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Wan chai

China - Hong-Kong


Wan chai - Hong-Kong

Wan Chai is a trendy district situated at the north shore of Hong Kong Island. This historic neighborhood became famous thanks to the 1960 movie "The world of Suzie Wong" and its lively nightlife. This old district is now home to businessmen, upscale pubs and the Academy for Performing Arts as well as the glass-shiny Hong Kong Convention and Exhibition Center. Wan Chai hosts homes of high-class residences and welcomes a wealthy population.This is a pleasant area for wandering and shopping and to discover historical and cultural temples. Its lovely parks and trails offer a piece of nature to relax and escape from the hustle and bustle of the urban life.

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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