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Featured Property: Kingsfield Garden, Fortress Hill

The Area

Fortress Hill is an undiscovered gem, located on the harbor corner of Victoria Park and at the bottom of North Point/Braemer Hill elite school district.

It has been an overlooked area as it is between Tin Hau and North Point, but Serviced apartments Shama And Beak Residences, and the 5 star Harbour Grand have all chosen this area.  The business district on Java Road has also been part of the change.

The Fortress Hill MTR station sits on Kings Road and is accessible to the business and hotel area on the harbor front and to the residences and schools on the uphill side toward Tin Hau Temple Road

The highlight of this apartment is the distinct colonial fee with high ceilings, exposed beams, and commercial grade lighting. There is also a small balcony off the living room offering a little outdoor space. This flat is vacant and available for immediate viewing. Please contact us today to book an appointment

The North Point hill area is well established and mostly owner-occupied spacious apartments.  Kingsfield Garden, our featured property is on a small leafy quiet one-way side street aptly named Comfort Terrace.

Only 4 minutes to transport systems (MTR, bus, and tram) and all amenities and five minutes to Victoria Park

Location

Comfort Terrace is a unique twisty road that acts as a natural sound barrier from the bustle of King’s Road and you are immediately in a quiet green area.

Kingsfield Garden is a low rise building, just 20 flats on 5 floors built-in 1975, but this size apartment so close to the MTR is extremely rare, and very few have been sold since the block was built.

The first two floors are covered carparks and a lift is accessible to all levels.

Interior Highlights

This stylish spacious 3 bedroom, 2 bathroom apartment has a helper room off the kitchen and a covered car park space.

The three bedrooms all have attractive built-in storage and even the smallest bedroom has room for a queen-size bed.

The Kitchen and bathrooms are modern and tiled where the bedroom and living have the traditional parquet

SPECS:

  • Great Location
  • Vacant Possession
  • Age: 1975
  • Size(n): 1175  sq ft net
  • 3 Beds + 2 Bath + Halper Room + Car Park
  • Asking Price: $23.9M

ADDRESS:

  • Kings Field Garden, 1 Comfort Terrace
  • Asking Price $23.9 Million

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Brand New Building by Hong Kong’s Top Developer Now Available for Lease.

Resiglow Pok Fu Lam is the latest development by Hong Kong’s most respected developer Kerry Properties. The building features three different sizes of units from Studios to Three Bedrooms and area available for lease and immediate occupation. Please contact us today for more information and for an appointment for viewings.

Studio Units. 246 sq ft $22,000 LEARN MORE

One Bedroom Units. 314 sq ft $25,000 LEARN MORE

Two Bedroom Units. 551 sq ft $41,000
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Property Highlight: Corona Tower, Mid Levels Soho

This week we feature a recently updated two-bedroom flat in a great location just minutes from the mid-levels escalator and Soho.

The apartment is located on a high floor with open harbor views from both bedrooms and is decorated in simple light floors and walls making this a bright and airy space.

Some of the highlights include a separate dining room/study and a large kitchen with ample countertop space. A real bonus which is not always found in apartments in this price point.

The building itself has a swimming pool and childrens play area and is located next to excellent schools, supermarkets, eateries, and public transportation.

SPECS:

  • Age: 1990
  • Size(n): 700  sq ft net
  • 2 Bed + 1 Study
  • 1.5 Bath

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Invest in Malaysia – Asia’s Next up and Coming Destination

Many HK people are looking to diversify their property holdings and even their residence and several are considering Malaysia as a possible destination.

Malaysia offers a stable and attractive living environment and a long-stay visa called the “Malaysia My Second Home” (MM2H) visa.  According to reported statistics, Hong Kong applications for MM2H visas have gone up in the last few weeks from less than 10 a week to over 700  last week!

This luxury 3,700 sq ft, fully furnished, sub-penthouse duplex apartment in ONEKL which is a prestigious condominium in the exclusive KLCC area of Kuala Lumpur.

