Happy Valley Luxury Homes and villas
Happy Valley Luxury Property Search
Happy Valley’s environment is comparatively convert which appeals to many local HK celebrities as their top choice for a home. Although the transportation is less convenient compared to Causeway Bay, and the crowds in CB can seem unbearable to many locals and non-local people, it is still seen as a convenient destination to many to visit by the Island tram from the rest of Hong Kong Island. It is well-renowned for its horse-racing events. During race meeting, it would become extremely prosperous and crowded but Causeway Bay is always very vibrant and crowded and for some just what they are seeking when comes to buying a home or renting a home in this special area of Hong Kong called Causeway Bay.
Apart from that, many luxury apartments are built there. You can have a chance to become neighbors with many CB celebrities, such as former Chief Secretary for Administration and famous artists like Joey Yung. Also, the housing quality is good enough as it is surrounded by many famous restaurants and attractive festivals. Time to buy a flat which has mixed privacy and novelty.
Hong Kong is showing signs of a housing correction, compounded by the US-China trade dispute and the first interest-rate increases for the city in over a decade.
The opening of the high-speed railway between Hong Kong and Guangzhou may assuage the housing crisis in the Chinese SAR.
Hong Kong private home prices fell for the first time in 29 months in August and are expected to soften further.
Housing prices in Hong Kong are the most overvalued and at the greatest risk of collapse, according to a report focused on 20 major cities.
A group of developers in Hong Kong are disputing suspicion that they are hoarding flats, an act anathema to the government’s efforts to address the housing affordability crisis.
Sources say the Hong Kong government has decided to impose a vacancy tax on property developers that hold on to completed units, RTHK reports.