We spoke to leading experts in the Hong Kong property field to discover the most exclusive neighbourhoods to buy property in
It’s no secret that Hong Kong is a pricey city to live in. Not only is it home to the second most-expensive residential street in the world, but it has also been voted one of the most expensive regions in the world.
The city may be notorious for small living spaces, but it also boasts some of the most luxurious homes that money can buy in some very exclusive neighbourhoods.
Expect city-sweeping views, lush gardens, open-plan living spaces and private swimming pools: if you’re looking to live the high life in Hong Kong, these are the neighbourhoods to purchase property in.
See also: Hong Kong Named The Most Expensive Housing Market In The World
The Peak
Top of the list when it comes to the most sought-after residential locations in Hong Kong is The Peak.
"The Peak is historically regarded as the most prestigious location where the tai-pans [business executives] used to live. Due to the building height restriction, most properties in the area are townhouses and low-rise units along with a number of exclusive detached houses, all enjoying exquisite harbour or south island sea views," explains KS Koh, CEO of Landscope, an affiliate of Christie’s International Real Estate in Hong Kong.
Franky Cho, Chief Operating Officer of List Sotheby’s International Realty also regards The Peak to be "one of the most affluent residential areas in Hong Kong". The landscape, views and convenience all help to make the area desirable, with its "peaceful tree-lined streets" and "exclusive real estate" drawing in discerning buyers.
Koh adds: "Just 15 minutes away from the Central Business District, the area is conveniently located and well-served by the Peak Tram, buses and minibuses. Shops, supermarkets and a selection of restaurants are available on The Peak. The neighbourhood offers a green environment with many scenic walks, as well as cooler summer temperatures." Luxe facilities are also to be expected, with "many of the developments coming with communal facilities such as swimming pool, tennis court or gymnasium."
A key property which is currently up for sale at The Peak is 7 Pollock's Path. The 3,649 square-foot family home not only features four bedrooms and en-suite bathrooms, along with spacious living and dining areas, but also its own private outdoor lap pool, terrace and rooftop, all with spectacular views of the city skyline and Victoria Harbour. The property is currently on the market for HK$886,000,000 (US$114,319,630).
