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Showing posts with the label Anacapri Park Island transaction records

Hong Kong property prices - back on the way up in 2019

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My last post on the Park Island blog was titled  Well that didn't take long . I was referring to the admirable community spirit of Ma Wan residents cleaning up after Hong Kong got hit my massive typhoon, but I could just as well have used that same title for the subject of today's topic, which is about the rapid recovery of the Hong Kong property market. Take a look at the graph of Park Island property prices for 2019: Park Island Price Graph 2019 Look at that massive spike that has taken place over the last few weeks. This price increase has been mirrored across the Hong Kong property market generally, but the upward trend for Park Island has been particularly sharp. Why? Well, at a general level, we have the US Fed reducing its outlook for rate rises in 2019. This is positive globally for assets (as assets are usually financed using debt, and if the cost of debt is lower then assets become more "affordable"). In Hong Kong this effect is even

Anacapri on Park Island - Phase 6 Park Island has a new name!

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It looks like the Phase 6 development will be called AnaCapri. Here is the link of the Anacapri website: Anacapri Park Island . The villas have been named Block 32 Park Island (Sun Ocean), Block 33 Park Island (Luna Ocean), and Block 35 Park Island (Aqua Ocean). They missed out Block 34, due to Chinese superstitions about the number which is considered unlucky. It seems that prices for the Phase 6 Park Island villas will be put here: Park Island Phase 6 Prices . Transaction records from Sun Hun Kai for Anacapri: Anacapri transaction records . Centadata is also keeping Anacapri transaction data: AnaCapri Price Graph . AnaCapri Full details and the sales brochure of the Anacapri development on Ma Wan are here: Park Island Phase 6 information .  About AnaCapri I will post up more details soon along with a few further thoughts. I am asking a sales agent to show me around next week and I'll snap a few photos. The AnaCapri website is http://www.anacapri.com.hk/ .