Mid Levels Western Luxury Homes and villas
Mid Levels Western Luxury Property Search
Mid Levels Western Hong Kong’s property market is coupled with its band 1 elite schools network and the grand opening of west island line, Mid-levels West has been estimated for potentially breaking the existing record of Hong Kong’s most expensive apartments and homes for sale. Due to the lack of lands, government has actively developed the land supply and relaxed or lifted the restrictions on land sales and development. The reason is that most westerns and western minded residents want to live in Mid-levels Western Hong Kong and the property prices reflect that premium.
Thus, mid-levels western is becoming the new property investor hot spot. Mid levels Hong Kong Property buyers could enjoy the highest privacy and placid lifestyle in the area. The low density buildings with high ceilings and colonial flair are what all luxury home buyers want in this metropolitan Hong Kong. Among most of Hong Kong luxury markets, mid-level western is the most promising area. In the case of short supply, the price hits all time highs in 2015 and continue to soar. Again, the lack of housing supply in the area coupled with high demand for local and international property buyers seem to have no end in sight.
A mid-high-floor 2-room unit (saleable area: 431 sq ft) at Flat D, Fairview Height, Mid-Levels West has been changed hand for HKD 8.26 million, or HKD 19,165 per sq ft.
Negative news about Hong Kong’s housing sector continues to abound, with a buyer walking away from closing a purchase at the 39 Conduit Road luxury development in Western Mid-Levels.
Just hours after Hong Kong’s chief executive warned Wednesday that the city might be facing a real estate bubble, one of the city’s largest real estate developers announced that it had sold a duplex a...
Luxury property values in Hong Kong will continue its decline for the rest of the year, but it won’t be a precipitous drop, property consultants maintain.
Store rents at shopping malls in Hong Kong may dip somewhat but the slide for high-end street level retail spaces has yet to bottom out.
The luxury residential segment on Hong Kong Island experienced a sluggish first quarter after rental rates fell by 4.1% as expats move away from the CBD.