Living Here Living In Hong Kong Property

5 COOL PLACES TO LIVE IN HONG KONG

We caught up with Laurie Lankester, Director of Residential Leasing and Relocation Services at Jones Lang LaSalle Limited (JLL) to see what’s on the market in Hong Kong.

As we enter the final quarter of 2018, the leasing market has taken on a slightly slower pace, with fewer new arrivals coming to settle their families into their new schools and jobs. As yet, the market has not seen any signs of a downward turn in rental levels, which have remained mainly stable or even marginally higher over the peak season.

There continues to be speculation around various factors that could contribute to a more significant shift in market sentiment, including the impending vacancy tax, the US-China trade war and rising interest rates. The Hong Kong Government rejected all five tenders for the Mansfield Road site on The Peak that it received on the basis that none of the tendered premiums met its reserved price for the site. This incident might be a sign that market sentiment is taking a different direction.

With a gradual increase in the number of properties designed to appeal to the expat community in the New Territories, families are often keen to explore the options open to them by looking at places other than on HK Island, especially as more international schools open in the northern part of the territory. The gap between rental values in Clearwater Bay and Sai Kung compared to HK Island and rest of the New Territories appears to be narrowing.

Sense of space

Area: Jardine’s Lookout
Rent: Negotiable
Size: 2,465 sq. ft
Bedrooms: 5
Bathrooms: 3
Property reference number: 59369
Updated date: 12-Dec-18

This beautiful apartment is highlighted by very high-quality finishes. It offers wonderful views across Victoria Harbour and spacious living literally minutes from Causeway Bay, and close to Central and Tai Koo. Full clubhouse facilities complete the picture and make this a perfect choice for families.

Luxurious Apartment

Area: Happy Valley
Rent: $128,000
Size: 2,531 sq. ft
Bedrooms: 4
Bathrooms: 3
Property reference number: 18256
Updated date: 10-Dec-18

Spacious and luxurious four-bedroom residential property in mid-rise apartment complex in an ideal location on Blue Pool Road in Happy Valley. The neighbourhood is a desirable, high-end residential area close to the CBD in Central and Causeway Bay, and is walking distance to shops, restaurants and public transportation. Rare opportunity to rent this superb home.

Exclusive duplex

Area: Repulse Bay
Rent: $188,000
Size: 3,463 sq. ft
Bedrooms: 3
Bathrooms: 3
Property reference number: 22710
Updated date: 11-Dec-18

This duplex property boasts a waterfront position in a sought after exclusive development overlooking Repulse Bay and beyond. There’s a large entertaining area upstairs, and three bedrooms and a dressing room/study downstairs. Residents can make use of the indoor swimming pool, gym and children’s play areas.

New & notable

Area: Repulse Bay
Rent: $98,000- $400,000
Size: 1,305-5,847 sq. ft
Bedrooms: 2-5
Bathrooms: 1-4
Property reference number: 32805
Updated date: 12-Dec-18

The Lily is a new kind of luxury residence in Hong Kong and offers the chance to escape the city and relax in comfort and style. From the breathtaking views over Repulse Bay and the South China Sea to the detail that can be found in every single unit, this a residence that makes coming home a rewarding part of your day.

High-end Development

Area: Tin Hau
Rent: $115,000
Size: 1,187 sq. ft
Bedrooms: 4
Bathrooms: 2
Property reference number: 59372
Updated date: 12-Dec-18

This is a four-bedroom apartment in a fabulous, modern development located within walking distance of Tin Hau MTR Station. Completed in 2016, this new high-end development composed of five blocks is complete with an attached clubhouse and other recreational facilities such as a large swimming pool and well-equipped gym facilities.

For more information on these and other properties, contact 2846 5797 or email Laurie.Lankester@ap.jll.com | jllresidential.com

 

See more in our property section

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Living the high life in Hong Kong

5 tips for renting property in Hong Kong

This article first appeared in the December/January 2018/19 issue of Expat Living magazine. Subscribe now so you never miss an issue.