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Mdog
Joined: 17 Dec 2009
Posts: 23
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 Posted: Wed Apr 11, 2012 1:21 pm Post subject: Apartments under 9,000HK$ ??? |
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| Is it possible to get anything that isn't a 'closet' for under 9,000HK even if it's in New Territories?? Also, something that's not crawling with creepy crawlies too?? |
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HK_GURU
Joined: 17 Nov 2011
Posts: 26
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| Posted: Thu Apr 12, 2012 1:15 am Post subject: Re: Apartments under 9,000HK$ ??? |
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| Mdog wrote: |
| Is it possible to get anything that isn't a 'closet' for under 9,000HK even if it's in New Territories?? Also, something that's not crawling with creepy crawlies too?? |
Absolutely no problem. Just need to look around a little. |
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Perilla
Joined: 09 Jul 2010
Posts: 792
Location: Hong Kong
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| Posted: Thu Apr 12, 2012 6:34 am Post subject: |
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| The New Territories is cheaper than most parts of HK, so 9K will find something reasonable, especially if you look at villages. 9K is also enough to find a reasonably roomy 700 sq ft flat on the islands - Lamma, Lantau or Cheung Chau. (700 sq ft and 350 sq ft are standard flat sizes in the villages and islands.) |
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sistercream
Joined: 18 Dec 2010
Posts: 497
Location: Pearl River Delta
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| Posted: Thu Apr 12, 2012 1:11 pm Post subject: |
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| Last year I was paying 6K for a 400'sq 2br place in a well-maintained & managed, very convenient (for transport & shopping) block in a New Territories urban area - and that was more expensive than it could have been as I had the landlord furnish it and supply electrical appliances. |
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RiverMystic
Joined: 13 Jan 2009
Posts: 1986
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| Posted: Thu Apr 12, 2012 2:43 pm Post subject: Re: Apartments under 9,000HK$ ??? |
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| HK_GURU wrote: |
| Mdog wrote: |
| Is it possible to get anything that isn't a 'closet' for under 9,000HK even if it's in New Territories?? Also, something that's not crawling with creepy crawlies too?? |
Absolutely no problem. Just need to look around a little. |
This is not entirely correct. "Absolutely no problem?" Yes, there will be problems - if you want something reasonably nice, more than 500 square feet, and in an accessible location (depending where you work). I have been searching Sai Kung and Tseun Kwan O areas this last month and found nothing (thus far) less than an asking price of $9500. Prices have risen a lot in the last year. Most were $11000 - 12000 for 600 sq feet plus, reasonable quality places and locations. I saw some absolutely horrendous village houses around Sai Kung and in the middle of nowhere - old, dirty, stinking - asking for $12 000. Such places would have gone for $7000 just a few years ago.
But yes, as long as you are prepared to keep looking out of the way you will find something, but for $9000 and less it will tend to be smaller, more remote, and oldish. |
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HK_GURU
Joined: 17 Nov 2011
Posts: 26
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| Posted: Fri Apr 13, 2012 2:30 am Post subject: Re: Apartments under 9,000HK$ ??? |
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| RiverMystic wrote: |
| HK_GURU wrote: |
| Mdog wrote: |
| Is it possible to get anything that isn't a 'closet' for under 9,000HK even if it's in New Territories?? Also, something that's not crawling with creepy crawlies too?? |
Absolutely no problem. Just need to look around a little. |
This is not entirely correct. "Absolutely no problem?" Yes, there will be problems - if you want something reasonably nice, more than 500 square feet, and in an accessible location (depending where you work). I have been searching Sai Kung and Tseun Kwan O areas this last month and found nothing (thus far) less than an asking price of $9500. Prices have risen a lot in the last year. Most were $11000 - 12000 for 600 sq feet plus, reasonable quality places and locations. I saw some absolutely horrendous village houses around Sai Kung and in the middle of nowhere - old, dirty, stinking - asking for $12 000. Such places would have gone for $7000 just a few years ago.
But yes, as long as you are prepared to keep looking out of the way you will find something, but for $9000 and less it will tend to be smaller, more remote, and oldish. |
Come on man. Sai Kung is a high rent area. There are plenty of properties around for $6-9K. As you say prices have gone up and some of the places on offer may be less than desirable. |
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RiverMystic
Joined: 13 Jan 2009
Posts: 1986
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| Posted: Sat Apr 14, 2012 12:12 pm Post subject: |
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No. Sai Kung is slightly cheaper than Tseung Kwan O area on average, including Lohas Park. It is also much cheaper than many other areas in HK. I have recently looked around Po Lam, Shatin, Kowloon Tong, North Point, Tin Shui Wai, Tsuen Mun, Quarry Bay, Clearwater Bay, Discovery Bay etc. Sai Kung is just about the cheapest of all of them. I saw (very crappy) places for 10 000 in the centre of SK. It's hard to get that in the centre of any other decent area.
