Hong Kong Property Sale News | Hong Kong Real Estate News

Top 5 Reasons to Live in Mid-Levels Hong Kong – The Complete Guide

Here are our Top 5 Reasons to Live in Mid-Levels Hong Kong

Mid Levels is divided into three key areas namely Mid Levels Central (located just above Central) Mid Levels West (from Garden Road to Western Street) and Mid Levels East (From Kennedy Road to Lower Stubbs Road)

1. The Vibe:

Mid-Levels is an affluent residential area on Hong Kong Island in offering Panoramic Views of Victoria Harbour It is located between Victoria Peak and Central as a result, this area is very popular due to its walking distance to a central, multitude of public transport options and excellent schools.

2. The Proximity To Nature

Mid Levels is close to several well known walks and hikes such as the Bowen Road Fitness Trail and the Old Peak Road / Conduit Road Peak Trail. Both are popular outdoor activities for people who live in Mid-Levels Hong Kong

An added attraction of the Mid-Levels is its close proximity to nature such as the Hong Kong Zoological and Botanical Gardens and comparatively better air quality than many parts of the Hong Kong Island.

3. The Housing Factor:

There are many choices for housing from ultra-luxurious apartments to compact family homes. The costs of apartments vary according to the size, location, and age of the building. Many highrise buildings offer extensive facilities such as swimming pool, gym, and outdoor play areas whereas some low rise buildings will have large balconies that are perfect for entertaining.

4. The Convenience Factor:

Travel to and from the Mid Levels can be done via Road or The Central Mid Levels Escalators. At 800 meters (2,600 ft), it is the longest outdoor escalator in the world. It was opened on 15 October 1993. The escalator runs downhill from 6 am to 10 am and uphill from
10:30 am to midnight every day. Pedestrians traveling in the opposite
direction making use of the adjacent stairs and footpaths. Apart from its
transportation function, it is a tourist attraction.

There are also multiple public transport options from Large Double Decker Buses to Public Light Buses.

5. Examples of some listings In Mid Levels.

10 CASTLE LANE

700 sq ft, 2 Bedroom

HK$ 56,000 per month

PANORAMA

2160 sq ft, 3 Bedrooms

Asking HK$ 85,000 per month

BRANKSOME CREST

1741 sq ft, 3 Bedroom

Asking: $135,000 per monthj

For More Information on living in Mid Levels, Please contact me below:-

Anthony Hindmarsh

TEL: +852 9105 1406

EMAIL: anthony@qi-homes.com

Top 5 Reasons to Live in Sheung Wan – The Complete Guide.

Sheung Wan has seen a rapid transformation over the past few years. It has changed from a sleepy residential neighborhood to a hangout for Hong Kong’s most stylish urban youth” Here is our Top 5 Reasons to Live in Sheung Wan.

1. Cool Vibe

There are plenty of quirky boutiques, trendy bars, cafés, and restaurants are constantly interspersed with Temples and traditional Chinese Herbalists.

Western Market Sheung Wan — Western Market

2. Quirky Accommodation

Sheung Wan boasts an interesting mix of traditional Chinese walk-ups and modern high-rise buildings, many of which have been renovated with open kitchens and feature the converted private roof terraces.

Artwork in Sheung Wan — A Typical Street in Sheung Wan

Living in Sheung Wan can be cheaper than neighboring areas such as Mid Levels or Soho. A One Bedroom Flats can range in Price commencing at HK$25,000 per month to HK$40,000 for anything unique or with a rooftop. A Two Bedroom Flat be as high as $70,000.

3. Convenient Transportation

Sheung Wan is a one stop of the MTR Island Line from Central and an easy 10-minute walk. There are also multiple public transport options taking you to all areas of the island.

Man Mo Temple Sheung Wan — The Iconic Man Mo Temple on Hollywood Road

4. Trendy Restaurants

Sheung Wan as a huge array of eateries to suit anyone’s taste. It is home to some of the trendies restaurants in the City.
Yardbird is a modern izakaya that specializes in yakitori dishes of skewered grilled chicken. Dim Sum Square Serving Local Yum Cha Favorites. Chachawan Serving Authentic Thai Cuisine and Mrs Pound serving East Meets West Fusion Dishes are amoungst a few favoriates.

