Moving to Hong Kong? Or looking for a new apartment or home? Our real estate guru and property agent Letizia Casalino of Hong Kong Sotheby’s International Realty gives us the lowdown on the October 2014 property market. Chcck out their property listings below.
This summer has seen a replenishment of new developments opening in prime locations across Hong Kong Island and Kowloon in the first-hand sale market, bringing exciting, positive and interesting transactions. Although developers would like to see more offers materialise, a large number have released brochures with the launch of new projects. Despite a number of units remaining unsold, the sentiment remains optimistic amongst developers who are hopeful of seeing the trend continue.
It’s exciting, too, to see a great rebound in the secondary market, perhaps due to the lower supply in the primary market. Record sale prices demonstrate a true upward swing in this market. The interest of buyers and investors has increased again and, hopefully, will continue to do so, which means the government is unlikely to consider removing cooling measures in near future. Most vendors are staying firm with their asking prices and are unlikely to bargain.
Stylish Sought-after Duplex – [Listing ID 106274]
District: Sheung Wan
Size: 753 sq. ft
Bedrooms: 1 (ensuite)
This rare duplex apartment in a character-filled low-rise building along trendy Upper Station Street is stylishly and efficiently renovated with lots of storage space and light wooden flooring. It has an exclusive rooftop terrace that can be accessed by internal staircases.
Tranquil Townhouse – [Listing ID16024]
Sale/Rent: $80M / $16,000 incl.
Size: 2,199 sq. ft
Bedrooms: 4 (2 ensuite)
This lovely garden townhouse has practical living areas and abundant natural light. The outdoor space includes a rooftop and private garden, with access to a resort-style swimming pool. Two covered car parks are provided.
Rare Happy Valley Duplex – [Listing ID 84415]
District: Happy Valley
Size: 624 sq. ft
This is a unique duplex featuring modern décor and an open kitchen. It has bright, airy living spaces, as well as a private rooftop that is perfect for entertaining.
Dynamic Victoria Harbour – [Listing ID 94143]
District: Sai Ying Pun
Size: 910 sq. ft
Bedrooms: 2 (both ensuite)
Tastefully decorated throughout with high-end finishes, this apartment has a second ensuite bathroom with Jacuzzi. The kitchen is fully equipped with built-in appliances.
Wonderful Open Views – [Listing ID126040 (Sole Agent)]
Size: 876 sq. ft
Bedrooms: 2 (1 ensuite)
A classic colonial apartment whose renovations have resulted in bright and airy living and dining rooms. The modern, open kitchen has built-in appliances.