Join us for FREE and access exclusive investments and property investment resources
Join IPIN here
Access exclusive opportunities that are only available to IPIN Members
Find out more
We never share your data with any third parties.
*Note: IPIN investment opportunities are available subject
to location and certain knowledge / experience criteria.
real estate assets
Hong Kong Property Market
Luxury residential properties in Hong Kong are attracting attention from those looking to lease, which could make such real estate assets a good choice for investors. According to research published by Savills, leasing demand in the city has remained "strong", with certain districts seeing rents grow.The firm highlighted The Peak and Southside areas, commenting that rents for townhouses in these districts rose by 3.1 per cent and 2.6 per cent respectively during the second quarter of the year, when compared to the first three months of 2011. It also noted that it is young professionals working for investment banks who are sustaining the leasing market.Savills also revealed that families are being forced to look outside the traditional areas for a home due to a lack of supply, which has helped boost the rental sector in districts such as Tai Po, Shatin and Discovery Bay. Meanwhile, prime property in Hong Kong put in a strong performance during the second quarter of the year, with Knight Frank's Prime Global Cities Index headed up by the territory, which saw values increase by 16.1 per cent year-on-year.
Subscribe to IPIN Live by Email - Get our News & Blog updates delivered directly to your inbox - click here
*This page is provided for information purposes only and should not be construed as offering advice. IPIN is not licensed to give financial advice and all information provided by IPIN regarding real estate should never be treated as specific advice or regulations. This is standard practice with property investment companies as the purchase of property as an investment is not regulated by the UK or other Financial Services Authorities.