BONNIE CHAN, Associate Director Colliers International Hong Kong, gives us the lowdown on the Hong Kong property market and shares details of five fantastic homes for sale and lease.
Despite market uncertainties, residential rents remained positive during the second quarter, supported by solid leasing demand and limited supply. Traditional districts such as South Side, Mid-Levels and Pok Fu Lam continue to be popular for families, whereas areas like Sai Ying Pun, Kennedy Town and Sheung Wan are more favourable for smaller-sized families or young professionals.
It’s worth noting, too, that we are seeing more corporate owners offering a furniture package when leasing an apartment. This gives an option for tenants to easily move straight in with just their suitcase, which adds plenty of convenience.
Properties for sale and rent
An urban oasis
In a brand new building with a gym, banquet room and landscaped garden, this two-bedroom apartment with balcony is nestled between the glitz of Central and the greenery of Pok Fu Lam. It’s a three-minute walk to Sai Ying Pun MTR station (Exit C). A furniture package and bespoke services are available on request at extra cost.
Area: Sai Ying Pun
Rent: $46,200 incl.
Size: 551 sq. ft
Reference ID: 180193
Aegean Terrace is located at the end of a cul-de-sac on Pok Fu Lam’s most premium address. The property enjoys continued capital growth and popularity due to lifestyle offerings and investment potential. There’s 24-hour security with gated access and a carpark. All bedrooms have ensuite bathrooms; they also enjoy direct sea views, as does the living room.
Area: Pok Fu Lam
Size: 1267 sq.ft
Reference ID: 179749
This is a newly renovated apartment building in a leafy prestigious location on MacDonnell Road. The apartment has panoramic views of the city skyline and is within walking distance of the Peak tram and Central Business District. The full designer renovation includes a large combined living and dining room with lots of natural lighting and a spacious balcony for alfresco dining.
Area: Mid-Levels Central
Rent: $98,000 incl.
Size: 1,711 sq. ft
Reference ID: 179804
This unique duplex penthouse features an open-plan living and dining room with amazing balcony space, a spacious private rooftop terrace and two car parking spaces. The bedrooms have been designed with ample storage and views from every window – the master bathroom even has a sauna room – and the fully-fitted kitchen includes state-of-the-art appliances. Onsite facilities include an outdoor swimming pool and 24-hour security.
Area: Repulse Bay
Sale/Rent: $198,000,000 / $200,000 incl.
Size: 2,215 sq. ft
Reference ID: 104315
This town house is tastefully renovated with a semi-open-plan kitchen, enlarged master ensuite and lots of storage. It’s close to the Repulse Bay Arcade and The Pulse, with plenty of different restaurant options and supermarkets. Ocean Park MTR Station is 10 minutes away, while the Wan Chai area is 15 minutes away.
Area: Repulse Bay
Rent: $250,000 incl.
Size: 2,526 sq. ft
Reference ID: 179345
For more detail on these Hong Kong properties or to see more options, go to colliersresidential.hk.
See more in our Living in Hong Kong section:
This article first appeared in the October/November 2019 issue of Expat Living magazine. Subscribe now so you never miss an issue.