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Old 10-06-2014, 05:34 AM
 
6 posts, read 7,025 times
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Extremely expensive, more expensive than other high-income economies in Asia.
Look at the GDP per capita of Macau, it kind of tell you the prices of things(Including the service you mentioned) there compared with other places.
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Originally Posted by Davy-040 View Post
How do P4P prices compare to Bangkok?
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Old 10-06-2014, 05:38 AM
 
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The casino areas in eastern macau peninsula and cotai are newly reclaimed lands with all the massive casinos and the old town is extremely old. Macau's history is much older than many other cities. It resembles a slum area in Portugal, not a good image.
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Originally Posted by aznkobee View Post
Just visited Macau and it didn't live up to the hype. Vegas of Asia? They are 100 yrs away with mostly rundown ghetto apartments stuck in the 1940s
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Old 10-06-2014, 08:45 AM
 
Location: Macao
15,945 posts, read 36,149,597 times
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Originally Posted by freakoup View Post
The casino areas in eastern macau peninsula and cotai are newly reclaimed lands with all the massive casinos and the old town is extremely old. Macau's history is much older than many other cities. It resembles a slum area in Portugal, not a good image.
What are you referring to as 'Old Town'?

Senado Square? If so, that's one of the most beautiful areas of Macau....most of what is 'old' is UNESCO-protected for it's colonial beauty and history.
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Old 10-06-2014, 10:16 AM
 
Location: Eindhoven, Netherlands
10,422 posts, read 12,412,038 times
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Quote:
Originally Posted by freakoup View Post
Extremely expensive, more expensive than other high-income economies in Asia.
Look at the GDP per capita of Macau, it kind of tell you the prices of things(Including the service you mentioned) there compared with other places.
GDP per capita doesn't necessarily tells you what the P4P prices in that country are.
Singapore (GDP (PPP) per capita: 65k) is rich too but prices plus service is way better than in the Netherlands (GDP (PPP) per capita: 43k).
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Old 06-06-2019, 08:01 AM
 
131 posts, read 8,810 times
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Macau doesn't have many western supermarkets where they claim the ingredients of salads and sandwiches are all from western countries and cheese, wheat flour, fruits , meat and vegetables are from western countries.

Such food imported from western countries are more expensive than those from Asia. The western residents in HK can afford buying them oftenly because of their high income.

Many westerners in mainland China buy these food when they come to HK.
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Old 06-06-2019, 10:02 AM
 
Location: Macao
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Originally Posted by Tomboy- View Post
Macau doesn't have many western supermarkets where they claim the ingredients of salads and sandwiches are all from western countries and cheese, wheat flour, fruits , meat and vegetables are from western countries.

Such food imported from western countries are more expensive than those from Asia. The western residents in HK can afford buying them oftenly because of their high income.

Many westerners in mainland China buy these food when they come to HK.
Yeah, the foreign foods in Macau are expensive; but they are also expensive in HK as well. That's all true.

Salaries. I'm living in Macau, and if I were to do my same job in HK, I'd take a sizable pay-cut, and my housing costs would go up. I'd also lose the many gov't subsidies that Macau gives to it's residents for nearly free education, low-cost buses, and a yearly 'bonus'.

That being said, if we're talking bankers, HK has that market and they'd be some of the best-paid anywhere in the world. So if there are comparative figures overall, I'm sure HK would win those figures. But, not sure if a person took the same job and compared the two cities with that particular salary.

Western supermarkets - they are better in HK, for sure, but HK is one of the world's Top Cities for all things considered. (I always put NYC, London, HK, and Tokyo as the four cities in the world that most money flows through). So, yeah, HK having that status, and having 25x more the people in it, then yeah, HK is going to kick Macau's ass in availability of western and foreign goods. It is a treat every time I get over to HK on a gastronomical-level.
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Old 06-06-2019, 10:57 AM
 
Location: Miami-Jax
6,312 posts, read 6,965,178 times
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Originally Posted by Tiger Beer View Post
Yeah, the foreign foods in Macau are expensive; but they are also expensive in HK as well. That's all true.
Yeesh you are right. I have been to a few of those extremely expensive restaurants in Macau. Was not expecting it. Especially as I have had some really good, cheap eats as well.
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Old 06-06-2019, 01:18 PM
 
Location: Honolulu
1,356 posts, read 545,573 times
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The only items cheap in Macau's supermarket are the stuff imported from Portugal, i.e. Red Wine, Frozen Mackeral.

Dining is expensive, even more expensive than Hong Kong. The only food relatively cheap is like Vegas -- the buffet in casinos.

But their income is generally much less than Hong Kong's. And the only good jobs available are either government or casino.
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Old 06-06-2019, 08:09 PM
 
Location: Macao
15,945 posts, read 36,149,597 times
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Quote:
Originally Posted by projectmaximus View Post
Yeesh you are right. I have been to a few of those extremely expensive restaurants in Macau. Was not expecting it. Especially as I have had some really good, cheap eats as well.
Many student-types and low-wage earners in Macau quite consistently go to Zhuhai to eat in their significantly cheaper restaurants.

I'm a bit shocked everytime I cross the border, and pay 35 Yuan for a great meal as opposed to a regular 100+ MOP/HKD in Macau.
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Old 06-06-2019, 09:47 PM
 
Location: Miami-Jax
6,312 posts, read 6,965,178 times
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^Good to know

New question but I guess this is kinda in keeping with the thread...what do you know about the special economic zone of "Hengqin New Area?" What are the benefits and incentives for doing business there?

I guess we will be finding out in a couple months (when we visit and our friend who operates his business there gives us the scoop and tries to recruit us to the island) but just curious to get other opinions.
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