China, Britain, again China ... Hong Kong had many landlords, or many landlords had Hong Kong, doesn't really matter since the city is the one of a kind, and there is no other. There are many places and cities on the planet very suitable for rest and tourism, but only few among them serve as history and time checkpoints: NY, London, Paris, Rio and... Hong Kong. Cosmic panorama of one of the most densely populated places in the world is fitted into a small piece of harbor. The city is really fantastic: sky-scrapers, glass, concrete and metal, parks and beaches, high-ways and ocean-liners. Don't forget this city is always in the top 10 among the most expensive cities in the world. Even though this fact might give you some overall idea of the general price level (USD 5 per a cup of coffee is a common thing), we can assure you that Hong Kong offers a great opportunity for all pockets in terms of finding apartments in Hong Kong - from budget accommodation in Hong Kong to fabulously luxury Hong Kong apartments. Again, since land is very expensive, don't expect that rooms in cheap hotels in Hong Kong will be large in terms of actual living space.
Well developed tourism and hotel industry in Hong Kong made this city a Mecca for tourists. You will notice a friendly local population speaking good English. Fancy and budget hotels in Hong Kong offer you comfortable and safe service; almost all of them have gyms, swimming pools and gardens on the roofs. Hotels in the center of Hong Kong have shuttle buses running regularly the same popular routes (all included).
Actually, Hong Kong itself is an endless tour: Peak Victoria, lots of observation decks, museums, parks, tax-free shopping, gulf clubs, race tracks (automobile and horses) and casinos. Indeed, Hong Kong is full of spectacle race/gambling opportunities to test your lucky star.
An interesting point - right in your hotel in Hong Kong you can easily hire a junk, a boat or a helicopter, but you cannot rent a car. In the night time you can easily get lost in the ocean of night lights - disco clubs, jazz and blues clubs, casinos, saloons, pubs and boutiques will swallow you. Ocean Park is a great chance for you or your family to spend a nicest time.