In the South of Hong Kong island, Repulse Bay is famous for its white sandy beach.
This posh district attracts a lot of expatriate families and many celebrities of Hong Kong have their private estates there. This expensive residential area is one of the city dwellers' favorite places to spend weekends and holidays. In this neighborhood of choice, which combines skyscrapers and luxury properties, you will enjoy a stunning view on the Bay and on the South China Sea. Its wealthy residents have chosen Repulse Bay to live thanks to all its high-end amenities (supermarkets, banks, medical services, trendy restaurants, upscale malls such as The Pulse which is by the beach). Repulse Bay is therefore one of the finest spots to enjoy high quality of life in a peaceful environment with a great view on the ocean.
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.