Looming above the greenery of Victoria Peak and encompassing the seaview of Victoria Harbour, the Mid-Levels district has long been among Hong Kong’s most elite addresses. The winding roads heading south from the city’s most renowned business, retail, and dining precincts are home to towers that have become some of the most desirable residences in Hong Kong for their ability to provide an ideal balance between connectivity and tranquillity.
Located in the heart of Mid-Levels West is Nan Fung Group’s 80 Robinson Road, 45- and 47-storey twin towers that blend contemporary luxury and design with prestige and exclusivity. From the signature circular driveway that puts the city in the background to the glass curtain wall that affords residents panoramic views, the residences of 80 Robinson Road effortlessly marry lifestyle comforts with stellar investment opportunities.
Situated just minutes from the Mid-Levels Escalator and easily accessed by transit, 80 Robinson Road fulfils the most vital of real estate demands: that of location. An easy walk to the office towers of Central — and beyond, from the newly opened Sai Ying Pun MTR station — its five-star shopping and tasteful eateries of Lan Kwai Fong, SoHo and burgeoning Sheung Wan, a home in Mid-Levels West puts the city on residents’ doorsteps.
80 Robinson Road comprises 264 predominantly family-friendly three-bedroom suites, many with ensuites, ranging in size from 619 to 1,083 saleable square feet, including duplexes ranging from 1,532 to 2,356 square feet. Appointed with state-of-the-art appliances and fixtures, the flats maximise natural light and exceptional aspects. Complemented by comprehensive recreational facilities and amenities including a bowling alley, indoor swimming pool, squash court, sauna, billiards room, children’s playroom, dance room and reading lounge, the 25,000-square foot resident’s clubhouse is one of a kind in the area.
In addition to 80 Robinson Road’s position as a premium address for families and professionals for work and leisure, the property is a strong investment option. For both purchasers and tenants, school networks are an integral element of an investment decision, and Mid-Levels West is the location of some of Hong Kong’s finest kindergartens, primary, secondary and post-secondary schools: St Stephen’s Girls College, Sacred Heart Canossian College, King’s College and HKU are all in close proximity to 80 Robinson Road.
Mid-Levels remains a prestigious and highly sought after residential location in Hong Kong, second only to The Peak, and has proven itself a resilient sub-market in both sales and leasing. In the last five years, the most expensive flats ever sold in the city are located on Stubbs Road and on Conduit Road — in the heart of Mid-Levels West — and despite a softening market across all sectors in the current property cycle, Mid-Levels continues to perform on pricing while remaining the preferred destination for new arrivals to the city.
In luxury rentals, Savills data noted that despite a softening rental market, two of the top five rental transactions for the same period were in Mid-Levels. However by May, Knight Frank reported surging sales in April (up 90%), with the secondary sales market continuing to improve, and three of its four most notable sales in April coming in Mid-Levels West. Further to that, the brokerage also stated that rental rates in the district are currently priced at just over $51 per square foot per month — once again second only to The Peak. Finally, with the vast majority of Hong Kong’s new supply coming in the New Territories through 2019, property in Mid-Levels West will benefit from ongoing demand and no new supply to support it, buoying capital gains. Mid-Levels West’s cocktail of stable pricing, limited supply, well-established school networks, accessibility and sustained demand have made it a perennial favourite for both end-users and investors.