Hong Kong property has proven itself to be a safe and prosperous investment if you pick the right location and enter the market at the right time. Unlike with stocks or funds, where you can lose everything, property is tangible and at times of financial crisis, you can choose to rent out your property or live in it yourself.
Hong Kong’s economy is built upon the success of real estate, it is not surprising it is the primary business for some of the richest men in town and also the secret to how some employees with regular jobs can become billionaires by making use of the their steady, regular income to purchase property over their career span.
My favourite place to live: Bel-air, Island south
Apart from the Peak, Repulse Bay, and Mid-Levels, Hong Kong Island South is the most sought after location for expats and individuals who value quality of living. Bel-air is situated away from the hassles and pollution of downtown, engulfed by an obstructed seaview but yet, convenient enough to allow access to Central within 15 minutes by taxi.
It is rare to find in Hong Kong, a flat that allows total privacy. In certain sea facing flats at the Bel-air, you can be totally undressed in the comfort of your own home without having to worry about being sued by your neighbours for indecent exposure (just for the sake of illustration). This permanent, unobstructed seaview, and total privacy is well worth the price, making it a hot pick for local celebrities and foreign diplomats.
The club house, of course is grander than most hotels with practically everything that you can possibly imagine in a club house, although personally, I think the facilities are way over priced. If you are someone who likes to return home and feel as though you are on holiday, then Bel-air would be a good consideration.
coming soon....
My favourite place to invest: Kowloon Station
My favourite place to rent out: Grand Promenade
My favourite place to rent: Four Seaons Place
~Jacky
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