  • recently renovated to a very high standard by Hong Kong architects
  • fully furnished and fully equipped, ready to move in condition;
  • 3 bedrooms all with en-suite bathrooms;
  • master bedroom and the second bedroom can be cleverly closed off so that it becomes a Master Retreat (bedroom and study);
  • two living spaces – one downstairs and one upstairs;
  • Landscaped entertainment deck, private swimming pool, and water feature
  • maids room and bathroom;
  • kitchen and dining area with a massive granite tabletop, wine fridge, and all luxury appliances;
  • fully air-conditioned with dimmable halogen downlights throughout;
  • 2 car parking spaces – side by side;
  • ONE KL is a highly secure gated condominium with 24/7 security guards and 24/7 reception;
  • ONE KL is extremely well located opposite Suria KLCC and the Mandarin Oriental Hotel and within 2 minutes walk of the KLCC Convention Centre and KLCC Park – a wide range of shopping (from luxury brands to home groceries) is within walking distance.
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Property Highlight: Cool Loft Inspired Apartment has the perfect Urban Vibe

This lovely renovated loft inspired apartment has One Large Bedroom and a Small Study located on trendy Bonham Strand and is the Ultimate Urban Space in Sheung Wan.

The apartment has been finished in modern clean palates of White Cabinatary and Light Colored Floors with High Ceilings and Lots of Storage. The large bedroom has ample built-in Floor to Ceiling Storage. The Modern Bathroom features a hotel-style separate shower and bathtub as well as a full-size built-in laundry.

No expense has been spared in the modern kitchen with high-end appliances and mod cons.

The highlight of this apartment is the distinct colonial fee with high ceilings, exposed beams, and commercial grade lighting. There is also a small balcony off the living room offering a little outdoor space. This flat is vacant and available for immediate viewing. Please contact us today to book an appointment

SPECS:

  • Age: 1974
  • Size(n): 670  sq ft net
  • 1 Bed + 1 Study
  • 1 Bath

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Property Highlight: Sunny bright Soho flat is in the perfect location.

This lovely renovated One Bedroom, One Bathroom apartment located on Elgin Street in Soho and is located on a middle floor.

The apartment features a modern open plan flexible living space with a sleeping area that has a queen-size bed, a study area with large windows and a living area with a modern comfortable sofa.

The hardwood floors are carried through to the kitchen where you will find granite countertops and ample storage space. There is also a small dishwasher and a separate area for washing.

The highlight of the bedroom is the large sliding doors that can be closed for more privacy or left open to afford more living space. This flat is vacant and available for immediate viewing. Please contact us today to book an appointment

SPECS:

  • Age: 1997
  • Size(n): 400  sq ft net
  • 1 Bed
  • 1 Bath

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Property Highlight: Quality Renovated Flat in Trendy K-Town

Kennedy Town is located on the western tip of Hong Kong Island. The area has a long history from humble beginnings to the gentrification today. There is still remnants of its past from wholesale markets, family restaurants and old buildings however the abattoirs have long since closed.

Since the extension of the Island Line and the Opening of the MTR Station in Kennedy Town in 2014 the area as seen a rapid change to include trendy restaurants, organic health food stores, and cafes.

This lovely renovated One Bedroom, One Bathroom apartment in a well-managed building in Kennedy Town is located close to a park and features lovely green views from the Bedroom.

The apartment was renovated by the owner several years ago and space was completely reconfigured to include a large open kitchen with a full-size stove and oven.

The bright and sunny west facing living room is flooded with natural light and has been finished in modern contemporary tones.

The highlight of the bedroom is a large walk-in closet. This flat is vacant and available for immediate viewing. Please contact us today to book an appointment

SPECS:

  • Age: 1980
  • Size(n): 400  sq ft net
  • 1 Bed,
  • 1 Bath

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Hong Kong Protests

How will recent political unrest affect the Hong Kong Property Market?

The Proposed Extradition Bill by the Hong Kong Government has sparked recent and ongoing protests throughout the territory which has shaken the local and international community.

Much of what happened has been covered by media. Our article aims to specifically address how these events may impact the Hong Kong Property Market in the Short to Long Term specifically in terms of Prices, Supply, and Market Sentiment.

