in Singapore are skyrocketing. It will soon become another HK.
Love apartments around the world. Looking forward to apartments in Europe segment.
i actually used to live in hong kong for 4 1/2 years and i loved my apartment
2000 a month with a view like that seems reasonable for a 2 bedroom apartment until you realize the starting salary in HK is usually $1000 to $1400 for an average graduate with 7 vacation days a year.
That's so not true. I am from Hong Kong and the average starting salary for graduate is about US$1900. You can only hire cleaners with US$1400
@@wingyanwong3473 not sure which college you come from but an average graduate from an average college may only get a simple administrative job with HKD 10k pay. That’s $1300. But I’ve heard 8000 hkd as well from my friend who could not find an admin job and was working at a bed and breakfast place as customer relations.
@@wingyanwong3473 I agree with you. I am a fresh graduate with an arts major which means my friends are at the bottom of the food chain with no professional skills. I think the bottom line is $13K which is quite common and that’s $1600 USD. No college grad would do a job with a salary of $HK9000 (1150 USD). That’s a wrong decision and I am quite sure most graduates will not make that decision. It is, however, very common to get USD 1600 at the starting point which is not very good either
@@bababaghanoush what about Fresh IT graduate? How much do they make monthly?
@@jatinrustagi9763 Depends on job nature and firm. If you work for finance in an ibank that’s 35K+ at least. But common jobs are about 16-18k at the beginning.
And Londoners think their city is “crowded”
Holyyyy. This is so expensive and I live in NYC! This is so surprising lol. I didn’t realize how expensive HK is...
@Kay Flip I think he means he expected Hong Kong rent to be cheaper since NYC is renowned for expensive rents
Thankyou for these videos. K
The girl with the rooftop patio and the guy who lived with his mom had nice places the view was amazing
I live in Hong Kong, specifically in Tung Chung, for the price of $30k a month, you could probably rent out the whole 3 floors of a village house, including the rooftop! Apartments here usually costs around 15k ~ 22k, there are some villas around as well. Lantau has lots of cheaper than these apartments in the video and with bigger space as well. I clicked this video hoping someone from Lantau, islands or new territory would be featured here. 😅
Hi, I’m looking for an apartment with 1 BR located near airport. Since you mentioned Tung Chung, do you have any recommendations for 1 BR apartment for affordable price?
Imagine you have to quarantaine in those boxes...
I was. Thank you for reminding
Excellent video. Very interesting to see how others live around the world. Please keep up the good work.
wow the $2000 apartment is smaller than my room.
Stumbled on these videos and find them quite interesting! Short and sweet! 😊👍
I am Japanese. I have an experience I rent a room in HK only one year for my business,
but I lost a lot of money for a rent fee every month.
So interesting, thanks for sharing
These prices made my eyes bleed. It can't be possible to have any savings when all that goes to rent. Must be super tough for single earners.
People told me living in UK, especially London is expensive when I travel back to HK occasionally. I laughed and ask “Where do you think you’re living in?”. Hong Kong is literally the most expensive city in the world. Even tho I’m on a relatively high budget comparing to the avg in UK, it’s still much less than what I paid when I was living in HK.
Yeah, actually, cost per square meter is about the same in central Sydney. Around $28,000 per square meter. A 2br apartment is about $900k to $1.4M
Wow Such an amazing view from the girls´ apartment!
7:31 I saw you have 1 of this Herman Miller Embody chair. :D
Holy! I lived in HK, four girls in my appt.. our rooms were 6x6, with bunk beds, so two girls to a room, I couldnt lay out straight on my bunk bed! Our bathroom was all one.. shower toilet and sink meaning whole room is tiled to get wet. The kitchen could fit one person. It was L shape=lil counter space like 1.5 fr wide, a mini sink a foot wide cube square.. and a mini fridge that came up to my chest... some cupboards up top. Our living room and dining area were the same thing lol
I shouted UBC when I saw the hoodie!
I would be terrified to sit on that ledge. Really feels like you're in the air. Pretty cool
the window ledge thing was awesome
I’m loving being a father atm but I can’t wait to move around the world and experience these places. These videos are intriguing
Untidy if full of things! Under the bed must be clean & not lot of things hidden, Everywhere are things in every corner looks like messy for me.We have more places and rooms and cabinets here in Germany to put our things & look neat & tidy.
The spaces are quite small but you can make a place homely by downsizing and making use of little nooks and and crannies; Your views are amazing with the rooftops consisting of Palm trees.
Love the one with the rooftop deck!
Loved these videos. Please make more
as someone who has always lived in rural areas in England i would kill for that night view of the skyscrapers it just looks so beautiful
i would kill to live in rural areas in England lol. Big city is depressing.
This was really cool. And more expensive than DC! Wow. I mean we have $3800 apartments too but you'll get more sqft.
hong kong is the most expensive housing market in the world by far from a square footage perspective. DC (or even SF or Manhatten) is rural Missouri price-wise compared to Hong Kong.
We also have much more expensive apartments than these! Double the price, of course in even richer neighbourhoods and larger sizes
I’m still shocked at how pricey HK is to rent. And I thought London, UK was bad!
Is it a lot cheaper in the UK?
