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initial expenses
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| Newbie |
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| 16 Posts |
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| Maldives |
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| posted by fran 1018 days ago |
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hii... would you know more or less the initial expenses for the setting up in hk? rent comision of the real state? water, power and gas initial set up?
thanks
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| Senior Member |
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| 8947 Posts |
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| Hong Kong |
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| posted by God de Vader 1018 days ago |
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3 months rent (2 deposit, 1 for first month) comission to the estate agent 1/2 month rent,(usually a waste of money at all)
water 130 per 3 months??
gas depends on how long you shower
electricity depends on whether you run the A/c 24/7 or not.
I'm not under the alkafluence of inkahol that some thinkle peep I am. It's just the drunker I sit here the longer I get."
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| Senior Member |
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| 8237 Posts |
| tagnutting |
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| Hong Kong |
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| posted by Paps of Jura 1018 days ago |
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The deposit for the electricity company is around $500 and about the same for the water company I think.... not sure about gas
The cost of having a phone/ internet connection and broadband TV is minimal
Dib Dob nib knob
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| Regular Member |
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| 3524 Posts |
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| Hong Kong |
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| posted by sunwaterandsky 1018 days ago |
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Fran, usually your landlord will leave the utilities in their names - you just have to pay the bill. So no deposit necessary.
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| Junior Member |
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| 1797 Posts |
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| Hong Kong |
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| posted by hongkonger 1017 days ago |
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Rental:
+ two x monthly rent for deposit/bond
+ one x monthly rent in advance payment
+ half x monthly rent for property agent commission
+ stamp duty (contract registration fee, it is small sum, about 0.05% percentage of monthly rental)
In total that is a little over 3.5 months rent (in advance).
Furnishing:
A "furnished" apartments means different things to different landlords, so that depends. Some apartments are bare, with only air conditioning provided, others include lots of furniture table, chairs, glass, cookware, etc.
You might need to buy your own de-humidifier(s) for summer / heater for winter (most apartments do not have any type of heating), or buy secondhand from check out the expats sales section.
Utilities:
As sunwaterandsky says, most often landlord has provided the water, gas & electricity connection
so you only need to pay the bills, in arrears. Electricity charges are second only to Japan, i.e. high. and really dependant on the hours you run aur-conditioning and de-humidifers
Government Rates:
most often included, check before signing contract.
Managements fees and charges:
Some apartments charge management fees, sometimes these included in rent, sometimes not. Again check management fees are included before signing contract.
Telephone/Internet:
Connecting a basic telephone line costs $400 from PCCW, exlcluding phone. Costs about $38 / month for a basic service. After you have a basic phone line installed costs about $ 170/month for a broadband 6M internet connection from PCCW. Other services providers can also use the PCCW phone line and offer lower prices. Customer service (all providers) sucks, so be prepared.
We will consume 85 million barrels of oil today, what's going to be left for tomorrow?
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