Reviews of Property Developers in Hong Kong, China

Hong Kong is a special administrative region of the People's Republic of China, one of the financial capitals of the world, the economic, social and cultural center of the region. Hong Kong is located in the south of China and includes the Kowloon Peninsula, Hong Kong Island, Lantau Island, the New Territories and more than 260 islands. The city is surrounded by the waters of the South China Sea on three sides. Hong Kong has a common border with the city of Shenzhen in Guangdong Province. The administrative division of the city provides for the presence of 18 districts. The permanent population of the city is more than 7,500,000 residents, the overwhelming majority of whom are ethnic Chinese. Hong Kong was handed over to the PRC from Great Britain in 1997 and until 2047 will have broad autonomy from China in matters of its own legislation, police work, monetary system, immigration policy and other issues. Despite the high level of urbanization, the city has a favorable environmental situation. The environmental agenda is under special control of the Hong Kong administration. Currently, only a quarter of the island's area is developed, the rest is covered with greenery, and about 40% of this area has the status of official recreation areas and reserves. Hong Kong's climate is of the subtropical monsoon type, with cool weather lasting from December to March and a hot rainy season from April to November. The basis of Hong Kong's economic well-being is the service sector, which accounts for more than 90% of GDP. In particular, the financial sector, trade, food and tourism are extremely developed.

Reliable Hong Kong Real Estate Developers: Reviews and Projects

The construction industry has developed significantly. The cost of residential and commercial real estate in Hong Kong is constantly increasing, due to the large number of people and companies that need housing and create an increasing demand for real estate year after year. Currently, Hong Kong commercial real estate is the most expensive in the world. Hong Kong also has the highest rental rates in the world for retail real estate and the second most expensive rental rates in the world after London for office real estate. Hong Kong developers are dozens of local and international construction companies that annually build residential and commercial real estate, as well as necessary urban infrastructure facilities in accordance with strict state and local building standards. Some of the major operators of Hong Kong real estate are Sun Hung Kai Properties, Honkong Land, Henderson Land, Cheung Kong Holdings and other companies.

Advantages of buying Hong Kong real estate

The annual number of tourists visiting Hong Kong is more than 40,000,000 people. Hundreds of thousands of business people also come to the city to resolve business issues. They stay in the city for a period ranging from several days to several months. Hundreds of thousands of skilled workers from other countries live and work in the city. Tens of thousands of students from Southeast Asia and more distant countries study at local secondary and higher educational institutions. Among the most prestigious universities in Hong Kong are the University of Hong Kong - the oldest university in the city, the Chinese University of Hong Kong, the Hong Kong University of Science and Technology. In total, the educational system of Hong Kong has nine public and several private universities. Among the most visited places by tourists in Hong Kong, one can single out the Hong Kong "Avenue of Stars", which was created as an analogue of the Hollywood Walk of Fame. Tourists traveling with families often visit Hong Kong Disneyland, opened in 2005 and considered the most compact in the world. Fans of the animal world will enjoy the Hong Kong Wetlands Park, home to many species of exotic birds. Investors who plan to buy real estate in China very often opt for residential and commercial real estate in Hong Kong. Real estate in this city is well suited for short-term and long-term rent.

Due to the fact that the cost of real estate in Hong Kong increases significantly every year, purchasing real estate for resale after several years of ownership is also an attractive investment strategy. Developed urban infrastructure, a large selection of high-quality real estate options, an influx of Chinese and foreign investment in the city, attract real estate investors from all over the world.

Reviews of Hong Kong real estate developers

On our website you will find ratings and reviews of Hong Kong developers left by real estate buyers. Careful study of the reviews will allow you to form your own opinion about the advantages and disadvantages of different construction companies, construction times and quality of construction, finishing of real estate objects. This will give you the opportunity to make an informed decision about investing in the projects of one or more developers.