Hong Kong Luxury Homes and villas
Hong Kong Luxury Property Search
As a global financial and commercial center, Hong Kong has established its corporate role with other high quality and livability indexes as well. Hong Kong has also been hailed as “the Pearl of the Orient” and the “New York of Asia”.
It is one of the most sought after locations for investment due to its unparalleled proximity to the mainland, Common Wealth law, and English speaking atmosphere. Its economic stability, openness of free market and transparency of market regulations are comparatively superior to other Asian countries. Being a mixture of the East and the West, it owns a unique style for the architecture and design. Hong Kong luxury flats could be seen in different shapes or sizes.
It tends to build myriad of skyscrapers favoring the surrounding views. Hong Kong could certainly furnish you with an advanced lifestyle for enjoyment. The Hong Kong property market has shown dramatic increases over the last 20 years and there is no end in sight to the property market continuing to deliver high returns.
Mario Ho Yau-kwan, the youngest son of billionaire casino tycoon Stanley Ho, has splashed out HK$500 million on a house at one of Hong Kong’s most prestigious addresses.
Investment in Hong Kong office and retail properties plunged by 52% last year to HK$$68.9 billion (US$8.9 billion), the largest decline in a single year since 2011.
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According to Citibank, Hong Kong residents predicting a drop in home prices doubled to 56 percent from 28 percent last quarter.
Hong Kong government to sell off site on top of West Kowloon station expected to fetch record US$11.5 billion.
Lee Shau Kee, the city’s second-richest man, announced his plans to step down as chairman of Henderson Land Development Co. Tuesday.