Hong Kong has long been a global city synonymous with luxury living.
Hong Kong has long been a global city synonymous with luxury living. From the Peak, with its magnificent views of Victoria Harbor and the city, to the coastline of Repulse Bay, Hong Kong offers abundant choices for luxury home buyers. Joshua Miller, chief executive of Hong Kong premier’s luxury brokerage firm, OKAY. COM, grew up in Hong Kong. Miller’s insider knowledge of the luxury neighborhoods is key to his success negotiating and navigating today’s market. Here’s a look at three top-shelf Hong Kong areas. The Peak “The Peak is generally regarded as Hong Kong’s most exclusive residential area, the top of the world literally (or at least the top of Hong Kong Island),” Miller explains. Prices are among the highest in Hong Kong and vary according to the size and type of property. For example, a recent sale in Mount Nicholson went for HK $720 million (almost US $92 million). Homes aren’t the only high-ticket real estate for sale on The Peak, however. Miller points to “a car park at Mount Nicholson… sold for an astronomical price of HK $10.2 million (US $1.3 million).” Buyers can choose from detached individual homes and spacious low-rise apartments with magnificent views of Victoria Harbour or views of rolling fog, sometimes within the same hour. There are height restrictions on The Peak, so you will find townhouses, detached houses and low-rise apartments with luxurious facilities and private outdoor spaces. The Peak’s central location near top international schools, first-rate hospitals, shopping and restaurants attracts locals and Mainland Chinese,” Miller says.