Sheung Wan Restaurant — Authentic Thai Food at Chachawan

5. Examples of some listings In Sheung Wan

Central House

474 sq ft, 1 Bedroom

HK$ 35,200 per month

U Lam Terrace

900 sq ft, 2 Bedrooms

Asking HK$ 65,000 per month

Wing Lok Mansion

900 sq ft, 1 Bedroom

Asking: $11.8 Million.

For More Information on living in Sheung Wan including updated Listings, Please contact me below:-

Anthony Hindmarsh

TEL: +852 9105 1406

EMAIL: anthony@qi-homes.com

Mid Century Inspired Decor Elevates this Soho Hong Kong Loft for Sale

Soho Hong Kong is an area icomprising of restaurants, bars, nightclubs, art galleries,and antique stores and consists of two main streets – Elgin and Staunton. The area became popular in 1993 with the opening of the Central Mid Levels Escalator connecting mid levels with the central business district. At the time of its opening, it was the longest escalator in the world.

Location:

18 Shelley Street located in SoHo connected by the central mid-levels escalator. The building is a colonial low rise with five floors. You can walk to the central business district in about 7 minutes and is well serviced by public transportation.

Interior Highlights

This 1 Bedroom, 1 bathroom flat has 464 sq ft of livable space and is beautifully renovated in a mid-century modern design. One of the highlights of this apartment is the Fabulous 355 sq ft wrap around terrace. The kitchen features lots of built-in storage and lots of storage.

Specs:

650sf (464sf n) 1 bedroom Open Plan
Fully fitted and equipped kitchen
Good sized bathroom with rain shower
Fully Furnished
Fabulous 355sf wrap-around Terrace
Double glazed throughout
Extremely quiet and peaceful surroundings
Excellent location. Close to all amenities
Walk up building
Weekly Maid Service
Vacant Possession

Address:

18 Shelley Street, Hong Kong
Viewing by Appointment: Please contact Jane Buckthought 9102 1516 or email jane@qi-homes.com
Asking Price for Sale: HK$ 13Million For Rent: HK$44,000 per calender month
For more information CLICK THIS LINK

Featured Property: Exceptional House for Sale in Stanley Hong Kong

We take a look at a stunning house for sale in Stanley Hong Kong

Stanley is a coastal town east of Repulse Bay in the South Side District of Hong Kong. It consists mainly of low rise buildings, townhouses, and houses. Stanley is one of the most luxurious residential areas on the Island.

View from Stanley Hong Kong House — Open Sea Views

Location:

Stanley Knoll is a lowrise complex offering excellent facilities for families. There are good playspaces for children, tennis courts and a large swimming pool, as a result, it is a popular choice.
The units are either duplex apartments with roof terrace or penthouse simplex layout with private roof terrace. All have spacious layouts have pleasant outlooks. It is situated in the heart of Stanley, with its beach, restaurants and shops and excellent bus services to all parts of Hong Kong. It is walking distance to Stanley Market, Stanley Plaza and the Bus Station to Central.

Living Room in Stanley Hong Kong House — Bright Open Space with High Ceilings and Large Windows

Interior Highlights:

This spacious house for sale in Stanley has 4 bedrooms spread over 4 floors with 2 Large terraces of over 800 sf. and renovated in contemporary natural tones. The living room features high ceilings that look out to a lovely sea-views.

Dining Room in Stanley Hong Kong House — Modern Scandinavian inspired interiors

Facilities:

Stanley Knoll is the perfect choice for people looking for a complex with lots of facilities for the whole family. There is a large swimming pool, tennis court, and a children’s playground. Everything is a stone throw away making this home a popular choice with expats looking for great value and convenience.

Tennis Courts in Stanley Hong Kong — Tennis Courts

Specs:

Muti Story Townhouse
Walking Distance to Shops and Public Transport
2 Car Parking Spaces Included.
Large Spacious and Bright Rooms Many of Which have lovely sea views
2595 sq ft of livable space
4 bedrooms
Large Outdoor Space Options.
Very Family Friendly Complex with Pool, Tennis Courts, and Play Areas.

