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Central District of Hong-Kong

China - Hong-Kong


Central District of Hong-Kong - Hong-Kong

Located on the Hong Kong island, Central District is the business district and for this reason, it is nicknamed "The City". It has a modern architecture, luxury boutiques and trendy spots such as « Lan Kwai Fong ». In the financial heart of Hong Kong, there are numerous skyscrapers and world companies' headquarters. But the Central District also hosts luxury shops, huge malls, and the famous crowd. Stuck between the mountains and the sea, this business district spreads over the main island and is crossed by the major underground line between the Central and Admiralty stations. With its crowded streets at all times of day and night, it really became the nerve center of the city and keeps on attracting foreigners thanks to its low tax rates and its liberal capitalist practices.

Market overview

Hong Kong always attracts more foreign investors, and it has a considerable consequence on the real-estate prices, which have skyrocketed in the past few years. In 2014, prices increased by 12% and reached new heights: some luxury properties have been sold 185,000 euros per square meter, despite the legal measures taken by the Government to calm down the housing market. This phenomenon can be explained by the fact that the number of building plot did not rise these past years, which led to a frenetic increase of the existing properties. According to experts, Hong Kong is considered as the most expensive city in the world and this tendency is not ready to change as Hong Kong appeals to Chinese elite and very wealthy foreign businessmen every year.

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Discover Hotspots in Hong-Kong

Hong-Kong is situated in the South-East of the People's Republic of China and is composed of more than 230 islands and a part of the continental territory. It is mainly made of mountainous relief and it has an exceptional deep water port. In 1842 the island of Hong Kong was given up to the United Kingdom. However, in July 1997, the Hong Kong territories were retroceded to China and they became a Special Administrative Region of the People's Republic of China, with a high degree of autonomy. Very urbanized, Hong Kong is a leading financial and commercial area and has a mature economic market and an active domestic consumption. 

This is a multi-facets country as both tradition...

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