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Hong Kong - Property

Hong Kong

Interview With Edina Wong, Senior Director (Residential Leasing – Hong Kong) at Savills

Posted by: scar on Monday November 16, 2015 (13:46:39)   (1719 Reads)
Edina Wong
Edina, can you tell us a bit about your background before joining Savills?

I started my Real Estate career in 1987 working with expatriates looking for homes in Hong Kong. At that time one of my major clients was Jardine Fleming Holding Ltd with approximately 150 leases. I joined FPD Savills in 1989 as a member of the Prestige Homes Division successfully selling high value residential homes. I worked closely with high net worth clients and m ...    more ...
Hong Kong

State of the Property Market in Hong Kong

Posted by: Jamie on Thursday March 07, 2013 (23:23:24)   (2464 Reads)
Hong Kong
The Hong Kong property market is vibrant, just like the city itself. With the Hong Kong dollar pegged to the US dollar, the property market somewhat follows US trends. At the very low current interest rates, along with very low supply, housing demand and prices are high.

It is possible for an expat to buy property in Hong Kong, but there are a number of barriers to entry. First is a factor that affects all potential buyers: the scarcity of pr ...    more ...
Hong Kong

Lack of Living Space in Hong Kong Homes - What To Expect

Posted by: Jamie on Thursday February 14, 2013 (18:01:00)   (4979 Reads)
A congested side street in Kowloon
In our previous article on the we note that the annual living quarters allowance for US government expats in Hong Kong is a range around $100,000 (US). This translates to a monthly rate for rent/utilities of $7K to $10K, which would provide luxury living in most parts of the US and many large cities worldwide. That doesn’t mean, however, that the apartment will provide luxury amenities in Hong Kong. This rent will typically provide an apartme ...    more ...