Why Lantau and Discovery Bay are growing in popularity among discerning home investors

Anyone waiting for the right moment to invest in upscale property in Lantau, or one of Hong Kong’s other outlying islands, may well find the next few months is the time to make a move.

That is because of a couple of factors, both a direct result of the coronavirus pandemic. One, of course, is the prevailing uncertainty about immediate market prospects which, for the time being at least, has put the brakes on otherwise escalating prices.

The other is the strong likelihood of a notable number of high-quality homes becoming available within a relatively short time frame. Some are in new developments. The rest, freed up as a consequence of recent turmoil in the airline industry, are expected to be in prestigious blocks in and around Tung Chung, as well as in the enclaves of well-appointed “village houses” that are found mainly across South Lantau.

As things stand, though, there should be no shortage of potential buyers. Despite the stresses and setbacks of 2020, there is as ever an underlying sense of confidence among purchasers that property values will continue to climb over the long term – because that is what they do.

And the wide array of advantages which Lantau now offers, from pristine beaches, water sports and country parks to easy airport access and high-grade transport infrastructure, point to increasing interest from both local and international investors.