For a senior position of HKD300k - HKD350k per annum in HK I think it's on the low side. I personally wouldn't work and live in HK if I'm not getting at least HKD50k a month. An AVP in a Global Investment Bank easily makes HKD60k a month. Having said that, I think it's still realistic to save HKD10-15k a month depending on whether you're a high spender. But life in HK is fun if you like partying and shopping.
If you're just there for short term maybe to save up money, then I think it's worth a go. It's always nice to add overseas experience in your resume. But if you want to stay long term, depending on your age now, it may not be a wise decision because I personally don't like the living conditions there.
QUOTE(Aftermaths @ Feb 14 2014, 11:38 AM)
Try your best to save $100k in 1 year lol. (Approx. RM50k)
Living space limited = high rental
Everybody is fashionable = high clothing cost
Relatively high living standard = higher nominal expenses
Entertainment = Very High (If u like clubbing everynight)
Courting female --> Huge expense = Leng Lui (LOL)
Most important when u order take away, remember dun say "dabao"
Dabao in HK means dabao corpse.
Don't agree with what you said.
1. Agree on limited living space but no necessarily high rental. But if you are measuring value for money, space vs cost, then yes it's high cost. I used to stay at Kennedy Town (quite Central), rented a 2 bedroom apartment at HKD 7,000 a month. Probably around 400-500 square feet. That was 3 years ago
2. High clothing cost? Definitely no. Prices are quite standard in Asia. A pair of Levis will cost around RM300 (in Msia), SGD150 (in SG) and HKD900 (in HK). But definitely need to spend more in winter. Since you usually wear one piece in SG or Msia but during winter maybe 3 pieces.
3. The food price is very similar to SG. You won't feel any difference. But there are still reasonable priced food even in Central area for breakfast, lunch and dinner. I know places in Central where you can get set lunches for HKD20-HKD40. With the rising cost in Msia, lunches at RM10-RM15 is very normal. So the difference is minimal as well.
4. Can't remember the entertainment cost, but I do recall that alcohol is cheaper in HK compared to SG.
5. Movie cost on average HKD100 and need to book in advance. Considering the food price is similar to SG, I don't think TS will have much issue with dating expenses. But maybe HK girls are more materialistic. I've dated girls in HK who requested me to get LV bags for them
This post has been edited by nick_lim88117: Feb 14 2014, 02:33 PM