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Showing posts with the label renting on Park Island

Super luxury apartments planned for Discovery Bay

Today's SCMP reports that property developer HKR International plans to build six "super-deluxe" houses ranging in size from 6,000 to 8,000 square feet on Discovery Bay.
"Each house will enjoy spectacular sea views and the project will be located next to the Discovery Bay Golf Club," said Chan Chi-ming, the head of the Hong Kong business unit at HKR, the developer of Discovery Bay.

Agents said the houses planned by HKR could fetch more than HK$150 million each (which by the way makes our most expensive apartments on Park Island look very cheap by comparison!). "Due to their scarcity, they will be sought-after by the rich and famous.".
There are 17 houses on Discovery Bay, each of them 5,168 sq ft, with gardens ranging from 6,000 to 9,000 sq ft. One of the houses on Seabee Lane is on the market for HK$120 million.
Negotiations with the government over the land premium payable for the proposed project, which will be the 16th phase of its developments at Di…

Renting an apartment on Park Island

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The most common way to rent an apartment on Park Island is just to come over, and visit one of the estate agents on the Island and ask them to show you apartments in your price range. Take a look at a range of apartments, make a note of the ones you like (based on size, views, configuration, etc) and then make offers.
There are still some bargains here, compared to HK Island.
  If you see adverts for property in Chinese like this, its quite easy to work out. Here for example, they are asking $35,000 for a 1238 square foot apartment on Park Island.

All the agents speak English, so I would suggest you just go in and chat to them and see what they can show you. And don't forget to negotiate. Its usual to seek 10% off the asking price on a property advertised for rent. If you come across as a desirable tenant, the landlord might well be willing to accept a lower rent in return for knowing the place will be well looked after and that the rent will be paid on time.