Homes Newsletter Property

June Hong Kong property: Hong Kong homes and apartments to buy and rent in Hong Kong

There’s no place like home. With an unexpected real rebound on the secondary market over Easter, the Hong Kong homes and Hong Kong property market has seen increases in sales of up to 90 percent compared to the same period last year. This dramatic buying frenzy may be due to the slashed prices from owners wanting to dispose of their properties while the market was hot. The period has seen deals closed between major houses and developers in spite of the double stamp duty imposed just a year ago. Despite the fact that the construction industry has boomed, developers need to make new plans for where to develop or redevelop in the primary market, since Hong Kong is always in need of new real estate.

While leasing has been very clogged for the first two quarters of this year, the summer has finally welcomed a few rare pieces of HK property on the market, especially on some prime and highly sought-after locations. As many clients are chasing similar products, it’s always an elbow-fight among those in the industry to find the perfect property HK. In spite of rarity, though, there’s always a roof for everyone.

EXCLUSIVE FAMILY RETREAT

District                         Tai Po

Rent/Sale:                  $55,000 / $24.5M

Size:                           1,902 sq. ft

Bedrooms:                  5 (1 ensuite)

Bathrooms:                 2

This spacious five-bedroom house in exclusive Beverly Hills is move-in ready. A stunning private roof and terrace offers great views of the country park and sea, while the attached facilities are every child and parent’s dream.

HOMELY APARTMENT

District                         Yau Yat Chuen

Rent:                           $48,000 excl.

Size:                            1,197 sq. ft

Bedrooms:                   3 (1 ensuite)

Bathrooms:                 2

A gorgeously renovated apartment with a huge balcony, modern kitchen, built-in wardrobes in every bedroom, set in a tranquil location not far from sporting grounds.

INVESTMENT OPPORTUNITY

District                         Discovery Bay

Sale:                            $7.8M

Size:                            876 sq. ft

Bedrooms:                  3 (1 ensuite)

Bathroom                    2

With stunning sea views to Disneyland and beyond, this designer-renovated and spacious apartment boasts a superb kitchen with high-end appliances and spa-style bathrooms.

CHARMING APARTMENT

District            :            Mid-Levels West

Rent/Sale:                   $38,000 incl / $9.8M

Size:                            702 sq. ft

Bedrooms:                  2 (both ensuite)

Bathroom:                   2

This renovated apartment with character on Mosque Junction offers a spacious living and dining room with a semi-open kitchen, plus a wall of built-in cabinets, coffee table and study desk, and two bedrooms with ensuites.

BEAUTIFUL CITY ESCAPE

District                         Pokfulam

Rent/Sale:                   $32,000 / $11.3M

Size:                            614 sq. ft

Bedrooms:                  2 (1 ensuite)

Bathroom:                   1

Located in a great spot in Pokfulam, this must-see flat has been decorated very tastefully.

 

To view properties, contact Letizia Casalino, Hong Kong Sotheby’s International Real Estate, at +852 3108 2108.

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