Swimming Pool in Stanley Hong Kong — Pool

Address:

Stanley Knoll, 42 Stanley Village Road, Stanley
Viewing by Appointment
Please contact: Anthony Hindmarsh Tel: 9105 1406 or Email: anthony@qi-homes.com
FOR MORE INFORMATION CLICK THIS LINK

Our guide to understanding a converted commercial space in Hong Kong?

Sheung Wan is one of the oldest areas in Hong Kong island and has an illustrious past. On 26 January 1841, the British Marines planted the Union Jack Flag and claimed Hong Kong Island for the Crown. On Possession Street, a plaque marks this birthplace of colonial Hong Kong.

The area of Tai Ping Shan has a dark history, traditionally an area full of brothels and due to its unsanitary conditions, the Bubonic Plague ravaged the area causing widespread deaths. In fact, there are stories of bodies piling up as the officials were unable to cope. Over the years the area as changed and is has been called everything from “Hipster” to “Cafe Capital”

“This area has seen a rapid transformation over the past few years, changing from a sleepy residential neighborhood to a hangout for Hong Kong’s most stylish urban youth”

Along many of the streets in Sheung Wan, there are buildings of mixed usage ie: Commercial and Residential. Over the years many of the Commercial Spaces have become occupied as Residential dwellings. Although the government has not officially changed the permitted use they have turned a blind eye to this gray area as many of the spaces are used as home offices.

The result is that many forward-thinking buyers have been snapping up old commercial spaces and converted them into Lofts. Many enjoy high-end renovations and excellent rental returns.

Location:

Wing Lok Mansion is a perfect example of a renovated commercial space into a home office. Located in the heard of Sheung Wan and only 5 minutes from the MTR Station. The area has been up and coming for the past few years and has an interesting mix of trendy restaurants and bars alongside traditional Chinese herbalists. The unit is walking distance to the MTR station and public transport.

Renovated Bathroom with Wooden Countertops

Interior Highlights

The beautifully renovated space has been carefully planned to maximize light from the large windows. The Kitchen has been finished to a high standard. The appliances and fittings are of high quality. The floors feature light colored wood. The spacious bedroom has a separate changing area.

Specs:

Spacious Layout with High-End Renovation.
900 square foot of total space
Good Sized Bedroom with Walk in Closets
High-End Appliances and Fittings including MIELE, GROHE, and TOTO
Bright Open Plan with Lots of Windows.
Private Roof Terrace with Areas for Lounging and BBQ
Fully Furnished and Complete Turn-Key Solution

Address:

Wing Lok Mansions 48 New Market Street, Sheung Wan
Viewing by Appointment
Contact Anthony Hindmarsh Tel: 9105 1406 or email: anthony@qi-homes.com
For more information click this link.

Featured Property: For Sale Village Court – Happy Valley

Happy Valley is an affluent village area south of the famous horse racing course. A friendly neighborhood with plenty of amenities, shops, bars and restaurants and very accessible to the key school districts

*Lovely Living Space with Large Windows*

This area is very popular and its walking distance to Causeway Bay, the race track, Football club

Location

Village Court on Village Terrace is tucked away up a quiet road behind Village Road. Very close to the supermarket and only a few minutes from the bus, tram, and taxi. The Building has just 5 floors and is a walk-up with a security guard on duty on the road and during the daytime at the building.

Modern Kitchen — Modern Renovated Kitchen

Interior Highlights:

This beautifully renovated spacious Two Bedroom and Two Bathroom Apartment has large windows on to a private view of nature. The natural light wooden floors and white walls allow residents to create their own style. The ergonomic Kitchen includes an oven, wine fridge and fridge- freezer.

Renovated Bathroom in Clean Natural Tones

The guest bathroom has a separate washer and dryer. The Master Bedroom has widows on two sides and plentiful storage. The Second bedroom can fit a queen size bed comfortably.

Specs:

656 sq ft of livable space
Beautiful Renovation
Full Up-Grade with Split Air Conditioners
Quiet and Private Location, Minutes from the Village
Close to Supermarkets, Shops. Transport links and Causeway Bay

Relaxing Bedroom Providing an Oasis of Calm

Address:

Village Court, 19-25 Village Terrace, Hong Kong
Asking Price HK$ 12.2 Million
Viewing by Appointment: Jane Buckthought 9102 1516 or jane@qi-homes.com
Click HERE to view more information.

