(By Liang Yueqin)
The recent Hong Kong property market has shown signs of recovery, under situation that the Sino-US trade war ceased, the US interest rate rising may possible slow down and new HOS potential buyers return back to the market, The above favorable factors are indeed conducive to the atmosphere of the property market. Hong Kong is still in a low interest environment. The rigid demand for housing in Hong Kong is still high. It is expected that Hong Kong property market will develop healthily next year, and the overall property price is expected to have a fluctuation range in 10% , Development Department Director of Country Garden (Hong Kong) , Deng Peixin, expressed when accepting an interview with the reporter.
Country Garden's first residential project in Hong Kong, Altissimo, had already launched the first batch in early. Altissimo has superior location in coastal area of Whitehead Peninsula of Ma On Shan, facing 270-degree sea-seascape and in plot ratio of 1.53 times, which is in low-density residential project design, besides the traffic is convenient because of the nearby Wu Kai Sha MTR Station, so the group turned it into a luxury residential project for different types of families.
Altissimo meets all kinds of family needs.
Altissimo offers totally 547 units including four tiered buildings, one small high-rise property and another 13 separate houses. The usable areas of tiered units are from 271 sq ft to more than 3,000 sq ft, and the areas of villas are from 3,300 sq ft to 5,289 sq ft, he said. The project types include one to four bedrooms and feature units, one room and two rooms among are the most taking 70%. The materials are good, such as Miele and De Dietrich for kitchen appliances, and the top brands such as Kohler, Duravit and Dornbracht for bathroom ware.
Developed mobile app by their own for booking club facilities.
In addition, Altissimo's guest club "Altissimo Club" has an indoor and outdoor area of more than 30,000 sq ft to create a leisure living space, including an outdoor swimming pool in about 59 meters long. There are more than 3,000 sq ft grasses on the top floor of the clubhouse for residents to use as barbecue or large parties, etc. In line with the requirements of the new generation, Altissimo provides smart home equipment, such as its own mobile phone app, which allows residents to book club services and facilities. He pointed out that the target customers are diversified, most of whom focus on lifestyle and look forward to coastal scenery and low-density space.
He believed the rigid demand is large since Hong Kong residential land is less, and the long-term property price trend will continue to develop healthily. The next project of the Group will be the residential project in Carpenter Rd of Kowloon City.
