Situated on the easternmost part of the New Territories mainland, Tseung Kwan O and Hang Hau have long been a popular destination for families that are looking to rent apartments or properties in a newer and low-density part of the city away from the hustle and bustle. As a new town that’s only began development in the late 1980s, Tseung Kwan O and Hang Hau offer a steady and growing supply of new and modern apartments for rent and up for sale that are extremely popular amongst the city’s younger middle class.
The Tseung Kwan O New Town area is extremely sufficient. While relatively low in density, the district offers an all-encompassing range of infrastructures and shopping complexes to make life extremely convenient for its inhabitants. Tseung Kwan O and Hang Hau’s apartments often situate around an MTR station, and an extensive network of bus and mini-bus options allow easy access to the downtown parts of Hong Kong Island and Kowloon within 30 minutes.
Tseung Kwan O and Hang Hau offer a wide range of properties and apartments for rent year-round. Residential complexes like Twin Peaks, The Grandiose, The Wings, The Papillons, Monterey, Corinthia By The Sea, and Lohas Park are all under 20 years old, and fully equipped with modern facilities and features. Even Tseung Kwan O and Hang Hau’s small house properties and older apartments like Nan Fung Plaza and La Cite Noble are still very popular for renting today. Luxurious low-rise properties like Capri are also available for rent or sale for families looking for a spacious home that is recently built.
Tseung Kwan O and Hang Hau’s apartments are also hugely popular for families looking to rent property in HK, thanks to the wide range of established local and international schools in the area. Prominent private schools like French International School TKO and Shrewsbury International School are within the area, while younger children also have options such as Monteca International Playschool.
All in all, Tseung Kwan O and Hang Hau are both great locations for renting and buying property, thanks to the amazing convenience they provide. The district’s various shopping complexes, such as Popwalk, TKO Plaza, and Metro City cover virtually every type of shopping and entertainment needs, and residents rarely have to leave the new town to shop. Plenty of sports facilities, stadiums, and playgrounds are available for both indoor and outdoor activities, and plenty of job opportunities are available within the district. The MTR and other transportation options also provide quick access to other parts of the city, allowing residents to enjoy the leisurely life of living in a low-density new town without being completely segregated from the city’s main commercial and financial districts.
Property Price in Tseung Kwan O/Hang Hau | |
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Median Sale Price (PPSF) | HK$13.78K |
Median Rental Price | HK$27K |
The figures is based on OKAY.COM database |