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.
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.
A parking bay in Hong Kong's Ho Man Tin area sold Tuesday for HK$6 million (US$760,000), setting a new record in the Chinese SAR, the South China Morning Post reported.
Hong Kong's private home prices rose for 25 consecutive months.
Hong Kong’s millennials, fearing that they will soon be unable to afford property in one of the world’s most expensive cities, have joined the real estate rush.
Hong Kong Canto-pop singerJoey Yung Cho-yee has bought a house at one of Hong Kong’s most prestigious seafront developments in Repulse Bay.