Sheung Wan, Hong Kong 🇭🇰
#1741
,
Nomad Score:
61%
Essentials
| 🏙️ City | Sheung Wan is a vibrant district located on the western side of Hong Kong Island known for its mix of traditional and modern culture. |
| 👥 Population | Approximately 100,000 residents. |
| 💻 Internet Speed | Average internet speed is around 50 Mbps, with many cafes and coworking spaces offering high-speed Wi-Fi. |
| 💸 Currency & Banking | 1 HKD ≈ 0.13 USD. Major banks include HSBC, Standard Chartered, Hang Seng Bank. |
| 🚰 Tap Water | Drinkable, though many prefer bottled water. |
| 🔌 Power | 230V, 50Hz, 🔌 Type G sockets. |
| 📶 SIM Card | Major providers include China Mobile, CSL, and 3HK with LTE coverage. |
| 💳 Banking for Expats | Common payment methods include Alipay, WeChat Pay, and international cards like Visa and Mastercard. |
| 🛌 Accommodation | Options include Airbnb, serviced apartments, and local rentals ranging from HKD 8,000 to HKD 20,000 per month. |
| 💳 Cashless Friendly | Yes, cashless payments are widely accepted. |
| 🏠 Short Term Rentals | Airbnb and local real estate platforms offer various short-term options. |
| 🛏️ Budget Accommodation | Hostels like YHA (Youth Hostels Association) offer dormitory beds starting from HKD 150 per night. |
| 🏙️ Best Area to Stay for Tourists | Sheung Wan itself, as it's close to attractions like Man Mo Temple and Hong Kong Macau Ferry Terminal. |
| 🏙️ Best Area to Stay for Digital Nomads | SoHo or Sheung Wan offers great access to coworking spaces and cafes. |
Working and Networking
| 🏢 Best Coworking Space | The Hive - a well-known coworking space with a lively atmosphere and community events. |
| ☕ Best Cafe for Work | The Coffee Academics - offers strong Wi-Fi and a comfortable atmosphere for remote work. |
| 💼 Networking Events | Regular meetups are hosted by groups such as Startup Grind and Meetup.com in coworking spaces. |
| 🥂 Social Events for Expats | Facebook groups like 'Expats in Hong Kong' and networking events through platforms like Internations. |
Transportation
| 🚕 Best Taxi/Ride App | Uber operates in Sheung Wan, along with local taxis. |
| 🚲 Bike/Scooter Rental | Services like Gobee.bike offer bike rentals throughout the city. |
| 🏖️ Best Beach Nearby | Repulse Bay is about a 30-minute drive; renowned for its beautiful beach. |
| ✈️ Top Regional Airline | Cathay Pacific, the largest airline based in Hong Kong. |
| ✈️ Top International Airline | Cathay Pacific, Emirates, and Qatar Airways. |
| 🛣️ Highway Access | Easy access to the Island Eastern Corridor leading to other parts of Hong Kong. |
| 🚉 Main Train/Transit Hub | Sheung Wan MTR Station connects to various parts of Hong Kong. |
| 🚍 Public Transport Passes | The Octopus Card can be used for easy access to all forms of public transport. |
| ✈️ Regional Travel | Trains and ferries provide easy access to Lantau Island and Macau. |
Health and Wellness
| 🏥 Best Hospital | Queen Mary Hospital provides comprehensive healthcare services. |
| 🧘 Yoga & Wellness Centers | Pure Yoga located nearby offers various classes for all levels. |
| 🏋️ Gyms & Fitness Centers | Fitness First and Anytime Fitness are popular options in Sheung Wan. |
| 🧺 Laundry Services | Local laundromats such as Laundromat & Dry Cleaning offer convenient services. |
Food and Drink
| 📱 Best Food Delivery App | Deliveroo and Foodpanda dominate the food delivery scene. |
| 🍽️ Best Local Dish to Try | Dim Sum and roasted goose are must-tries in the area. |
| 🍱 Vegan/Vegetarian Options | Places like The Veggie Room and Loving Hut cater to plant-based diets. |
| 🍫 Best Dessert Spots | Fang Shing Dessert serves traditional Cantonese desserts. |
| 🛒 Affordable Shopping Spots | Local markets like Cat Street sell snacks and souvenirs at affordable prices. |
| 🛒 E-commerce/Online Store | HKTVmall and Amazon are popular online shopping platforms. |
| 🛒 Grocery Delivery | Deliveroo also delivers groceries from stores like Wellcome and ParknShop. |
| 🍸 Bar/Nightlife Area | Lan Kwai Fong, just a short distance away, is famous for nightlife. |
| 🍻 Local Brewery | Hong Kong Beer Co. offers various local brews and tours. |
| 🍷 Wine Bars | Wine on Tap is a popular venue for wine lovers. |
| 🍲 Street Food Stalls | Street stalls in Sheung Wan offer tasty options like egg waffles and fish balls. |
