daily menu » rate the banner | guess the city | one on oneforums map | privacy policy | DMCA | news magazine | posting guidelines

Go Back   SkyscraperCity > World Development News Forums > General Urban Developments > DN Archives

Global Announcement

As a general reminder, please respect others and respect copyrights. Go here to familiarize yourself with our posting policy.


Thread Tools
Old August 26th, 2009, 04:00 AM   #81
Join Date: Dec 2003
Location: Hong Kong / Los Angeles
Posts: 1,527
Likes (Received): 7

Swimming pool? Imagine those poor bastards in one of those villas!
"Image Is Just Your Imagination. Reality Is Rarely Revealed."
spicytimothy no está en línea   Reply With Quote

Sponsored Links
Old August 28th, 2009, 11:34 AM   #82
Registered User
Join Date: Aug 2009
Posts: 3
Likes (Received): 0

hitandrun no está en línea   Reply With Quote
Old September 16th, 2009, 12:03 PM   #83
Hong Kong
hkskyline's Avatar
Join Date: Sep 2002
Posts: 86,508
Likes (Received): 17832

Bel-Air proves to be profitable for buyers
7 August 2009
South China Morning Post

Residence Bel-Air on Cyberport Road in Pok Fu Lam is popular among luxury property buyers and tenants since the launch of the first of six phases in 2003.

Some owners have sold properties for short-term gains. A 2,378 sqft four-bedroom flat with sea view sold for HK$30 million last week.

The seller bought the flat in 2007 for HK$24.58 million, netting a capital gain of 22 per cent over two years.

Another transaction was for a 1,560 sqft three-bedroom flat with sea view. The seller bought the flat two years ago for HK$16.38 million during the launch.

The flat was sold in June for HK$18.64 million, netting a gain of 13.4 per cent.

Centaline Agency district associate director Patrick Lam, who oversaw these transactions, said that the majority of sellers, who bought the properties during the launch, were able to make a profit on resale, especially over the past few months. "Bel-Air has a wide appeal," Mr Lam said.

"It has the whole package - good infrastructure and facilities. It has gained an international reputation."

The clubhouse offers residents the use of facilities such as a gym, playground, saunas, squash courts, swimming pool and tennis courts.

Cyberport is about 15 minutes from Central and 10 to 20 minutes from the beaches of Deep Water Bay, Repulse Bay and Stanley.

Bel-Air offers a range of different types of property, including high-rise flats, duplexes and detached houses. Buyers can choose from a smaller property, such as an 835 sqft flat with an average price per sqft of about HK$9,000.

Or choose either a two-storey or three-storey detached house. Some properties of more than 9,000 sqft come with a price tag of between HK$80 million and HK$100 million.

There are still a few new properties available which were held by the developer.

But interested buyers can find more than 250 properties available for sale in the secondary market. Average price per sqft for larger flats is between HK$12,000 and HK$14,500.

A 1,601 sqft three-bedroom flat with sea view and parking space was sold for HK$20.15 million last week - the average price per sqft was HK$12,586.

Mr Lam said the supply of detached houses was limited.

The lowest price per sqft for a detached house in the secondary market is at least HK$20,000. And some sellers are asking for HK$30,000, according to Mr Lam.

He said rents had been stable. The average rent is about HK$28 per sqft for smaller flats and can go up to HK42 per sqft for larger properties.

Although recent buyers were mostly end-users, Mr Lam said that Bel-Air had also been popular among tenants.

More than 40 properties were rented out in July.
Hong Kong Photo Gallery - Click Here for the Hong Kong Galleries

World Photo Gallery - | St. Petersburg, Russia | Pyongyang | Tokyo | Istanbul | Dubai | Shanghai | Mumbai | Bangkok | Sydney

New York, London, Prague, Iceland, Rocky Mountains, Angkor Wat, Sri Lanka, Poland, Myanmar, and much more!
hkskyline no está en línea   Reply With Quote
Old May 4th, 2010, 06:05 AM   #84
ĐЯ ฿฿ שίŧђ Ħīĝђ קΘฬξЯ
bizzybonita's Avatar
Join Date: Jul 2006
Posts: 10,940
Likes (Received): 55

one of my fav project inside HK . Any new updates on this one please ?!
฿ĪẐẐΫ ฿Ǿ₦ŦẪ 2015
bizzybonita no está en línea   Reply With Quote


Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Related topics on SkyscraperCity

All times are GMT +2. The time now is 06:09 AM.

Powered by vBulletin® Version 3.8.11 Beta 4
Copyright ©2000 - 2017, vBulletin Solutions Inc.
Feedback Buttons provided by Advanced Post Thanks / Like (Pro) - vBulletin Mods & Addons Copyright © 2017 DragonByte Technologies Ltd.

vBulletin Optimisation provided by vB Optimise (Pro) - vBulletin Mods & Addons Copyright © 2017 DragonByte Technologies Ltd.

SkyscraperCity ☆ In Urbanity We trust ☆ about us | privacy policy | DMCA policy

Hosted by Blacksun, dedicated to this site too!
Forum server management by DaiTengu