|Review of York Place, Wanchai|
York Place is a new residential building in the heart of Wanchai in the very busy Johnston Road. Close to everything, that might be too close for comfort for some. It's right beside the tram line and Wanchai area undergoing a makeover. Many projects are in the works, like the wedding alley.
It's located in a very busy part of Wanchai, and should be perfect for busy people working or doing business in the area. However, if you're going to live long term here, you have to ask yourself why.
Public transport is excellent. The cheapest mode of transport in Hong Kong, the tram, is at your doorstep. You can catch the bus either in Queens Road East or the crowded and polluted Hennessey Road. The MTR train is but 5 or 7 minutes walk away.
York Place is close to everything just like the J Residence, including the undesirable noise, questionable air quality, and busy traffic of both humans and vehicles.
This development boasts of a 5-star clubhouse and some flats with full seaview. Also mentioned is the high quality materials used for building, yet not highlighted is the seemingly low usable area of flats where you would think the flats are actually smaller than what is being advertised.
Nightlife is easily accessible from York Place, just get out of your building, walk a few meters and you'll see what Wanchai has to offer. Wives won't love it too much though.
It's new, it's luxurious, it's expensive. One has to ask whether it's overpriced. Check out the recent prices or transactions.
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Finding a place you can call your home in Hong Kong is a tricky endeavour. There are many factors that needs to be taken into consideration.
"Hong Kong house" is usually not used as the concept of a detached home is almost unknown. Hong Kong houses just for you, or your family is almost non-existent. Most of the time here in Hong Kong you need to live in apartments or flats and have to share one floor or level with many others.
Yes, real estate in Hong Kong is unique. Newcomers mostly rent in Hong Kong. And this may be the best approach to housing. You know, you get to know first the area where you want to live long term with your specific needs taken into consideration before buying something, if that is your plan. Prices are at very high levels (compared to historical levels) that buying immediately is not suggested.
Before buying, you need to know the property very well. This site is a good start in that direction.