External Market Volatility

In addition to the recent events, Business sentiment across the Hong Kong markets remained cautious as uncertainties around the US-China trade war persists. This, in turn, has a trickle effect on the Property Market. The demand for luxury housing decreased as people adopt a wait and see attitude.

Photo Courtesy SCMP

Confidence in Hong Kong

The proposed new law and its widely perceived potential to undermine Hong Kong’s judicial and political independence may lead people to question long term investments involving hard assets in the city as confidence is questioned. This will reduce overall demand.

Parking Wealth Overseas

The general loss in Confidence and the unknown factors such as whether there is a risk that assets may be seized or flow of money in and out of Hong Kong may be restricted may lead
ultra high net-worth individuals to look elsewhere to park their wealth, with Singapore, the city’s main financial rival, a popular choice.

Qihomes Stock Photo

Our Views

Our Views on the Hong Kong Property Market is the Long Term remains Positive. Many of the points discussed are sentiment based such as the movement of assets and cash but as seen after the 1997 crash when many people were investing overseas, the money came flooding back to Hong Kong as fast as it left. Hong Kong’s strategic location on the southern tip of potentially the next superpower and within 5 hours of major tiger economies and the pacific rim has in the past and will continue to give Hong Kong an edge over cities further north or who are landlocked.

Shenzhen is poised to become Asia’s major tech hub with Hong Kong and Mainland developers purchasing land plots for residential development at record-breaking prices. See article This development will, in turn, benefit Hong Kong in the long term through the expansion of business in the region.

However much of Hong Kong’s future prosperity lies in the future generation and ability to boost confidence in the Local and Mainland Government to protect the rights and freedoms they have enjoyed. If able to integrate Hong Kong into China and offer our special “niche” we feel confident that the future for Hong Kong remains a bright one.

Disclaimer: The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of any government, agency or persons nor should it be construed as providing any investment advice.

Photo Courtesy: SCMP

Property Highlight: Rooftop Terrace in the Middle of the City

This week we highlight a top floor rooftop apartment in one of Hong Kong’s most vibrant neighborhoods. Wanchai was once famous for Suzy Wong and Hong Kong’s Red Light District but much of Wanchai has been transformed into a modern vibrant neighborhood full of interesting restaurants and cafes thanks to local urban planning.

This Bright One Bedroom Home is located on the top floor of a highrise in Wanchai boasting open views. The excellent Layout Features Large Window that allows natural light to flood into space. The open kitchen is fully renovated with sleek, modern cabinetry and well-appointed with high-end appliances. The highlight of the apartment is a large private roof terrace which is large enough for outdoor seating for six as well as a built-in BBQ area. This rare feature provides huge potential to obtain high yield rental income.

For sale with Tenancy. Please click below for more information on this rarely available listing.

SPECS:

  • Age: 1979
  • Size(n): 486  sq ft net
  • 1 Bed,
  • 1 Bath
  • 400 sq ft Roof Terrace

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Why is this Peak Home the Perfect Choice if you are looking for a peaceful home in the City?

This 4 bedroom family home boasts over 2000 sq ft of livable area and has stunning green mountain views from the large windows. The apartment has been well renovated with good quality fixtures in the bathrooms and kitchens. Each of the bedrooms has a large wardrobe with the master suite enjoying a large walk-in closet. The large kitchen has ample storage and a separate area that can be used as a “dine-in” as well as a good-sized utility area and helpers room.

Few Apartments in Hong Kong can offer un-interrupted green views of the surrounding hillsides as this Peak Residence on Coombe Road. “I love living here as its offers not only a relaxing environment for me and my family but also the convenience of being only 15 minutes from the Central,” said Claire a longterm resident of Carolina Gardens. “We looked at many apartments when we first arrived in Hong Kong and this one offered a great mix of space and a feeling of Peace and Quiet” explains Claire.

Available for immediate viewing and occupancy please contact us today or click the link below for more information.

SPECS:

  • Age: 1964
  • Size(n): 2145  sq ft net
  • 4 Bed,
  • 3 Bath
  • 1 Car Park

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