Mid Levels Central Luxury Homes and villas
Mid Levels Central Luxury Property Search
Mid-levels Central is one of the largest residential areas in Hong Kong and hottest real estate markets for property buyers, which is located directly above Central. Apart from the fantastic panoramic view of Victoria Harbor, it is also close to Hong Kong main financial and commercial area. Thus, this favors an easy and convenient access for business people living in the Mid-levels.
According to Citibank, Hong Kong residents predicting a drop in home prices doubled to 56 percent from 28 percent last quarter.
Lee Shau Kee, the city’s second-richest man, announced his plans to step down as chairman of Henderson Land Development Co. Tuesday.
Residential property prices and sales in Hong Kong are expected to slow over the next year as buyer demand falls, according to the latest market survey.
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.