In Numbers: The Hong Kong Property Market

Wealth

April 19, 2018 | BY Steven Crane

Many say you can’t go wrong with property in Hong Kong, and we've gathered some numbers to prove it

Photo: Courtesy of Phoenix Properties
1

HK$85,000

The monthly rent for a two-bedroom, 1,075sqft duplex at The Morgan on Conduit Road, Mid-Levels, developed by Phoenix Properties.

See also: Salone del Mobile 2018: 12 Must-Sees At The Milan Furniture Fair

SCROLL TO CONTINUE
In Numbers: The Hong Kong Property Market
Photo: Courtesy of Eight South Lane
2

3.5%

The estimated rental yield for a 304sqft, one-bedroom unit at Eight South Lane, Shek Tong Tsui, an up- and-coming area in Sai Wan.

Photo: unsplash.com
3

10% 

The percentage by which capital values in the residential sector are expected to grow in 2018, though they could rise by as much as 20%, based on the JLL Year-end Property Market Review and Forecast published in December 2017.

See also: Investing In The Future: 4 New Technologies To Diversify Your Portfolio

SCROLL TO CONTINUE
In Numbers: The Hong Kong Property Market
Photo: Courtesy of Hang Lung Properties
4

HK$644 million

The price paid in December for two semi-detached units with a saleable area of more than 9,170sqft at Hang Lung Properties’ 27 Blue Pool Road, Happy Valley. The units were subsequently combined into one home.

Photo: unsplash.com
5

HK$169,277

The monthly rent for a 2,148sqft flat at Queen’s Garden, Mid-Levels.

See also: Inside An Art Collecting Couple's Mediterranean-Inspired Mid-Levels Home

SCROLL TO CONTINUE
In Numbers: The Hong Kong Property Market
OASIS KAI TAK (conceptual design drawing). (Photo: Courtesy of Wheelock Properties Hong Kong)
6

HK$12,335,000

The actual price, after discount and rebate, of unit 10A, Tower 3, Oasis Kai Tak, by Wheelock Properties. The asking price for the two-bedroom flat was HK$14,426,000.

Photo: Courtesy of Majestic Elite Property Development Limited
7

14%

The percentage increase in price per square foot for a three-bedroom unit in Altamira on Po Shan Road, Mid-Levels West, from November 2017 to December 2017. Each unit in the development has an average size of over 2,000 square feet and a price tag of $120 million.

See also: Home Tour: Katie de Tilly Of 10 Chancery Lane's Art-Filled Abode In Sai Kung

SCROLL TO CONTINUE
In Numbers: The Hong Kong Property Market
Photo: Courtesy of Hang Lung Properties
8

HK$23,679

The average price per square foot of the last two- and three- bedroom units sold at Hang Lung Properties’ The Long Beach in southwest Kowloon.

Photo: Courtesy of Bohemian House
9

190

The number of units sold in New World Development’s Bohemian House, Sai Ying Pun, in the first three months after its launch. The total number offered for sale was 191.

See also: Experience The Best Of Koh Samui At Samujana

Related Stories