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Sheung Wan, Hong Kong: Cost of Living, Healthcare, Local Clubs and Activities, Healthcare and What to Know About Living in Sheung Wan | Digital Nomad Exchange
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Sheung Wan, Hong Kong

By Joshua Wood, LPC

Last updated on May 13, 2024

Summary: Expats, digital nomads and retirees discuss what it is like to live in Sheung Wan, Hong Kong: Cost of living, Finding a home, Meeting People and more.

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

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

"Sheung Wan is a vibrant neighborhood in Hong Kong that offers a unique blend of traditional and modern culture. It is known for its bustling markets, antique shops, art galleries, and trendy cafes. Before moving to Sheung Wan, expats should know that the cost of living can be quite high, especially when it comes to housing. Apartments are typically small and can be expensive, but they are often located close to amenities and public transportation. English is widely spoken in Sheung Wan, but learning some basic Cantonese phrases can be beneficial for daily interactions. The local food is a mix of traditional Cantonese and international cuisine, with a wide range of options to suit all tastes and budgets. Public transportation in Sheung Wan is efficient and reliable, with the MTR (Mass Transit Railway), buses, and trams providing easy access to other parts of Hong Kong. Taxis are also readily available, but they can be more expensive. Sheung Wan has a subtropical climate, with hot, humid summers and mild, dry winters. It can be quite rainy during the monsoon season, which typically runs from April to September. Healthcare in Hong Kong is of a high standard, but it can be expensive for non-residents. Expats should ensure they have adequate health insurance coverage. Sheung Wan is generally safe, but like any urban area, it's advisable to take basic precautions, especially at night. The neighborhood is home to a number of international schools, making it a popular choice for expat families. However, competition for places can be fierce, so it's advisable to apply well in advance. Finally, Sheung Wan offers a wide range of leisure and entertainment options, from traditional Chinese opera and martial arts performances to modern art exhibitions and music festivals. It's a vibrant, dynamic neighborhood that offers a unique taste of Hong Kong's rich cultural heritage," explained one expat living in Sheung Wan, Hong Kong.

How do I find a place to live in Sheung Wan?

We asked expats how they chose their neighborhood and found a place to live. They answered:

"Finding a place to live in Sheung Wan involves several steps. First, you need to determine your budget. This will help you narrow down your options and make your search more efficient. Next, you should research the different types of housing available in Sheung Wan. This could include apartments, serviced apartments, or even shared housing. You should also consider the size of the property you need, the amenities you want, and the location's convenience. Once you have a clear idea of what you're looking for, you can start your search. There are several online platforms where you can find listings for properties in Sheung Wan, such as 99.co, Squarefoot, and Spacious. These websites allow you to filter your search based on your preferences and view photos and details of the properties. You can also hire a real estate agent to help you in your search. They can provide you with expert advice and access to properties that may not be listed online. Make sure to communicate your needs and preferences clearly to your agent to ensure they can find the best match for you. Once you've found a property you're interested in, arrange a viewing. This will give you a chance to inspect the property in person and ask any questions you may have. If you're satisfied with the property, you can then proceed to negotiate the lease terms with the landlord or the real estate agent. Make sure to read the lease agreement carefully before signing it. Finally, once the lease is signed, you can arrange for the move-in. You may need to set up utilities and internet service, and purchase any necessary furniture or appliances. Remember, finding a place to live can take time, so be patient and don't rush the process. It's important to find a place where you'll be comfortable and happy," said one expat who made the move to Sheung Wan.

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

"A typical expat home or apartment in Sheung Wan, is often a high-rise apartment due to the city's dense population and limited space. These apartments are usually modern and well-maintained, with a compact yet efficient layout. The living room and dining area are often combined into one space, with large windows that offer stunning views of the city skyline. The kitchen is typically small but functional, equipped with essential appliances like a stove, refrigerator, and sometimes a dishwasher. The bedrooms are usually modest in size, with enough space for a bed and a small wardrobe. Some apartments may also have a small study or home office area. Despite the limited space, these apartments often feature high-quality finishes and modern amenities, such as air conditioning, high-speed internet, and access to a gym or pool in the building. The buildings are usually secured with 24-hour security systems and have concierge services. The location in Sheung Wan is a significant draw for expats, as it is a vibrant neighborhood with a mix of traditional and modern culture. It's close to the business districts, making it convenient for work, and it's also packed with restaurants, bars, shops, and art galleries. However, outdoor space is a luxury in Hong Kong, so balconies or terraces are rare. If an apartment does have outdoor space, it's usually small and may only fit a couple of chairs. In terms of decor, many expats choose to blend Western and Eastern styles, incorporating traditional Chinese elements with modern, minimalist furniture. The result is a comfortable, stylish space that reflects the unique cultural blend of Hong Kong," commented one expat who made the move to Sheung Wan.