@@browchump8764 In the UK, yes - for example, a 3 bed house can go for as little as £1,000 in many areas. However, in London, that's at least £4,000 in any decent area.
wow puts things into perspective. one-bed apartments in Seattle, WA cost lower than this
I grew up in the New York metro area, and these apartments are nothing like the ones in Manhattan. There aren't any hallways, just one central room with other rooms surrounding it. So different.
watched a lot Hong Kong tiny apartments, finally saw these , size suitable for living ......How lucky they are
Thanks for this. I lived in HK for 9+ years up to 2010, but in DB/ Discovery Bay, and paid usually around $9,000 HK per month for a 1-2 bedroom flat, except during SARS, when I got a 3-bedroom flat for $6,000. But, living on Lantau Island, you had to factor in the ferry or bus/ train rides each way to work, plus the time & inconvenience factor (miss the last ferry/ train/ bus, and you're stuck until 5-6 a.m. when they start running again. Still, the natural beauty & quieter pace of DB was a respite from the city craziness. BTW, loved the UBC Thnderbirds sweatshirt the guy (Hok?) showed in his drawer - my Alma Mater, too. Nice reminder. Cheers, & thanks for showing us your flats.
Do you get payed accordingly for the amount of money you pay?
@@browchump8764 As a former teacher, no. Living expenses took a HUGE amount of my monthly income, often up to half.
For other professions, yes, especially if they are hired by foreign companies. Folks actually used to get "hardship" pay living in HK, when they were transferred there.
BTW, that is HK dollars - NOT US or Cdn $. Divide by 5 or 6 to get Cdn$. I don't know what the US$ conversions were.
When I lived there, HK was THE most expensive city in the world, in which to live. You could certainly get cheaper flats, but they would be much farther away, often on smaller islands.
Owh, seriously you should make one about apartments in Kuala Lumpur, Malaysia. I guaranteed you with the price that you are paying you’ll be blown away of the quality.
Oh wow, living in hongkong seems like a night mare
Exactly! Food is disgusting and incredibly expensive.
@@tinggu1506 what are you saying? The food here is incredibly cheap compared to other cities, there's no additional taxes and stuff, and the food is nice
@@egga3675 i think she has never been HK. HK has cheap with very good price food, also choice to luxury food and house as well .it's all about $$
@@fafalio9844 I know right
I also want to mention Hong Kong has high humidity almost all year around, you have to keep your AC running for almost 8-9 months otherwise you have to deal with mold/ smell in your place
i would love to see a lot more of these, please! thanks! 💗🇭🇰
That $3850 apartment in HK with that kind of view is a steal.
what... $3850 is too much for rent.... Unless you make like $10K a month I guess.... If you do, show me the job and I'll apply. :)
Shawn Steinman making a minimum of 10k HKD a month in HK can be done at any decent job except for flipping burgers at McDonald’s.
They live like 5 mins from the business district so it's really expensive. I live a 20-min bus drive away so I have a two-toilet, three-bedroom apartment and a big living room for just 1 million USD. Normally 1 million USD can just buy a one-bedroom, one-toilet apartment near the business district
@Andrew Lee Mortgage assume. Paying over time with interest.
@@Maxiclone Well that is how 95% of the world pays for their house,, so good assumption!!!
You guys have to do an episode about Istanbul, Turkey!! 💘
is it just me who saw the NCT 127 Neo zone stickers on one of the girls bedroom and Kick it Picture on the Fridge hehe
It would be great to show different diversity of houses yet affordable in Lan Tau area
It has a ridiculous commute if you work in the City.
I’m curious to know where these people are economically. I suspect this series reflects middle income to higher income homes and are not the norm for many cities. Maybe sharing their jobs would give us a sense of whether these home are average or not.
That is an awesome view
your rooftop is so cool, i'm moving in
Hong Kong water is some of the cleanest in the world! Many people here live outside of the main part of the city, but then you may find yourself spending more on transport!
You should do Belfast Northern Ireland and show apartments in both West and East. I live in West Belfast right beside a peace wall. I think people would be interested in the political history and house that affects apartment prices in each area.
ok but the view!! in the last bedroom.... isn't super super super cool??? or perhaps is it just my small town girl self??? i want something like that :(
Please make more videos like these from every country 🙏
I didn’t know Hong Kong was this expensive! Wow, that’s more expensive than most apartments in New York
Thanks for inviting us into your homes...
After seeing these prices I understand better how my friend sold his for over 4 million. He had a High rise with pool and gym with at least 3 bedrooms as he had a live in housekeeper. He sold it to move and send his kids to a ivy league high school in the states and bought a house on Chesapeake Bay.
Based on the fact that one girl had a USC shirt and the guy showed off a UBC shirt, these are people who can afford to go to school in North America. I would have been more interested in seeing where HK born and bred live and not just in the touristy/westernized spots. How about Tai Po, Shatin, or even Yuen Long?
Unfortunately, Hong Kong has a terrible paradox of "too rich for public housing" and "too poor for private housing." The average incomes are good by world standards (the median income is roughly the same as that of Las Vegas, funny fact that I learned today), but housing supply for these "average" people is nonexistent.
@@canto_v12 You have no clue how much we earn in HK. Go look up income taxes, capital gains tax and dividends and you'll get a better idea how much disposable income HKers have
You would just see equivalent places at lower price point. Or you would get bigger places for similar prices. Some of those areas would have new development/newer buildings (those neighborhoods in the video were pretty developed and saturated decades ago). The only thing unique to those in the video is the harbor view.
I live in hk,I live with my parents.Our apartment has two rooms and one bathroom.And the rent is almost $20000 hkd
Just so folks know, the places depicted in this video is NO WAY representation of average Hong Kong people. These people are spending more than the median salary on rent. These are definitely not the typical apartments you will find people in HK living in.
They need to put people with median wages
And each video may only for 20 seconds because, well, not much to show in small rooms.
It's buzzfeed.. of course they r biased af