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
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.
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.
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.
This spacious flat is located in a low rise building in One Of Hong Kong’s Most Popular and Sought After Residental Districts. Bisney Road in Pok Fu Lam comprises a square block of mainly low rise three-story buildings built on a sloping hill towards the sea. This low-density residential area is popular amongst expats and locals because it gives the impression of living in Europe. Its has the benefit of being very dog-friendly and child-friendly whilst only 15 minutes to the central business district with ample public transport options.
This 4 bedroom family home boasts a huge 1000 sq ft garden terrace which is perfect for kids or entertaining. Each of the Spacious Rooms has ample built-in storage and the kitchen opens up to a back terrace. This apartment also has the benefit of two car parking spaces accessible from the same level as the home through the garden
Available from 07th August 2019. Please click below for more information on this rarely available listing.
This spacious flat features an open kitchen with integrated built-in appliances including an oven and dishwasher as well as lots of storage including a large pantry. The decor has been finished in contemporary tones of white and bleached wood that adds to the airy feel and the already bright interior of this flat.
Taikoo Place is a complex located on the Eastern Part of Hong Kong Island developed by Swire and comprises of Offices, Restaurants and Luxury Hotels. This Lovely Modern Renovated Two Bedroom Two Bathroom Flat with Open Sea Views is walking distance to all the Amenities of Taikoo Place and is an excellent investment opportunity.
Available for immediate viewing and for sale with vacant possession. Please click below for more information on this rarely available listing.
View From Baguio Villa
SPECS:
Age: 1976
Size(n): 693 sq ft net
2 Bed,
2 Bath
Sea View
Close to MTR and Major Office Buildings of Taikpp Place
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.
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.
Hong Kong is one of the great cities in the world where high property prices mean apartments are small and compact. This means that landlords are forced to come up with clever ideas to make the space they are working with as practical as possible. This little 300 sq ft flat packs a punch with a separate bedroom, open kitchen with bar and folding stools and an enlarge balcony that is large enough for a small BBQ. Available for lease 01st August 2019 contact our agents for listing for click the link below to learn more
Few Flats can boast open and unobstructed views whilst enjoying the convenience of being centrally located and walking distance to everything. This Lovely One Bedroom, One Bathroom Gem in Soho is one of these flats. Togeather with a well thought out floor plan combining lots of storage with a flexible living space and tasteful furnishing this home is the perfect turnkey apartment for lease.
Rare Terraced Unit in Popular Family Complex in Pok Fu Lam with 3 Good Sized Bedrooms. Renovated Bathroom with HIgh-End Appliances. Master Bedroom with Ensuite Bathroom and Walk-in Closet. Bright Living Room with Balcony and Small Terrace.
Rarely Available and Very Spacious Family Home in Prime Mid Levels Location just steps from the Escalators. High Ceilings, Three equally large sized bedrooms, Two Maids Room and a Huge Utility Area is just some of the Highlights of this Colonial Mid Rise.
