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Expatriate Health Insurance News: Trendy expat enclave emerging in Hong Kong

One of the earliest British settlements in Hong Kong is turning into a thriving expatriate enclave, with businesses owned by a wide variety of foreigners.

The area around Po Hing Fong has been given the trendy moniker PoHo and is slowly building up a reputation for itself, the Globe and Mail reports.

Despite being located close to the likes of Hollywood Road and SoHo with their buzzing entertainment options, PoHo has struck a lively yet tranquil balance.

The quiet streets with their narrow walkways and Blake Garden are perfect for escaping the heat of a Hong Kong summer.

Many of the businesses in the area are owned by expats, with cafes, bakeries, perfumeries and hairdressers run by people from Austria, Paris and beyond.

There are, however, glimpses of what life has always been like in the area, with Chinese men set about making things out of metal in doorways and the sound of clanging hammers.

For the past two years, German expat Maximilian von Poelnitz has organised the PoHo Bazaar – a street festival celebrating the community that has evolved in the area.

In 2012 there was an attendance of around 700 people, but this year the figure jumped to 1,500, showing that there is an appetite for such an event.

Mr von Poelnitz told the news provider: "We were refused a licence, but I decided to throw the event anyway. We want to build a better understanding around city life.

"The government needs to co-operate with neighbourhoods to give people a better balance."

One of the downsides for residents is that the growing popularity of the area is meaning their rent is increasing, with some saying it has doubled in three years.

As it becomes more gentrified PoHo attracts more attention, which in turn means larger numbers of visitors and a flourishing business for those companies in the area.

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