Insights

Tag: Western District

Rezoned land in Western District to provide 3,000 new residential units

30 March 2015 - Following the new MTR extension, new land for potential property developments in the Western District is in high demand. In the recent District Council meeting concerning the development of west Kennedy Town, the proposed rezoning plan gained general support despite some expressing their worries about the community’s carrying capac
By: OKAY.com

The new end of the line: How the MTR extension will affect life and property in the Western District

27 November 2014 - “Sheung Wan, this is the end of the Island Line, all passengers please exit the train” – this familiar announcement will no longer be heard in December when the extension of the MTR’s Island Line will open for residents of the Western District.   The long wait for the train to the western tip of Hong Kong Island is in sight and
By: Dorothy Poon

West Island Line to be opened next month marks the beginning of a brand new Western District

25 November 2014 - The MTR Corporation confirmed that Kennedy Town and Hong Kong University MTR stations will start running from the end of December this year, with Sai Ying Pun Station to be opened at the end of Q1 2015. The new extension will take only 8 minutes from Kennedy Town to Sheung Wan, revitalizing the old Western District and significa
By: OKAY.com

First batch of 30 flats at “Kensington Hill” start at HKD9.84million

4 September 2014 - Wheelock Properties (0020) yesterday announced that asking prices for its first batch of 30 units of “Kensington Hill” at 98 High Street in Sai Ying Pun will be put on the market at an average price of HKD23,572 /sq. ft. (saleable). The units available for sale include 10 two bedroom and 20 three bedroom apartments sized between
By: OKAY.com

Prices for 'The Hudson' will start at HKD18,600 per sq.ft.

27 August 2014 - The price list of the first batch of 50 units in single block development “The Hudson” was released last night. The Kennedy Town property is privately owned by Lee Shau Kee, chairman of Henderson Land (0012). Units are comprised of one bedroom to three bedroom apartments with saleable areas between 324 sq.ft. to 659 sq.ft. Accordi
By: OKAY.com

Hong Kong luxury rentals decline, mass market rentals shine

10 May 2014 - In line with the state of the global economy, it’s no secret that employee benefits for expatriates moving to or living in Hong Kong have been reduced in recent years. In Hong Kong, mid and top-level expats at multinational corporations have been some of the most affected and have seen their housing budgets cut. This has forced them
By: OKAY.com