Every time I gather with friends in Hong Kong, it's hard to avoid comparisons between Hong Kong and Singapore, especially since I always suggest picking Singapore if I have to choose between the two.
Hong Kong is 50% larger than Singapore, and the population per unit area is 20% lower than Singapore, yet Hong Kong still looks very crowded. In fact, if you exclude about 40% of Hong Kong's countryside and mountains, the actual usable area of Hong Kong is roughly similar to that of Singapore, but it is clear that Singapore is much more spacious.
In the few days spent in Hong Kong, there was traffic almost every day. Drivers say traffic jams are the norm in Hong Kong, whereas there is almost no concept of traffic jams in Singapore; you can reach any coordinate in Singapore within 30 minutes.
Many friends say Singapore is too small and has little entertainment available, but few people say Hong Kong is too small, which is actually the biggest difference between the two cities.
The smallness of Hong Kong comes from the overcrowding brought about by a high-density commercial society. In contrast, the smallness of Singapore is a sense of boundaries brought about by limited geographical area.
Too many things are crammed together in Hong Kong. People are crowded together, cars are crowded, buildings are crowded, businesses are crowded, and living space is clearly compressed. While one might feel that Hong Kong is very bustling, this prosperity actually comes with a sense of ongoing oppression.
The problem in Singapore is the opposite; the planning in Singapore is better and more orderly. Particularly, the high cost of owning a car results in very few vehicles on the road, giving it a feeling of lacking a local vibe and street life.
In Hong Kong, there are places like Chungking Mansions that offer exploration, places like Lan Kwai Fong filled with alcohol and desire, Central with its financial order and capital efficiency at its peak, and areas like Mong Kok, Sham Shui Po, and Tsim Sha Tsui that are full of real-life experiences.
Before the pandemic, I really liked Hong Kong; the street food at that time was delicious, and Hong Kong was my go-to destination for solo vacations. Only in Hong Kong was I willing to spend an entire day wandering around. Actually, every time I go to Hong Kong, as long as I don’t have a tight schedule, I walk for several hours. However, regarding Hong Kong now, although I still enjoy walking, I can no longer feel the "vitality."
After the pandemic, I prefer Singapore. The cost of living in Singapore is similar to that in Hong Kong, both belonging to the very "expensive" category. This time in Hong Kong, I roughly calculated the cost needed for a similar lifestyle. Singapore might be slightly higher, but the difference isn't significant.
Compared to Hong Kong, Singapore's biggest advantage is its spaciousness, not only in a physical sense but also in terms of political and regulatory freedom. Although both Hong Kong and Singapore have no capital gains tax, there is always an unshakable “cloud” over the tax situation in Hong Kong.
My thought is quite simple: if you're worried about being subject to a system of reckoning, then the further away you are from that system, the better.
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