| 🍕 Popular International Cuisine | Sheung Wan features a variety of international cuisines - from Vietnamese to Japanese. |
Culture and Attractions
| 🎟️ Must-See Landmarks | Man Mo Temple, Hong Kong Museum of Medical Sciences are iconic spots in the area. |
| 🏛️ Museums & Art Venues | Hong Kong Museum of History and Asia Art Archive are great visits. |
| 🏰 Historical Sites | The Old Central Police Station is a historical landmark worth visiting. |
| 🕍 Religious Sites | The iconic Man Mo Temple is steeped in history and culture. |
| 🎉 Annual Events | The Chinese New Year Parade and Hong Kong Arts Festival highlight the cultural scene. |
| 🎨 Cultural Districts | PMQ (Former Police Married Quarters) is a creative hub for local artisans. |
| 🎭 Theater Venues | The Hong Kong Arts Festival often hosts events in various local theaters. |
| 🛍️ Local Markets | Tai Ping Shan Street Market offers local handicrafts and food. |
| 🎼 Music Scene | Live music venues like The Wanch provide local music experiences. |
| 🎨 Street Art | Sheung Wan features various murals and urban art installations. |
| 🧑🍳 Cooking Classes | Hong Kong Foodie Tours offer cooking classes focusing on local cuisine. |
| 👩🎨 Art Galleries | Cattle Depot Artist Village showcases local artists. |
| 🕰️ Historic Buildings | The former Central Police Station, now a heritage site, illustrates colonial architecture. |
| 🏴 Local Heritage | The Mid-Levels Escalator showcases the city’s unique landscape and locals' daily life. |
Nature and Outdoor Activities
| 🌅 Nearby Nature Escapes | Victoria Peak offers stunning natural landscapes and city views. |
| 🏞️ National Parks Nearby | Sai Kung National Park offers beautiful trails and beach access. |
| 🚲 Cycling/Walking Paths | The Hong Kong Trail provides scenic views and a great walking experience. |
| 🌄 Scenic Viewpoints | Sky 100 and Victoria Peak are major viewpoints for stunning vistas. |
| 🦉 Birdwatching Locations | Wetland parks in the New Territories are popular birdwatching spots. |
| 🔥 Bonfire-Friendly Spots | Designated areas at beaches such as Repulse Bay allow bonfires. |
Other Services and Amenities
| 📦 Parcel Delivery Service | DHL and HK Post offer reliable parcel services. |
| 🛠️ Tech Repair Services | iFuture and other local shops provide quick tech repair services. |
| 🏓 Table Tennis Spots | Various community centers around Sheung Wan include table tennis facilities. |
| 🧑🏫 Language Classes | Language schools like The Mandarin House offer classes for various languages. |
| 📚 Libraries & Study Spots | The Hong Kong Central Library is a great place for quiet study. |
| 🏘️ Community Centers | Sheung Wan Community Center hosts various events and activities. |
| 🕹️ Gaming Lounges | K-Box and other lounges provide gaming experiences. |
| 🎰 Casino & Gaming Halls | There are no casinos in Sheung Wan, but nearby ferry services connect to Macau for gaming. |
Business
| 🏢 Studio Purchase Price (City Center) | Approx. HKD 25,000 per m² (e.g., 40 m² = HKD 1,000,000) |
| 🏢 Studio Purchase Price (Outside City) | Approx. HKD 18,000 per m² (e.g., 40 m² = HKD 720,000) |
| 🏠 1-Bedroom Purchase Price (City Center) | Approx. HKD 30,000 per m² (e.g., 60 m² = HKD 1,800,000) |
| 🏠 1-Bedroom Purchase Price (Outside City) | Approx. HKD 22,000 per m² (e.g., 60 m² = HKD 1,320,000) |
| 🏡 2-Bedroom Purchase Price (City Center) | Approx. HKD 35,000 per m² (e.g., 80 m² = HKD 2,800,000) |
| 🏡 2-Bedroom Purchase Price (Outside City) | Approx. HKD 25,000 per m² (e.g., 80 m² = HKD 2,000,000) |
| 💼 Corporate Tax | 16.5% |
| 💵 Dividend Withholding Tax | 0% for residents. |
| 🏦 Tax System | Territorial tax system; only income sourced in Hong Kong is taxed. |
| 📈 Highest Income Tax Bracket | 17% for income above HKD 200,000. |
| 🧾 VAT | General sales tax is not applicable in Hong Kong. |
| 🌐 Controlled Foreign Company (CFC) Rules | No special CFC rules; income earned offshore is not taxed. |
| 🏠 Property Tax | Property tax at 15% of rental income. |
| 🏠 Property Transaction Tax | 15% for non-first-time buyers and 0% for first-time buyers. |
| 💻 Attractive Tax System for Digital Nomads | Low tax burden and no capital gains tax make it attractive for digital nomads. |