Park Island, Ma Wan, Hong Kong

In part 1 of this series,  A hike around Ma Wan Island - Part 1  I posted photos of the path up to the top of the mountain on Ma Wan. In this part 2 of that series, I will post pics taken from the top down to the other side which faces Hong Kong island. The Tsing Ma Bridge viewed from the top of Ma Wan Once at the top, you will walk past the gravestones and tombs of local Ma Wan villagers. And on the other side you will get an amazing view of this island here. Its so inviting, and I would love to swim over to it some time! Island viewed from Ma Wan On the other side, you will also see a very private nice beach. There is also a nice pier on this side of the island. Here is a photo of the pier looking towards Ma Wan. You can see the Tsing Ma bridge in the distance. There is also a small pagoda with seats that you can use to rest in the shade, or have a picnic. PS - Be sure to bring water with you, especially if you are hiking in the summer months. Ther...

A great photo here of Park Island ex-pats having fun down on the beach with a toga party. It's not actually an annual Park Island event, but if not, perhaps it should be :) Park Island Toga Party I have had friends from HK island ask me what the social scene is like in Park Island, and they are often suprised at how much fun the expats living there have. Drinks (at the bars (often Cafe Roma's) or onw of the Ma Wan restaurants, or at people's apartments) are always happening. Lots of BBQs. Hanging out by the pool. Doing sports together (hiking, gym, swimming, football, martial arts). Having out at a friend's apartment watching football or the F1. There's always something going on.    As for partying in the bars and clubs on HK island, that's just 15 mins away by taxi. There seems to be two types of ex-pats on Park Island. The younger crowd, who are still into the clubbing on HK island (we see them sometimes coming back home at 6-7am in the morning!) a...

Some photos of some nice interior rennovation of a Hong Kong apartment, in Park Island, Ma Wan. This apartment is 2 bedrooms, and 740 square feet. Nice work guys! Their website is http://www.goodliving.com.hk/ .

Despite the high deposit ratios imposed by the HKMA for propety loans in Hong Kong, property prices in Hong Kong appear to be starting a march towards new highs. With borrowing rates so low, rental prices ever increasing, and asset prices in Asia rising, Hong Kong residents seem to be finding property to be an attractive investment, and one which will benefit them as asset prices across the region rise. In a good article about Hong Kong property prices http://www.chinadailyapac.com/article/hkma-worries-over-renewed-property-market-asset-bubble  and an eventual asset bubble, Chinadaily published the following points: Local home prices have already advanced more than 5 percent in the last month. The Centa-City Leading Index (CCL), an index used to gauge the local home market’s price trend, rose for the fourth consecutive weeks for the first time in 52-week that pushed the CCL to a 24-week high. The 99.17 reading represented a cumulative surge of 5.07 pe...

A reader of this site, commenting on my post containing a  Park Island Property Price Chart , requested that rather than provide an overall summary of Park Island prices, that I provide a chart for each Phase of Park Island. So, below I am now attaching Price Graphs for Park Island Phase 1, Park Island Phase 2, Park Island Phase 3, and Park Island Phase 5. The period covered is the last 2 years. (There is no Park Island Phase 4 as "4" is considered an unlucky number in Hong Kong). Park Island Phase 1 Prices Park Island Phase 2 Prices Park Island Phase 3 Prices Park Island Phase 5 Prices The line shows the average prices per square foot for each transaction, and the bar graph in red shows transaction volume. PS - I also recently received a comment from a reader encouraging me to post things of interest about Park Island other than just comments about prices. I have taken note of that comment, and hope I can strike the right balance between p...

I have no idea what language this is, but it came to my attention today that they had featured this site for information about Park Island http://hongkong.info.pl/to-tak-jak-w-chinach/ . If someone knows what language this is do let me know! Polish or Russian perhaps? I did notice some interesting sites mentioned on that site. One is http://www.bigwhiteguy.com/  which is about a gwailo living in Hong Kong and his various observations on life in HK. The other is a site related to Lamma Island called http://www.lamma.com.hk/ . This is a great site related to Lamma Island and the Lamma Island community. I wish we had something similar for Park Island.

Price Graph for Park Island, Ma Wan, Hong Kong This chart shows prices for Park Island per square foot, from January 2010 to March 2012. As you can see, prices stopped rising for the last 9 months of 2011 (staying at around $5500 psf), and transaction volume fell during the last 6 months of 2011. See this comment on Hong Kong Property Prices I made last year for a more detailed explanation of what lead to the stablizing in prices and the decline in transaction volume in 2011. So far in 2012, it seems prices have started to pick up again, as well as transaction volume, although I am not sure yet if this is a short term effect due to the Anacapri launch or not. Let's see. I still think my predictions in the article referred to above will be correct.