Population and Demographics
More than 60,000 people live in Taikoo Shing, a moderately concentrated area by Hong Kong standards.
Apartment flats in Taikoo Shing are popular amongst buyers and speculators, and for a significant time in the 80's and 90's, Taikoo Shing's housing price is a general indicator of the of Hong Kong's housing market health in general. Although in recent years, newer housing developments have eroded a bit of Taikoo Shing's once prominent status.
The estate is also a very sought-after place to live for the Japanese and Korean expatriate communities in Hong Kong, most of which are staffed in multinational corporations based in Hong Kong. As a result of this significant Korean and Japanese settlement, the area has many Korean and Japanese-themed service establishments.
Read more about this topic: Taikoo Shing
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“This was the Eastham famous of late years for its camp- meetings, held in a grove near by, to which thousands flock from all parts of the Bay. We conjectured that the reason for the perhaps unusual, if not unhealthful development of the religious sentiment here, was the fact that a large portion of the population are women whose husbands and sons are either abroad on the sea, or else drowned, and there is nobody but they and the ministers left behind.”
—Henry David Thoreau (1817–1862)