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Vault Message Board: JPMorgan

Topic Name: JPM in Asia
Message Name: More Clarity
Date Posted: 01/10/2006
In Reply To: - Certainly not more expensive unless you take it on a basis of Apartment cost / "local" salary
Message: Not sure what your point is. My understanding is that one can get an extremely small apartment for about US$3,000 per month on the "Island". If you want to live in MidLevels in a half decent place (and can't get into Govt employee housing), then you're probably talking US$9 to $10 per month. This is based on what I was told by someone in HK about 4 years ago. I can't believe rents have gone down.

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