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Sunday 8 January 2012

Telegraph - World's top ten places to live, Jan 07, 2012

"Hong Kong
A dynamic, sometimes frantic city, with apartments that are distinctly small and usually 30 or 40 floors up. That’s the bad news. The good news is that Hong Kong is exciting yet safe, and a 30-minute ferry ride from the city centre will take you to tranquil spots such as Lamma Island.
Hong Kong is not really somewhere to put your feet up, but a city to enjoy while your energy levels are at their maximum.
It is best to get the lie of the land by renting first, advises Mitchell Lewis of Christie’s International Real Estate’s Asia Pacific region. “You’re looking at £5-6,000 for a reasonable place to rent per month. If you’re buying, it is £800,000 for an apartment on a lower floor, and about £1.25 million for a higher floor. But you need to hold your nerve. Hong Kong is renowned for drastic market swings.”
For sale Hong Kong Parkview, Repulse Bay. A four-bedroom duplex apartment with mountain and harbour views. £1.2 million. Sotheby’s International Realty (00 852 3108 2108; hksothebysrealty.com)"
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