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Archive for January, 2009

Exotic International Travel to Hong Kong

Wednesday, January 21st, 2009

If you are considering exotic international travel to Hong Kong, be sure also to take in the environs of Hong Kong, such as Zhongshan, Macao and Tai Mo Shan. Although Hong Kong itself is a wonderful place to visit, these other attractions offer you an alternative view of China that is less frenetic, and more akin to the China most people have in their minds.

The best way to see this part of China, and it is part of China because the British handed Hong Kong over to Chinese control in 1997, is by means of a personalized tour that only the best international vacation packages can offer. This enables you travel at your own pace, with your own driver, without the encumbrance of a group of others who might have different views than you as to how long to spend at each attraction.

Good planners arrange tours to suit their individual customers and their partners, and although the cost of these might be higher than you would pay for general vacation group packages, it is worth it if you are looking for luxury international trips as opposed to just an ordinary vacation. At least one travel company states that if you can’t live better away from home than at home, then why bother going? A good sentiment.

Back to Hong Kong as a destination for exotic international vacation tours. Its capital is the island of Victoria, which to many is synonymous with Hong Kong. Victoria sits in Hong Kong harbor, and Kowloon is the mainland part of the district. At night you can enjoy the magnificent laser light show from around 8 – 9 pm, when you can see a magnificent display of thousands of lights from the various tall buildings, including the laser beams that shoot across the sky. This show is accompanied by music. The Tsim Sha Tsui Promenade is great place from which to watch this display.

Make sure you also visit some of the fishing villages in the district, such as Aberdeen and the Sok Kwu Wan fishing village on Lamma island that is famed for its excellent Chinese seafood restaurants. You should also visit the Chinese border, out past Kowloon into the countryside. However, there is more to exotic international travel to Hong Kong than just that.

The first Europeans to settle in the Far East were the Portuguese, and the oldest settlement was at Macao, also known as Macau. This was also handed back to the Chinese, but you can still visit Macao, especially the Grand Prix circuit and the casinos: Macao is not nicknamed the ‘Monte Carlo of the Far East’ for nothing. It also has a unique combination of Portuguese and Chinese culture that is found nowhere else in the world.

Make sure that you also take a tour to Zhongshan, on the Pearl River delta. This is an 800 year old village covering some 20 square miles, inhabited by traditional fishermen and farmers.

Also in the area is Tai Mo Shan (Big Hat Mountain), the highest mountain in the district, and providing magnificent views of the Lam Chuen valley and the Shek Kong Airport.

Hong Kong is not all high rise buildings and people dashing frenetically about talking to cell phones. There is also the peaceful part that comprises nine tenths of the district. Places such as the Chuk Lam Shim Yuen Buddhist Monastery and the Tang Chung Ling Ancestral Hall, with its delicate wood carvings and built in honor of Tang Chung Ling who founded the Tang clan.

Close by is one of five famous walled villages, Lo Wai, built in the 13th century.

Make sure, if you can, that the Hong Kong packages you look at include trips to these places of interest that show the real China, as opposed to the westernized influences of Hong Kong as most people know it. Good vacation planners should include tours outside the environs of Victoria island and Kowloon and into the Chinese mainland and surrounding district.

It’s a long way to travel just to visit the skyscraper city that is just like any other modern day city, and miss the real flavor of the Orient that can be found just a few miles away. Real exotic international travel to Hong Kong must involve some element of the mystery of the Orient, and that is what you will find once you get away from the modern parts of the city. Take in a tea plantation, and perhaps a local traditional Chinese market, and try some of the more traditional fare as opposed to the very westernized food of Victoria.

Residential Real Estate in Hong Kong

Thursday, January 1st, 2009

Hong Kong residential real estate is regarded as the most lucrative as well as the priciest in the world. The most prominent of Hong Kong’s landmarks, the Peak – officially known as Victoria Peak – boasts of the most expensive residential real estate in the world. With its stunning views, Lilliputian pines, eye catching bamboo and fern plantations, and vines of exceptional beauty, this posh area’s many of the houses, flats, and villas are occupied by top executives of banks as well as corporate giants. A residential property in the Peak costs almost $5,500 per square foot. Further, residential properties in many of the regions in Hong Kong have record prices. As per certain records, a small house in one of the dull areas of the city is more than two million Hong Kong dollars.

Depending upon the requirements of people, a variety of residential real estate properties are available, such as, single detached homes, penthouses, villas, apartments, and flats. There are also special types of residential properties, especially designed for senior citizens, such as Housing for Senior Citizens and self-contained flats developed by Hong Kong Housing Authority – the main developer of public housing in Hong Kong.

Today, people invest in residential real estate due to a myriad of reasons. Mostly, residential properties are chosen for renting out. It is estimated that a residential property in Hong Kong can get you a minimum of HK$ 100,000 annually.

Since many westerners prefer this destination for long stay or to spend a relaxed retirement life, the demand for residential real property has tremendously increased than ever before. However, a residential property can fetch you profits only if your property is located in the city’s posh areas with easy accessibility to almost all facilities and attractions in the area. If a residential property is acquired to sell it after some times, then go for a property located in such areas that have strong potential for growth.

A great benefit of investing in residential real estate it serves as an excellent long term investments, yielding handsome profits. Since Hong Kong’s property value is constantly increasing, you can sell it at a price 20-50% higher than the amount for which you purchased. Likewise, investing in residential property is a great way to earn safe income by renting out. Above all, foreigners can easily invest in residential real estate, as law and regulations in connection to them are quite liberal.

The procedures in connection with the purchase of real estate in Hong Kong are administered by the Conveyancing and Ordinance, which is structured on the basis of English law. One of the features of Hong Kong Property Law is that each of the real estate property found here belongs to government, ie, all property here is acquired under leasehold title. Hence, those who are interested in property investment buy an agreement or a lease for a period ranging from 50 to 999 years.

With a myriad of real estate firms and property builders in the firm, you could easily find your dream residential property in Hong Kong. Majority of them even render the services professional attorneys to perform procedures related to buying of residential real estate. In addition, some of them even arrange mortgages for the purchase of real estate property.