South Lantau Property
Many who come to South Lantau for the first time find it hard to believe how different it is from the rest of Hong Kong Island; the sprawl usually associated with the bustling city just isn’t here, and for this reason alone many investors become interested in South Lantau property.
South Lantau is famous for its beautiful landscapes, beaches and it’s equally stunning interior which has hiking trails and nature reserves. Many see the area as a vast outdoor space – especially when compared to Hong Kong Island. Swimming, surfing and cycling are all easy to do here and there are plenty of options. Even without any sporting activities, it’s an attractive place just to be in and to enjoy the peaceful atmosphere along with amazing views over the South China Sea. There are a plethora of small, traditional villages which are all about community and are much appreciated by residents, new and old alike. Most of South Lantau still remains relatively undeveloped, and it is a far cry from the city’s skyscrapers and extreme busyness. There is little in the way of pollution or traffic congestion, too and for many it feels a much healthier place to live in.
Some potential investors may worry that buying South Lantau property may lead them to miss out on the proximity to the city. Such concerns are groundless as the area is very well connected to the urban areas of Hong Kong. Unless you live in a particularly isolated area far to the south, it is easy to get to your destination thanks to facilities such as the Hong Kong–Zhuhai–Macau Bridge or the Tung Chung MTR station. Many commuters also make use of the excellent ferry from Mui Wo. It’s quite possible to be under an hour away from the city center, while enjoying a relaxed life in South Lantau.
South Lantau property isn’t however just for those who want to escape from all the stress of living in the city; it also makes sense from a purely financial view. Property prices here are more affordable and it is easier to enter the market on a smaller outlay. And not just that, property sizes in South Lantau are generally bigger than on Hong Kong Island – and this holds true, whether an investor wishes to buy a small apartment, a luxury villa or anything in between. Many people are buying South Lantau property simply because they want more space, whilst others desire to have a second home, away from the hustle and bustle of the city.
There has been a lot more demand from investors in recent years for South Lantau property, as the island has been seeing greatly improved infrastructure. It’s more connected to the central Hong Kong than before – but all the while has maintained its charms. With the area becoming more connected, capital appreciation becomes all the greater. South Lantau is also popular for rentals, and many investors are buying property here as they know they can rent to vacationers or long-term to expatriates who are very happy to stay in such an attractive area. South Lantau is increasingly being seen as both a laidback holiday and a lifestyle destination. It is better-known these days on the international scene and is expected to generate an increasing amount of interest as time goes by.
South Lantau property covers a large spectrum and there is much diversity to be found. There are vacant plots of land available for purchasers to build their own homes. Such plots tend to be in the more isolated areas, although there are plenty of exceptions.
Many couples and families decide to buy an apartment in South Lantau. There are a considerable number of low-rise apartment buildings to be found that are ideal, and which also provide an easy way to enter the Hong Kong property market. Many apartments will incidentally come with sea views.
Townhouses are also popular and offer contemporary-style living and great designs. Over at Discovery Bay there are developments of townhouses which are very practical to live in and also offer pleasing amounts of luxury. These homes are very suitable for families who would like more space than an apartment would offer. Some are even within close proximity of international schools and are favored by expatriates who are looking for exceptionally convenient areas to settle in. South Lantau Property is ideal when it comes to balancing being near the city with being close to nature. South Lantau offers great outdoor beauty with the possibility of a very relaxed lifestyle. Here at ARIA, we are intimately acquainted with South Lantau, as well as the rest of the island – we are locals. Please feel free to reach out to us and we will be happy to help you in your search for a home.