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.
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.
Hong Kong's private home prices rose for 25 consecutive months.
The International Monetary Fund said homes in Hong Kong are overvalued, but ruled out a crash in prices despite expected hikes in interest rates, saying demand remains high and supply limited.
Forever 21 is retreating from its Causeway Bay flagship store next August after its lease ends, with American lingerie chain Victoria's Secret rumored to be taking over the prime location.
Development firms in Hong Kong are seeking to unload their recent land purchases quicker, signifying that home price growth could slow down.