Foreigners who have owned property in Hong Kong for three or more years will get their extra stamp duty refunded if they take up permanent residency as part of a global talent drive the city leader will announce in his policy address next week, the Post has learned.
Chief Executive John Lee Ka-chiu is also expected to introduce a new 18-month visa to attract graduates from renowned universities with no conditions attached as part of the plan to stanch a brain drain worsened by the Covid-19 border restrictions of recent years.
Local employers will also be given a freer hand to hire overseas talent without first proving a lack of suitable candidates already in the city, according to government insiders.
With some neighbourhoods fetching over $100,000 per sq ft, Hong Kong has retained it’s leading position in the list of the most expensive housing markets, also topping the ranking for the world’s costliest cities to live for expats for the second year running.
The increasing demand for luxurious real estate in Hong Kong coming from Mainland China guarantees a favorable climate for investors. The question is only where to choose that dream spot that will become a great deal both for habitation and for the wallet.
Here is the list of the most exclusive neighborhoods in Hong Kong to choose from.
Redhill Peninsula is a luxury low rise private housing estate in Tai Tam. It occupies a gorgeous position on the peninsula of Red Hill facing Turtle Cove.
The Facilities
The complex comprises of Mid Rise Blocks completed in 1993 and Townhouses completed in 1991. Residents can enjoy a host of family friendly facilities including:
Outdoor Swimming Pool
Gym
Squash Courts
Tennis Courts
BBQ Area
Children’s Playground
Muti Purpose Function Rooms
Shuttle Bus
The Location
All of the Apartments in the Mid Rise Block Enjoy unobstructed Sea Views towards Turtle Bay.
Waterfront Living
The townhouse section of the development has its own clubhouse, pool and tennis. There is also the Redhill Country Club on the site of the apartment blocks with three tennis courts, two pools, three squash courts and many other facilities. The townhouses built on three levels enjoy varying degrees of seeing mountain views.
Redhill Peninsula House for Sale
This townhouse located on Cedar Drive has been lovingly renovated by the current owners who have invested HK$10 million to turn it into a bright, well thought out and very efficient family home.
The ground floor street level of this townhouse originally enjoyed a carport which has been converted to a drivers room with toilet and at benefits from enough space to park four cars with an additional two cars on the sidewalk.
As you enter the home on the ground level you have a glass enclosed reception area perfect for storage of shoes and items of every day use. You then enter the home and go up to the first floor where you are greeted by a spacious living room with floor to ceiling windows on one side and an Outdoor Atrium with Skylight on the Other. The result is a living space filled with natural light.
Just off from the living room is a dining area that can easily fit a table for 6 people and a breakfast bar that cleverly separates the kitchen and provides extra counter top. The Modern and Renovated Kitchen Enjoys all the modern conveniences and high end integrated appliances and lots of counter space. To the side of the kitchen is a helpers quarter and utility area.
From Bi Folding Doors in the Dining Room you can walk out to a lovely sunny and private Patio Garden with an area for Al Fresco Dining, BBQ’s and a Green Grass Garden that wraps around the House to the Front of the living Room
Climb the Modern Staircase to the Second Level and you are greeted by an open space currently used as a study but can easily be converted to a 4th Bedroom. This flexible space currently enjoys built in bookshelves and desks.
This leads to Two Additional Guest Bedrooms Each with Built in Storage including one with a Walk in Closet. The Rooms enjoy high ceilings and are finished in neutral tones which can easily be customised to the new owners taste.
The master suite is located on a front side of the house over the living room commanding the best views of the surrounding sea and mountains framed by dome shaped windows. On the opposite side is a small balcony. The bedroom leads to a large walk in closet and luxurious master bathroom with separate shower and bath with ocean views.
The entire house enjoys ducted air-conditioning with heating, new wiring and plumbing and has been competitively priced to sell.
Viewings can be arranged by appointment by contacting Tania Wong at +852 6636 2049
FOR SALE HK$ 78,000,000 Size: 2584 sq ft (n) 4 Bedrooms | 3 Bathroom | 4 Car Parks
* Beautifully High Spec Renovation by famous interior designer Gilbert Yeung * Fully fitted cupboards, wardrobes, curtains and lightings * High ceiling to maximise sense of space. * Good size 4 bedrooms (incl Master Suites with walk-in closets) * Lovely terrace and Garden off the living room * Modern open plan kitchen with double oven, steamer and dishwasher * Top-notch kitchen appliances * Driver’s room/ Bathroom * Clubhouse facilities including swimming pool and tennis courts
Qi Homes is delighted to announce they have been awarded winner in the category of “Best Real Estate Agency Website Hong Kong” by International Property Awards, Asia Pacific
The awards celebrate the highest levels of achievement by companies operating in all sectors of the property & real estate industry. An International Property Award is a world-renowned mark of excellence.