What is the average cost of housing in Sheung Wan?

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

"The average cost of housing in Sheung Wan can vary greatly depending on the size and type of the property. For a small one-bedroom apartment, the cost can be quite high, often reaching into the millions of Hong Kong dollars. For larger, more luxurious properties, the cost can be significantly higher. It's also important to note that the cost of housing in Sheung Wan has been steadily increasing over the years, making it one of the more expensive areas in Hong Kong to live in," remarked one expat living in Sheung Wan, Hong Kong.

Where should I setup a bank account in Sheung Wan?

We asked expats in Sheung Wan what banks they use and there advice about banking. They advised:

"Expats considering retirement in Sheung Wan should be aware that the cost of living can be high, particularly for housing. They should also know that the healthcare system in Hong Kong is excellent, but private healthcare can be expensive. English is widely spoken in Sheung Wan, making it easier for expats to communicate and navigate daily life. The area is known for its mix of traditional and modern culture, with plenty of shops, restaurants, and historical sites to explore. Public transportation in Sheung Wan and throughout Hong Kong is efficient and reliable, so owning a car is not necessary. Expats should also be aware that Hong Kong has a subtropical climate, with hot, humid summers and mild winters. It's important to understand the visa requirements for living in Hong Kong, which typically involve proving a steady income or substantial savings. Hong Kong's tax system is relatively straightforward, with low personal income taxes. However, it's recommended to consult with a tax advisor to understand potential implications. Finally, while Hong Kong is generally safe, it's advisable to stay informed about the political situation, as the city has experienced periods of civil unrest," said one expat who made the move to Sheung Wan.

What do expats in Sheung Wan appreciate most about the local culture?

"Expats in Sheung Wan often appreciate the vibrant mix of old and new that characterizes the local culture. They enjoy the area's rich history, which is evident in its traditional shops, temples, and historic buildings, juxtaposed with modern art galleries, trendy cafes, and innovative restaurants. The local food culture is another aspect that expats greatly appreciate. Sheung Wan is known for its diverse culinary scene, offering everything from traditional dim sum and seafood to international cuisines. Expats also value the sense of community in Sheung Wan. Despite being in a bustling city, the neighborhood has a close-knit feel, with friendly locals and a slower pace of life. The local art scene is another draw for expats, with a plethora of galleries, street art, and creative spaces that reflect the city's cultural diversity and dynamism. Finally, expats appreciate the convenience and accessibility of Sheung Wan. Its central location, well-connected public transport, and walkability make it an ideal place for foreigners to live and work," said one expat who made the move to Sheung Wan.

What do expats find most challenging?

"Expats in Sheung Wan often find the language barrier to be the most challenging aspect of the local culture. Cantonese is the primary language spoken in Hong Kong, and while English is also an official language, it is not as widely spoken or understood in some areas. This can make everyday tasks like shopping or asking for directions more difficult. Another challenge is the fast-paced lifestyle. Hong Kong is a bustling city with a high population density, and this can be overwhelming for expats who are used to a slower pace of life. The city's work culture is also very demanding, with long hours and high expectations, which can lead to stress and burnout. The cost of living in Hong Kong is also a significant challenge. Housing, in particular, is extremely expensive, and many expats find it difficult to find affordable accommodation that meets their needs. The high cost of living can also make it difficult to save money or enjoy leisure activities. Finally, some expats struggle with the cultural differences. Hong Kong has a unique blend of Eastern and Western influences, and this can sometimes lead to misunderstandings or culture shock. For example, the concept of "face" is very important in Chinese culture, and this can affect social interactions and business dealings in ways that expats may not be used to," remarked one expat living in Sheung Wan, Hong Kong.

Is there a lot of crime in Sheung Wan?

We asked people if there is a lot of crime. They answered:

"Sheung Wan, generally has a low crime rate compared to other global cities. The area is considered safe for both residents and tourists. Hong Kong as a whole is known for its effective law enforcement and strict legal system, which contributes to the overall safety in Sheung Wan. However, like any urban area, minor crimes such as pickpocketing or scams can occur, particularly in crowded places. Violent crime is relatively rare. It's always advisable for residents and visitors to take standard precautions to protect their personal safety and belongings," said one expat in Sheung Wan.

About the Author

Joshua Wood Joshua Wood, LPC is one of the Founders of Digital Nomad Exchange and serves as Co-President of Expat Exchange. Prior to Expat Exchange and Digital Nomad 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 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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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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