The world of luxury living is soon to reach new heights with the opening of The HarbourView Place in West Kowloon. And, with an influx of capital into Hong Kong, coupled with a buoyant economy, the major property agencies forecast rental rates will also reach new levels due to strong demand and a limited supply of available premium accommodation.
Some complexes have been hanging up the full sign while others are running at near capacity, although pressure on the market should be relieved, at least temporarily, early next year when the multilevel The HarbourView Place opens. It will join a host of developments in the West Kowloon area including luxury private residential blocks such as One SilverSea which looks across the bay to Union Square towers such as The Arch and The Harbourside.
Sun Hung Kai Properties' The HarbourView Place will be Hong Kong's tallest high-end serviced suite complex and will offer breathtaking views of Victoria Harbour and the Kowloon Peninsula in addition to world-class amenities.
The HarbourView Place is part of a wider venture, the Kowloon Station Development, that includes the adjacent International Commerce Centre (ICC) - set to become the world's third-tallest building when completed. Boasting unparalleled accommodation with the distinctive quality of luxury hotel services, it will occupy the 50th to 70th floors of the Cullinan II, one of the twin Cullinan towers that will be the city's highest residential project.
The HarbourView Place will have about 300 deluxe rooms including studios and one-, two- and three-bedroom suites from 400 sqft to 1,500 sqft.
Mavis Kang, general manager of Signature Homes, the residential leasing arm of Sun Hung Kai Properties, is confident the five- star complex will satisfy clients' requirements for 'premier living standards'.
