Localization? For buyers in Hong Kong it is less and less relevant!
How many of you, when you have to choose a property to buy, do not let themselves be influenced by its location. We can say that it is the main and highly discriminating reason that influences the future investor and, in general, the real estate.
A phenomenon that has attracted our attention, concerns mainly the Hong Kong real estate market, which has seen, over the last few years, a loss, in terms of value recognized by investors, of the location of the properties.
In detail, the closeness to an extremely developed center or places of interest is no longer so important. The real estate is dominated by novelty, from those properties that is new construction. This is because house prices are homogeneous throughout the territory, which is why we are oriented towards comfort and innovation.
But let's get to the heart of this analysis, through what was released by Denis Ma, the head of this research.
According to the expert, the convergence of house prices is explained by the concentration of new real estate structures in certain areas of the nation.
After the measures of suppression of the demand, previously adopted by the government, the buyers have been oriented towards a decidedly more convenient market, channeling them into more fruitful residential areas and with an inherent economic value destined to last over time.
This mood, however, has certainly not discouraged the less developed realities. Rather . Precisely in rural areas, there was a real race to complete the infrastructure to allow a rapid connection with the big cities.
The attention of the buyer, therefore falling on the price and not on the location, will also allow the neighboring areas to actively return to the real estate, without running the risk of being forgotten.
Henry Mok, JLL's senior capital market manager, said that, thanks to this wave of renewal, demand will remain stable and well proportioned to an 'offer destined to increase more and more.
Among the prominent elements, we also recall the need to create the so-called ‘’ smart cities ’’, smart cities that can always be in step with the times and, not least, oriented towards green technologies.
In a country where the level of air pollution, unfortunately, continues to touch worrying levels, an ‘initiative of this type can do nothing but better improve an evolving situation.
The novelty therefore, joins the environmental protection, without forgetting the basic needs represented by an increasingly consistent but, above all, varied demand.
Thanks to this circumstance, in fact, the range of investors has widened decidedly, guaranteeing that anyone can look out for a convenient real estate within the reach of every market target.
Young Erasmus students, pensioners and families, are currently able to find their size in this country, without many problems.
What to say, a good time for Hong Kong!
A phenomenon that has attracted our attention, concerns mainly the Hong Kong real estate market, which has seen, over the last few years, a loss, in terms of value recognized by investors, of the location of the properties.
In detail, the closeness to an extremely developed center or places of interest is no longer so important. The real estate is dominated by novelty, from those properties that is new construction. This is because house prices are homogeneous throughout the territory, which is why we are oriented towards comfort and innovation.
But let's get to the heart of this analysis, through what was released by Denis Ma, the head of this research.
According to the expert, the convergence of house prices is explained by the concentration of new real estate structures in certain areas of the nation.
After the measures of suppression of the demand, previously adopted by the government, the buyers have been oriented towards a decidedly more convenient market, channeling them into more fruitful residential areas and with an inherent economic value destined to last over time.
This mood, however, has certainly not discouraged the less developed realities. Rather . Precisely in rural areas, there was a real race to complete the infrastructure to allow a rapid connection with the big cities.
The attention of the buyer, therefore falling on the price and not on the location, will also allow the neighboring areas to actively return to the real estate, without running the risk of being forgotten.
Henry Mok, JLL's senior capital market manager, said that, thanks to this wave of renewal, demand will remain stable and well proportioned to an 'offer destined to increase more and more.
Among the prominent elements, we also recall the need to create the so-called ‘’ smart cities ’’, smart cities that can always be in step with the times and, not least, oriented towards green technologies.
In a country where the level of air pollution, unfortunately, continues to touch worrying levels, an ‘initiative of this type can do nothing but better improve an evolving situation.
The novelty therefore, joins the environmental protection, without forgetting the basic needs represented by an increasingly consistent but, above all, varied demand.
Thanks to this circumstance, in fact, the range of investors has widened decidedly, guaranteeing that anyone can look out for a convenient real estate within the reach of every market target.
Young Erasmus students, pensioners and families, are currently able to find their size in this country, without many problems.
What to say, a good time for Hong Kong!