And as I have stated, there are places for 9000 and under, as long as you are prepared to look out of the way. They are becoming harder to find, though. |
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Perilla
Joined: 09 Jul 2010
Posts: 792
Location: Hong Kong
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| Posted: Mon Apr 16, 2012 4:25 am Post subject: |
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| RiverMystic wrote: |
No. Sai Kung is slightly cheaper than Tseung Kwan O area on average, including Lohas Park. It is also much cheaper than many other areas in HK. I have recently looked around Po Lam, Shatin, Kowloon Tong, North Point, Tin Shui Wai, Tsuen Mun, Quarry Bay, Clearwater Bay, Discovery Bay etc. Sai Kung is just about the cheapest of all of them. I saw (very crappy) places for 10 000 in the centre of SK. It's hard to get that in the centre of any other decent area.
And as I have stated, there are places for 9000 and under, as long as you are prepared to look out of the way. They are becoming harder to find, though. |
If this is the case then I certainly recommend the islands such as Lamma and Lantau where, although rents are rising, it's still possible to find very reasonable 700 sq ft flats for as low as 6K per month, and 350 sq ft flats for as little as 4K. |
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purple_piano
Joined: 02 Jan 2009
Posts: 33
Location: New Territories, Hong Kong
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| Posted: Mon Apr 16, 2012 5:46 am Post subject: |
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Perfectly possible in NT.
I have a furnished 700 sq ft flat in Yuen Long under 6500. It's a walk-up but close to MTR and night bus stops. |
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oxi
Joined: 16 Apr 2007
Posts: 347
Location: elsewhere
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| Posted: Mon Apr 16, 2012 7:54 am Post subject: Re: Apartments under 9,000HK$ ??? |
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| Mdog wrote: |
| Is it possible to get anything that isn't a 'closet' for under 9,000HK even if it's in New Territories?? Also, something that's not crawling with creepy crawlies too?? |
As most have said - yes
Have a look here - http://www.gohome.com.hk/en/
It gives a fair idea of cost. There's also asiaexpat, squarefoot, centaline, etc - but they're more pricey.
My examples:-
me - Jordan, 300sqft studio with big terrace $9000
last time I went flathunting a few months ago, $7500 - 8500 was average for the area
friends-
1 Tai Po, 500sqft, 2 bed, $6500
2 Sai Kung, 3 floor village house 350 sqft each floor, roof, $7500
3 Sai Kung, top flr village house 700 sqft and roof $6500
4 Gold Coast, 800sqft, 2 bed, furnished, $12000 |
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Jospeh
Joined: 15 May 2010
Posts: 11
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| Posted: Thu May 17, 2012 1:56 pm Post subject: |
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| RiverMystic wrote: |
| I have recently looked around Po Lam, Shatin, Kowloon Tong, North Point, Tin Shui Wai, Tsuen Mun, Quarry Bay, Clearwater Bay, Discovery Bay etc. |
Did you look around Tai Wai? I'm considering going north a bit (I want more greenery, but I don't want to be way up in the NT or I'll never arse myself to do anything) but I don't know the area very well.
My current flat in Kowloon City is just under $9k. It's a little over 600sqft, two bedrooms, unfurnished, top of a low-rise walk-up. Newly refurbished when I moved in - it's simple but feels quite modern, and the high ceilings are nice. The rooftop isn't private but I can get up there to dry laundry which is useful.
Downsides are it has damp/ceiling mould issues and very little storage in the kitchen area. I suppose some people mightn't like the area either, but I do. |
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RiverMystic
Joined: 13 Jan 2009
Posts: 1986
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| Posted: Fri May 18, 2012 2:41 am Post subject: |
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Actually, I used to live in a village house in tai wai, a very nice one and paid only 4500 a month. That was 6 years ago, though. It was 20 mins to the nearest MTR, though. I haven't looked there recently. I'd imagine that place would be about 6-7000 now. If you like quiet (except for barking dogs), then Tia Wai is a good option.
The good news is that the rent market seems to be easing up. Rents might go down in the next few months, because there are not so many mainlanders buying property right now as the economy cools over the border. |
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oxi
Joined: 16 Apr 2007
Posts: 347
Location: elsewhere
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| Posted: Fri May 18, 2012 5:24 am Post subject: Re: Apartments under 9,000HK$ ??? |
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| oxi wrote: |
me - Jordan, 300sqft studio with big terrace $9000
last time I went flathunting a few months ago, $7500 - 8500 was average for the area |
hhmmm...
My flat just went up to 10500. Drat.
Average in areas seems to be going closer to 9K.
Still, less than 9K seems quite doable further out. |
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