Issue: February 09, 2012   (Archive)
Wednesday, May 22, 2013   

Central drawcard
Developers' confidence in the property market does not appear to have been affected by new land supply announced by the government last week. Many of the firms are keen to shore up their land bank judging by the interest in an Urban Renewal Authority development in an area near the Central district where historical features abound.



Waterside panorama
Paynes & Borthwick is the newest development in the heart of London. The riverside development provides 257 highly specified apartments that overlook stunning river views toward Canary Wharf, Greenwich and the City.

Up in the air
Residence Bel-Air on the sea has always been a benchmark project in the southern part of Hong Kong Island. The home at Cyberport - flat AB on the upper floor of Tower 2 - has a panoramic sea view.

On top of the world
Overlooking the magnificent skyline of London, The Tower offers a bird's eye view of the world.

World at your feet
If you need perking up, take a look at the newest development in London - the top- notch Baltimore Wharf, on the banks of the River Thames. A prestigious spot in the borough of Tower Hamlets, Baltimore Wharf provides access to all places of interest in this vibrant city.

Peak of royal living
The peak - where Hong Kong's wealthiest families live - is the district where many people dream of having a home. Monte Bello is a three-story unit on The Peak with fantastic views of Victoria Harbour.

On shaky ground
Mainland developers are in survival mode as residential sales are slow and government tightening policies, including buying restrictions, are still in place. Some developers have been trying what are akin to fire sales at projects to replenish cash.

Classy living
Surrounded by sea and overlooking the exclusive Aberdeen Marina Club and the floating restaurants the area is known for, Larvotto offers luxurious living to the upper class with elegant taste.

Hot for hotels
In the first half of 2011, there were 1,161 investment transactions valued at more than HK$30 million among all property sectors, including residential, office, industrial and retail. This represented a year-on-year surge of 48 percent, while the total value of HK$88 billion marked a 46 percent rise.

High-speed booster
By some analysts' accounts, property prices are set for a high double-digit tumble this year. Others estimate a low single-digit dip in residential property prices.

Center of attention
Here's a winner at Scenic Garden in Mid-Levels West - a luxury project with broad city and Victoria Harbour views. This 1,344-square-foot rooftop flat has a bright and spacious living room with large furniture.



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