Property News: Sales of Homes in Second Hand Property Market Increase Amid More Negotiable Vendors.

Transactions for sale of the second-hand property has increased to a high of 138 resulting in a 40-week high. Buyers are taking advantage of the 5-10 percent drop in property prices from the peak. Owners are generally more negotiable with their pricing, says Anthony Hindmarsh, Director at Qi Homes Property Consultants Ltd.

High Rise Buildings in Hong Kong — Hong Kong High Rise Buildings – shutterstock

Hong Kong has experienced a 9 percent from their peak in July 2018 forcing some owners into negative equity.

It was the first time in two years that some property values had dropped below outstanding mortgage loans, the Hong Kong Monetary Authority said last week.

Housing in Hong Kong - Shutterstock — Housing in Hong Kong – Shutterstock

For More information on Buying Hong Kong Property Please contact
Anthony Hindmarsh Tel: 9105 1406 or Email: anthony@qi-homes.com
See our Listings

Property Focus – Whole Building for Sale in Stanley

Stanley Market is the must go to place in Hong Kong for Tourists. You can buy anything from garments, sportswear, art, Chinese costume Jewelry and souvenirs. Stanley Village and Stanley Fort where the British and Canadian Troops mounted the last stand during the Battle of Hong Kong before surrendering to Japanese Forces in December 1941. It was the barracks of the Former British Army until 1997.

Uninterrupted Views — Views from Stanley Main Street

Location:

This four story building was completed in 1992 and has a unique location at the corner of Stanley Market. Each of the Rooms have a panoramic 180 degree view of the sea with stunning sunsets.

Interior Highlights

Ground Floor Shop 587 sq ft (g)
Full High Mezzanine (Cockloft) 587 sq ft (g)
1st Floor Self Contained Apartment 372.4 sq ft (g)
1st Floor Terrace 184 sq ft (g)
2nd Floor Two Bedroom with One Bath 372.4 sq ft (g)
3rd Floor Living Room and Kitchen 372.4 sq ft (g)
Top Floor Roof 186.2 sq ft (g)

Rental Potential – Shop

The Retail Space and Cockloft is in an ideal corner location in Stanley Market which affords excellent walk-u traffic. The ground floor shop is fully outfitted with water and toilet and can expect to achieve around HK$ 45,000 per month.

Corner Location Shop Space in Stanley Market

Front View of Shop Showing Walk By Traffic

Rental Potential – 1st Floor

The First Floor comprises of a self contained one bedroom flat with large terrace. The apartment is completely self sufficient with a large bedroom featuring a built in bed and wardrobes and an en-suite bathroom with shower. There is a small but functional kitchen. The highlight of this apartment is a large walk out terrace with lovely green and sea views. Currently rented for HK$13K per month.

Walk out Terrace — Walk Out Terrace from the 1st floor Apartment

1st Floor Apartment — Small but functional living space with large windows offering green views

Rental Potential – 2nd and 3rd Floor

The second and third floor are in fact two separate units divided by a communal staircase. Due to the fact that the top two floors are extremely private, the floorplan has been converted into a duplex with two bedrooms and an en-suite bathroom with shower on the 2nd floor and the living room with kitchen and a toilet on the 3rd floor. The kitchen has pleanty of counter space and storage with good quality appliances. The living room features large panoramic windows offering expansive views over the ocean. The two floors including the private roof terrace can expect to achieve HK$ 25,000 per month.

Open Kitchen with Lots of Counter Space and Good Quality Appliances

Roof Top

The Private Roof Top affords 180 degree panoramic views towards Stanley bay and stunning sunset views. The roof top is typically rented with the top two floors to form a triplex unit.

Specs:

4 Story Building
Completed in 1992
Excellent Corner Location with expansive sea views
Total Area 2220 (g) 1982 (n) of Retail and Residential Space
Mixed Zone – Excellent Redevelopment Potential
Good Rental Income Including Retail Shop
Self Contained Apartment
Multiple Outdoor space Options.

