Victoria Peak

Victoria Peak · Hong-Kong

Essentials of Victoria Peak

The neighborhood was originally built by European residents who wanted to escape from the tropical heat of the port and who started to build their houses on this peak which reaches 550 meters of altitude. The Victoria Peak neighborhood is one of the best ones in Hong Kong. It is the highest point of the island and as it dominates the city, there is a breathtaking renowned view on the famous bay and the skyscrapers. It has been the most fashionable district since the colonial era. Between 1904 and 1930, the Peak Reservation Ordinance stated that the Victoria Peak district was a place which was only reserved for non-Chinese residents. Nowadays, it is a trendy residential place which hosts the most splendid properties of Hong Kong and welcomes the most wealthy population of the city.

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Local data and insights

Understanding the Victoria Peak market

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.

Local guide

Live and invest in Victoria Peak

Seasons

Low Season

May 01 – Sep 01

Hong-Kong has a subtropical wet climate which is characterized by milld temperatures all along the year. From May to September, temperatures are at their highest but this period is characterized by a predominant rainy weather and typhoons, which mainly occur in September. The moisture is important and easily reaches...

High Season

Oct 01 – May 01

From October to April, it is the best period to visit Hong Hong as climate is pleasant and rains are reduced. Temperatures can be cool in January and February. There is a little moisture and possible mist. This period is the ideal one if you want to attend the Chinese New Year in Hong Hong, which is a massive and un...

Peak Season

Nov 01 – Dec 31

The months of November to December represent the perfect period to fully enjoy Hong Kong. The weather is sunny and temperature are comfortable. Rains are rare and there is less moisture. Besides, in November, Hong Kong welcomes the International Cricket Sixes, which is said to be an unmissable event. For this reason...

Points of interest

Sky Terrace 428

Standing at 428 meters above the sea level, this belvedere offers the highest 360 degrees view in the city and permits to admire stunning landscapes of Central Hong Kong, Victoria Harbour and the surrounding islands. This terrace is situated on the top of the Peak Tower is a scenic place to enjoy the architecture of...

Peak Tram

The Peak Tram was the first funicular railway to be built in Asia and it was put into operation in 1888. At the beginning, the carriage was divided into three categories: the first-class was occupied by Peak residents, the second-class host soldiers and policemen and the third-class was reserved to Peak residents' s...

Victoria Harbour

This is an unique place and draws its exceptional aspect from its natural beauty and the tremendous architecture of the surrounding buildings. In a small area are gathered huge skyscrapers which form the highest skyline in the world. Apart from the harbour, which welcomes millions of tourists every year, there are o...

Around the destination

Discover other markets 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...

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