Will the government’s new Hong Kong property cooling measures really ease the real estate market? Buyers and vendors alike are eagerly anticipating its favourable effect, yet many property investors continue to ask themselves whether a positive turn in the real estate market will be fleeting or whether the Hong Kong Government may ease on its decision to implement new property legislation opposed to its new ruling a little more than a year ago.
We have seen a significant increase in real estate investments being made overseas, with a special focus on Europe property, which may be marginally influenced by the Golden Visa, making it highly advantageous for non-residents to purchase real estate in certain countries where property prices tend to be more competitive than in Hong Kong. Nevertheless, the market remains dynamic as first-hand and secondary market sales transactions continue to be registered, given the most recent positive sales activities from this summer.
Despite the shortage of available rental properties in the prime residential areas resulting from the fluctuating sales market, we remain active in monitoring the latest market trends and sourcing the right properties for clients.
Check out this month’s hot properties available in Hong Kong
Plenty of Character
District: Mid-Levels West
Size: 805 sq. ft
Bedrooms: 2 (1 ensuite)
This is an apartment with character, and one that offers an efficient combined living and dining room, with a fully fitted open kitchen to help make cooking practical and enjoyable. It’s also equipped with nicely renovated bathrooms.
Rare Family Retreat
Sale/Rent: $80M / $16,000 incl.
Size: 2,438 sq. ft
Bedrooms: 4 (1 ensuite)
Located in the heart of Stanley, this fully renovated duplex offers a split-level living and dining room, with all four bedrooms on the first floor. There’s also a lovely garden and spacious backyard to bring the family together.
Feel at Home
District : Mid-Levels
Size: 1,166 sq. ft
Bedrooms: 3 (1 ensuite)
The good location makes it ideal for families or as an investment. With stunning green views from the balcony, plus a semi-open kitchen and renovated bathrooms, it’s a place with a wonderful homey feel.
District: Tai Tam
Sale/Rent: $95M / $150,000 incl.
Size: 2,743 sq. ft
Bedrooms: 3 (all ensuite)
An exquisite home offering Mediterranean-style living at its best, with a beautiful garden along with amazing views of the water and hills beyond. This elegant triplex presents a great property opportunity to make your own.
District: Discovery Bay
Size: 876 sq. ft
Bedrooms: 3 (1 ensuite)
A renovation has superbly transformed this property. An open kitchen with high-end appliances provides excellent space for indoor gathering and dining, while bathrooms have been converted with spa-type showers and baths. Magnificent views to Disneyland, Kowloon and Hong Kong Island.