Park Island price chart for last 2 years

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.

Comments

  1. AnonymousApril 14, 2012 at 4:14 AM

    Can you do a price chart for just phases 1 to 5 ?

    My guess is the increase in average price per square foot in the last couple of months will be missing if the more expensive Ana Capri flats are excluded.

    ReplyDelete
    Replies
    1. The Park Island BloggerApril 14, 2012 at 11:58 PM

      Good point. Yes, I will do a price chart for Park Island Phases 1 to 5. I will try to get it up on the Park Island website later this week. Bear in mind, some readers are not overly interested in discussion onPark Island property prices and don't want the site dominated by pricing information. But yes, I will post up the data you have suggested shortly.

      Delete
  2. AnonymousApril 15, 2012 at 3:38 AM

    It is understandable that there are those who would want to hear about other developments in PI. As for prices, I think most people would have some interest if not just passing interest. When we love living in the place, we have a natural interest in seeing the value grow but I can also see from the renter's viewpoint that it would mean higher rents, but hey it is still way cheaper than anywhere in HK Island (with the same quality/facility). Speaking to people in property business, the general trend is up and Park Island would be no exception, while maintaining excellent long term potential. So it is good that you keep us and others updated. I await your next instalment which is always refreshing whether it relates to prices or otherwise.

    ReplyDelete
    Replies
    1. The Park Island BloggerApril 15, 2012 at 7:08 AM

      Thanks, yes this is my view as well. At the gym today someone made the exact same point to me.

      Delete
  3. AnonymousApril 15, 2012 at 4:02 AM

    Actually Park Island is the first place I have ever lived that is shown on a banknote. Two in fact, both the $100s from HSBC and BOC. Great for showing young relatives in other countries.

    ReplyDelete
  4. The Park Island BloggerApril 15, 2012 at 7:06 AM

    Wow - is that really true? I didn't realize that. I'll try and post up a photo of the notes. If you happen to have copies please send these to me at ParkIslandProperty@gmail.com

    ReplyDelete
  5. AnonymousApril 15, 2012 at 5:39 PM

    Indeed it is true that Park Island is featured in both HSBC and BOC $100 banknote, both on the reverse side. HSBC version (production years 2003-2009) showed PI with a few blocks only. BOC version (production years 2003-2009) show more Tsing Ma bridge prominently and PI at the background. Will try and scan later.

    ReplyDelete
  6. AnonymousJuly 4, 2012 at 6:54 AM

    that uptick in the most recent period seems to be missing from centadata, from the actual figures it looks like there has been little or no gains on PI for years....http://hk.centadata.com/eptest.aspx?type=3&code=WDPPWPPEPB&info=chart&code2=&page=0

    ReplyDelete

Post a Comment

Popular posts from this blog

Pool facilities on Park Island

Image
My favorite pool on Park Island is the outdoor pool at the Blue Blue Club. Blue Blue Club Outdoor Pool Right now, as things warm up, one thing I enjoy is eating a meal overlooking the pool, and then having a relaxing swim, followed by relaxation the jacuzzie. I usually swim 2 to 3 times a week, and I find it a great form of exercise. One thing I really like about Park Island is that apart being surrounded by ocean (where you can swim if you wish) there are a large number of resort-style pools to chose from on the island. The Blue Blue club has the outdoor pool (pictured above) and an excellent Olympic style indoor pool (pictured below), also with 3 jacuzzie (one large mixed-sex one, and then one each in the mens and ladies rooms, along with steam saunas, dry saunas, etc). Blue Blue Club Indoor Pool The other pools are located at the Green Green Club house, in the middle of the Park Island (again with communal jacizzie), and also a huge outdoor pool near the Phase 5 apartments
Read more

When will private cars be allowed on Park Island?

Image
As promised, here is an update on the discussions I have had with the Hong Kong Planning Department and the Hong Kong Transport Department. First, below is the actual response I received in relation to submissions and inquiries related to allowing access and car parking for private cars for Park Island residents.  This office has consulted Transport Department on your proposal. T his email serves as a coordinated reply by Planning Department and Transport Department. The construction of the Airport Core Projects had impacts on the planning for Ma Wan. The Hong Kong International Airport at Chek Lap Kok is about 12km to the west. The Lantau Link, which is the major transport link between Lantau and the urban area, passes over Ma Wan. Ma Wan is located at a prominent location along the Tsing Ma and Lantau transport corridor and subject to traffic capacity and infrastructure constraints. Comprehensive planning and control on development on the island with due regard to all
Read more

Green Green Club on Park Island

Image
Park Island has a number of club houses across the Estate. All residents can use any of the club facilities. Normally I hang out at the Blue Blue club, as I like the outdoor pool with the infinity effect overlooking the ocean, but I recently went to the Green Green club for a change, and took a look around. Here are my pics, in no particular order: -The club house has lots of activities for kids (and adults posted). Here is a snapshot of one of several pages of current activities. Park Island Activities for Residents Childrens' activities on Park Island -The Green Green club has a number of insulated music rooms, some with pianos and others empty. This is a GREAT idea for people (and children) who wish to practice music without disturbing neighbours. Its also a good idea for anyone who likes to play the piano, but does not want one taking up space in their apartment! Park Island Music Room -At the center of the club house there is a nice open roof "zoo". See
Read more