Park Island, Ma Wan, Hong Kong

In the comments section of my blog posting : http://parkislandhongkong.blogspot.com/2011/12/property-prices-on-park-island-hit-new.html  a reader commented: "Where did you get this graph chart from? I want to view the source please, I've looked at Midland, Centadata, gohome and property.hk but they show different results to what you have on this blog." Rather than try to anwer the question in the comments section of that posting, I will try to address it here. The data and the HK property transaction graph were taken from Centaline property: www.hk.centadata.com Specifically for Park Island, see: http://hk.centadata.com/pih09/pih09/estate.aspx?type=3&code=WDPPWPPEPB&lang=eng&source=data I think Centadata is based on results done though the Centaline agency, and it seems to me they update the results daily. So you will see changes in the price graph on a daily basis, depending upon the most recent transactions. That is also where I got the price data for

Well, despite all the doom and gloom, it seems that prices have hit yet again a new high. Not good news for those waiting to buy, but obviously comforting for existing owners, (except those hoping for a fall so they can upgrade!). I still think that in these volitile times, you can keep your eyes out for a bargain. There must surely be sellers who have lose money in the stock market, who want to sell off, I would think. And if you look at recent sales records, you can see that some people have recently bought well below current market prices. Meanwhile, an agent I spoke to today told me that many people simply are not selling as they do not want to pay the Government tax that was imposed on people who sell within 2 years of buying. If so, I find it kind of ironic that a measure intended to stop property prices rising, has actually had the opposite effect. The agent I spoke to also told me they are noticing a pick up in people looking around, with a view to buying something before th

I am usually up around 5.30am, take a quick glance at the US and Europe financial news, and then do a morning hike before getting back to prepare for the Asian markets to open. These photos are on Ma Wan, on the other side of where Park Island is. Go check it out. Hopefully the Government will not concrete the path over "to make it safer" like that have done on the Peak on Hong Kong island. Having said that, I suspect, eventually, that this land will be developed. Would be great if it just stayed the way it is, but this is HK and any land with views like this tends to get developed evnetually! This morning, on the way back, I treated myself to a hot chocolate from Pacific Coffee in the Piazza, which is now all decorated and with Christmas songs playing . Ma Wan, Hong Kong View of Tsing Ma bridge from Ma Wan Ma Wan View of ocean from MaWan Hiking on Ma Wan Photo of Ma Wan hiking trail Ma Wan/Park Island

Here are some pics of a Park Island apartment with stunning 360 degree ocean views, that was recently rennovated and is now being put up for rent by the owner/designer. It was originally 4 bedrooms, with maid's room, but now is converted into 3 bedrooms, with a HUGE living area, and open kitchen. It looks to me like they have done a really nice job. A very modern, open, minimalist-style rennovation. They also have a large terrace blacony that opens up from the living room, and has two bathrooms. The owners are asking around the 50K mark, all inclusive. They note that a similar apartment rented for 65K, and that the apartment above theirs is  rented for 50K. Whilst I have not yet seen inside the new Phase 6 Park Island villas on Ma Wan, I would think that the views from this apartment must be better as its much higher up. If you are interested please contact Mrs Chan, on +852 62218673 or email me on parkislandproperty@gmail.com and I will pass your email on to her . Here are s

I am happy to put up the occasional Park Island advert up, provided its not from a real estate agent, and especially if you can provide me with some interesting photos that provides useful information about Ma Wan and Park Island. Below are some details of an 2 bedroom apartment on Park Island. 740 square feet, 2 bedrooms, one bathroom, one kitchen, one living room, nice balcony with views. The owner is asking 13K a month inclusive. If you are interested in renting, email me at parkislandproperty@gmail.com and I will pass your details on to the owner.  A Park Island apartment for rent  Dining Area. Park Island apartment  Hall way.  Park Island bedroom  Main bedroom with built in wardrobe. Park Island Kitchen  Gas cooker. Park Island Kitchen  Kitchen. Park Island Balcony  Balcony.  Park Island living room  Living room. Park Island bathroom Bathroom.