Address:

Asking Price HK$ 53 Million
1 Stanley Main Street, Hong Kong
Viewing By Appointment
Contact: Anthony Hindmarsh Tel: 9105 1406 or email: anthony@qi-homes.com
For more information CLICK THIS LINK

Featured Property – A lovely bright Studio in Soho

Soho is an area in Hong Kong comprising of restaurants, bars, nightclubs, art galleries and antique stores and consists of two main streets – Elgin and Staunton. The area became popular in 1993 with the opening of the Central Mid Levels Escalator connecting mid levels with the central business district. At the time of its opening it was the longest escalator in the world.

Location

Located in the middle of Soho steps from the Central Mid Levels Escalator and a 10-minute walk to the Central Business District.

Interior Highlights

This Bright and Airy Studio features a sleeping area which is divided by a bookcase allowing natural light to flood into the entire space. Just off from the living space, there is a large kitchen and a good sized bathroom.

Specs

395 sq ft of livable space
Spacious Renovated Kitchen
Great Location Steps from Central-Mid-Levels Escalator
High Floor, Lots of Natural Light
Surrounded by International Selection of Restaurants
Interesting Cafes, Brunch Venues, and Bars
Close to supermarkets, wet market, gyms, PMQ, Tai Kwun

Address:

28 Elgin Street, Hong Kong
Asking Sale HK$8.3M
Viewings by appointment contact: Anthony at 9105 1406 or anthony@qi-homes.com
For More information Click This Link

Lofty Aspirations – A closer look at a converted commercial space in Sheung Wan

Sheung Wan is an area in Hong Kong, located in the north-west of Hong Kong Island, between Central and Sai Ying Pun. Administratively, it is part of the Central and Western District. The name can be variously interpreted as Upper District (occupying relatively high ground compared to Central and Wan Chai), or Gateway District (perhaps a reference to the location where the British first entered and occupied Hong Kong).
Sheung Wan was one of the earliest settled places by the British and belonged to the historical Victoria City. The site of the original occupation of Hong Kong Island by British forces in 1842 was at Possession Street, between Queen’s Road Central and Hollywood Road. Over the past 10 years, this area has grown to be one of the trendiest areas to live for locals and expats alike featuring lots of interesting bars, restaurants, and cafes.

Location

The unit is located in Sheung Wan, just 5 min walk to Sheung Wan MTR station. It offers the convenience of a central location but still the ambiance and quietness of a back alley area.

Interior Highlights

The 1.5 bedroom unit features a separate walk-in dressing room, bright layout with many windows and an outdoor rooftop with lounging and BBQ areas. High-quality materials, premium brand appliances such as MIELE. BOSE, GROHE, and TOTO. Offered fully Furnished.

Specs

Fully equipped flat and roof.
Designer furniture.
Ample storage space.
Lots of natural lights and windows.
Premium hardwood flooring throughout the unit.
Separate dressing room with mirror cabinet.
LG Washer/Dryer unit
Built-in VINVAUTZ wine fridge
MIELE dishwasher, hood, hob, fridge and freezer
HITACHI split aircon with cooling & heating function and A grade energy efficiency.
BOSE 5.1 surround sound system with wall mounted back speaker system
49” SAMSUNG 4K Smart TV
GROHE shower appliances
TOTO fully-automated Neorest toilet system.
Lift access and 24/7 CCTV
Own lockable rooftop with
- Stainless steel cabinet & WEBER barbecue grill
- Parasol & sun loungers
- Dining & lounge areas

Investment Information

COMMERCIAL unit renovated for home office use
Size: Gross: 900 gsf gross plus 700 gsf roof
Stamp Duty: only 0.2%! – property can be bought in clean company title (> HK$ 850,000 savings in purchase stamp duty fees)
Return on Investment: gross yield @ 4.8% / year and up to 8% / year (in case of 40% purchase financing)
Monthly Management Fee: $750

Address

48 New Market Street (entrance at 160-162 Wing Lok Street, Wing Lok Mansion)
Asking Price HK$ 11,800,000
Contact: Jane Buckthought 9102 1516 for more information