Dhaka most expensive city in South Asia for expats: survey

[Donatello]

Karachi has always been cheap. There is nothing you cannot find here to eat, buy or sell.

 

[Basel]

Influx of huge population.

It can not be that reason as Karachi face much higher influx of population, we have large numbers of bangalis, beharis, bermies, afghans and many other foreign nationals living illegally in Karachi, further Karachi is hub of business so people from all over Pakistan love to come and work here, if any disaster hit Pakistan most people like to migrate to Karachi and still it is cheap to live here, as many said in Urdu "Karachi Ghareeb Parwar Shahar hai".

Why Dhaka is so expensive that is surprising, Mumbai or any Indian metropolitan city to me may got that place as their economy is rise fast and they are their business hubs.

 

[Bong]

It can not be that reason as Karachi face much higher influx of population, we have large numbers of bangalis, beharis, bermies, afghans and many other foreign nationals living illegally in Karachi, further Karachi is hub of business so people from all over Pakistan love to come and work here, if any disaster hit Pakistan most people like to migrate to Karachi and still it is cheap to live here, as many said in Urdu "Karachi Ghareeb Parwar Shahar hai".

Why Dhaka is so expensive that is surprising, Mumbai or any Indian metropolitan city to me may got that place as their economy is rise fast and they are their business hubs.

Its mindset. Dhaka people are much more opportunist. They want to be rich overnight with less effort.

 

[Judge]

More glaring is how Bombay and New Delhi have gone down drastically over a year.. And Dhaka getting more expensive.. Any reasons ??

Why are things so expensive in Dhaka?

Probably because the five star hotels in Dhaka have the highest rates in South Asia, especially the international chain hotels.

I think its to do with lack of competition in Bangladesh, which is because the country is less developed now. Since there would be very few players in the the high end market as the size is small - from hotels to eatables, it would mean very high pricing.

India was also more expensive (vis-a-vis) others for high end goods(from houses to amenities), so was China. As the market starts growing, more players will enter - that means many dozens of 5 stars to high end condos and all. Consequently prices will down. They have in India.
Would you believe average hotel prices of 4 and 5 stars in China are still lesser than in India.

 

[Bong]

I think its to do with lack of competition in Bangladesh, which is because the country is less developed now. Since there would be very few players in the the high end market as the size is small - from hotels to eatables, it would mean very high pricing.

India was also more expensive (vis-a-vis) others for high end goods(from houses to amenities), so was China. As the market starts growing, more players will enter - that means many dozens of 5 stars to high end condos and all. Consequently prices will down. They have in India.
Would you believe average hotel prices of 4 and 5 stars in China are still lesser than in India.

Yes this is the cause and everything in BD is centralized to Dhaka

 

[extra terrestrial]

I think its to do with lack of competition in Bangladesh, which is because the country is less developed now. Since there would be very few players in the the high end market as the size is small - from hotels to eatables, it would mean very high pricing.

India was also more expensive (vis-a-vis) others for high end goods(from houses to amenities), so was China. As the market starts growing, more players will enter - that means many dozens of 5 stars to high end condos and all. Consequently prices will down. They have in India.
Would you believe average hotel prices of 4 and 5 stars in China are still lesser than in India.

Not a convincing logic. I believe Mumbai and Delhi are served with more "players" than any other city in India, yet they are the most expensive ones in the country.

I guess the study should have included Chittagong as well, there are more foreign expatriates than Dhaka.