Have you been thinking about living in Kowloon? Long considered Hong Kong’s “dark side” by locals, Kowloon is undergoing a huge amount of change.
Stella Abraham, Head of Residential Leasing & Relocation Services National Director Jones Lang LaSalle Limited (JLL), shares her expertise on what is happening in the market in our regular updates. As a resident of Kowloon she has first-hand knowledge of the changes happening on Kowloon side.
“I live in Kowloon, often referred to as the “dark side” of Hong Kong. But things are changing, and we believe that the dark side is not quite so dark anymore! In fact, there are lots of things happening that are adding colour and shape to the local property market. For starters, there are a total of seven new international schools due to open their doors between now and autumn 2018! Plus, the successful extension of the Whampoa MTR line is improving connectivity to the area, and the gentrification of many old neighbourhoods with extensive development projects in Kowloon West and Kowloon East is also very attractive to the influx of international offices and white collar workers in Kowloon East.
That’s not to say the traditionally popular districts on Hong Kong Island such as Mid-Levels, Southside, Happy Valley and Discovery Bay are no longer the top choice of many expats when relocating. Their proximity and convenient transport links to the CBD and established international schools are difficult to beat when compared to other areas around town. However, with all the recent redevelopment and restructuring of Kowloon and New Territories, we’ve seen areas like Tuen Mun, Ho Man Tin, Tai Po, Tseung Kwan O and, eventually Kai Tak, gradually becoming more popular international neighbourhoods.
The opening of Harrow International School in 2013 prompted a brand new demand for property in So Kwun Wat and Tuen Mun. We saw families as far as the Southside of Hong Kong Island and Discovery Bay start to explore Kowloon West because of the convenience it offered for their children. Now, with the anticipated opening of Stamford International School in Ho Man Tin in just a couple of months, we believe that the property in this area will be highly sought after. So, have a look at our featured properties in this issue; they’re all on the “dark side”, but we think they hold the same level of luxury, convenience and comfort as you might find on Hong Kong Island.”
Here’s a sample of what’s available to rent on the market:
Ideal Family Home
Area: Tuen Mun
Rent: HK$57,000 per month
Size: 1,995 sq. ft
This luxury four-bedroom apartment is an escape from the city, with unbeatable views of the sea and tranquil Pearl Island. It’s also just minutes from famous Golden Beach and an upscale shopping arcade. The development has great clubhouse facilities and is just a five-minute drive from Harrow International School, so it’s also perfect for families.
Area: Ho Man Tin
Rent: $82,000 per month
Size: 980 sq. ft
With multiple bus stops and MTR stations within an eight-minute walking radius, getting around is more than convenient from this new development. It’s also situated on the edge of the vibrant streets of Mong Kok and close to some of the best schools in Kowloon, including King George V School and Stamford International School.
Among the Schools
Area: Ho Man Tin
Rent: $34,500 per month
Size: 1,403 sq. ft
Located on the quiet end of Prince Edward Road, this spacious family home is minutes away from Prince Edward MTR station and nestled amongst a network of some of the most established schools in Kowloon.
Vibrant City Life
Area: Kowloon West
Rent: $55,000 per month
Size: 874 sq. ft
This stylish, furnished three-bedroom apartment features a modern open kitchen and wide balcony with panoramic views of Kowloon. It’s situated on top of Austin MTR station and minutes away from the endless restaurants, shops and entertainment of TST. Well-suited for young professionals and new families who want clubhouse facilities close to the buzz of the city.
Area: Ho Man Tin
Rent: $238,000 per month
Size: 3,109 sq. ft
This stunning colonial house sits on the prestigious Kadoorie Hill. It features a large, fully fitted kitchen with top notch appliances, spacious bedrooms with plenty of storage room, a wide balcony on the second floor and two maid’s quarters separate from the house. The living room also has large French windows that lead out onto a gorgeous front garden. Perfect for families who are looking for peace and privacy amongst the busy streets of Mong Kok.
Want more? Head to our Property section!