Issue: August 23, 2012 (Archive)

Friday, May 24, 2013

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East is red ... hot
Following a record 13 transactions in a single day at Tai Koo Shing last week, sentiment in the east of Hong Kong Island remains high, with both transaction volume and home prices heading north.

Light on the hill
A ground-floor apartment at the luxury One Beacon Hill comes with a 963-square-foot garden - ideal for throwing private parties or relaxing in quiet solitude.

Time to catch Penang boom
As Hong Kong properties have skyrocketed to near 1997 levels, investors have been looking at Southeast Asia, and Malaysia in particular, where the market is the most underpriced in the Asian region.

Price of strong brand image
The territory's total retail sales value in the first half rose just 13.1 percent year- on-year, compared with 24.4 percent during the same period in 2011.

Watch this space
Adventurous property investors are reaping spectacular returns after buying unusual spaces such as corridors and rooftops - at a time when "normal" premises like offices and shops are consistently breaching all-time highs.

Palace by the sea
A stunning waterfront townhouse with a terraced garden presents a rare opportunity at Tai Tam on the southern side of Hong Kong Island.

Beauty by the sea
Pok Fu Lam has traditionally been known for its quiet location. The home for sale is Bel-Air, Phase 5 in Bel-Air Peak Rise. The 6,296-square-foot duplex apartment has a beautiful view of the South China Sea.

Following the Romans' path
The biggest attraction of the Ermin Apartments - besides the superb location - is the fact purchasers can take quick possession, as the luxury project is slated for completion in October.

Brands shop for cheap NT space
Shop rents skyrocketed as many international brands squeezed into prime shopping districts such as Central, Causeway Bay and Tsim Sha Tsui. This has triggered a trend for relocation, with top brands starting to move north in search of cheaper rents and closer proximity to well-heeled mainland customers.

Sunshine lifestyle
Embracing five hectares of open space, wetland and landscaped parks, Callaway Park has set the standard for premium living in Sunshine, Australia.

Central cooling
With the slowing global economy and the European debt crisis continuing to hover over the market, rental rates of Grade A office space are declining amid lower demand.

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