We are honoured to have been recognised for this achievement.
Grandview Court is located along the waterfront of Quarry Bay just 5 minutes walk from the MTR Station and Conveniently located next to the Taikoo Place Complex. .
This lovely bright and airy flat is located on the top floor with two units per floor.
As you enter the flat you are immediately struck with the sense space as the home has been arranged in an open plan studio layout.
The kitchen is located on the left and is small but practical. The highlight of this listing is a huge sky terrace offering panoramic 180 degree sea views towards the eastern side of Hong Kong Island which would be amazing in the morning to see the sunrise.
The terrace can easily accommodate 20 people and is currently arranged with one large sofa but would be idea for al fresco dining with a table and chairs and BBQ.
The bathroom has recently been renovated in light and modern neutral tones.
The main living space consists of a queen size bed, closets and chest of drawers and is ready for someone to come along and put their own personal touch to make this a stunning and unique home.
FOR LEASE HK$ 28K Size: 460 sq ft (n) Studio | 1 Bathroom | 2 Terraces
*Large Terrace with 180 degree Sea Views *Sunny and Bright Studio Layout *Newly Renovated *5 Mins From Quarry Bay MTR *Rare on Market and Available Immediately. *Please contact us for viewings
Hong Kong has broken records again for the most expensive residential property sold this time a brand new home in luxury development of 21 Borrett Road, in swanky residential neighborhood of Mid Levels Central
The apartment located on the 21st floor spans over 3,378 sq ft with five bedrooms and top end amenities such as swimming pool, club house facilities and with outstanding views panning across Hong Kong Harbor.
The transaction price is reportedly a staggering HK$459 Million or (USD 60 Million) which is equivalent to HK$ 136,000 (USD 17,530) per sq. foot making it the most expensive price paid for residential property in Asia.
Many experts are saying this sale signals strong confidence in Hong Kong’s future and a recovery of the luxury housing market amidst the pandemic
A luxury development completed by well-known developer Cheung Kong Property Holdings Limitedin 2020. Consisting of 3 Towers of residential apartments, located at the top of Borrett Road, close to the Bowen Road trail walk.
Tower 1 & 2 :- Total 23 Floors.
The 2nd Floor Unit 1 is 2867 sq ft with a 763 Sq Ft Terrace. The 2nd Floor Unit 2 is 2075 sq ft with a 206 Sq Ft Terrace.
The 3rd to the 22rd Floor of Unit 1 are 2945 Sq ft and Unit 2 are 2145 Sq Ft. The 23rd Floor Unit 1 is a Penthouse Unit with 3378 Sq Ft 717 Sq Ft Terrace and a 2131 Sq Ft Rooftop
Tower 3 & 5 :- Total 23 Floors.
The 1st Floor Unit 3 is 2112 sq ft with a 567 Sq Ft Terrace. The 1st Floor Unit 5 is 2086 sq ft with a 541 Sq Ft Terrace.
The 2nd to the 22nd Floor of Unit 3 are 2193 Sq ft and Unit 5 are 2166 Sq Ft. The 23rd Floor Unit 3 is a Penthouse Unit with 2731 Sq Ft 717 Sq Ft Terrace and a 1904 Sq Ft Rooftop.
Tower 6 & 7 :- Total 23 Floors.
The 1st Floor Unit 6 is 2089 sq ft with a 541 Sq Ft Terrace. The 1st Floor Unit 7 is 2236 sq ft with a 391 Sq Ft Terrace.
The 2nd to the 22nd Floor of Unit 6 are 2169 Sq ft and Unit 7 are 2316 Sq Ft. The 23rd Floor Unit 6 is a Penthouse Unit with 2995 Sq Ft 536 Sq Ft Terrace and a 2096 Sq Ft Rooftop.
They are finished to a high standard and kitchens are fitted with good quality appliances. The facilities including the outdoor swimming pool, gym, and indoor children’s playroom are for the use of the occupants.
District Mid Levels West
Address 21 Borrett Road
Year Built 2020
Number of units 115 (3 Towers)
Size 2086-3378 sq ft
Facilities Children’s Playroom – Club House, Podium Garden, Gym, Outdoor Swimming Pool, Function Rooms
YICK FUNG GARDEN | Kennedy Town | Hong Kong 1 Bedroom | 1 Bathroom | Size 465 sf (n) | For Lease HK$ 32K 🏡 Fabulous Rooftop 🏡 Full Sea View 🏡 Spacious Open Kitchen with Oven Please call or Whatsapp 9105 1406 Anthony Hindmarsh
