Bamboo Grove A residence glowing in global ambience - The Standard

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Bamboo Grove A residence glowing in global ambience - The Standard
JUNE 2017

            Bamboo Grove
            A residence glowing
             in global ambience
Bamboo Grove A residence glowing in global ambience - The Standard
There’s no place like home                             international festivals is celebrated with gusto
                                                                                           Home at Bamboo Grove is where you can               and good cheer. There is also an array of regular
                                                                                        luxuriate in generous light-filled spaces with an      in-house activities that you can join in, like sports
                                                                                        open outlook in its variously sized units from         programs designed for your wellbeing, e.g.
                                                                                        one to six bedrooms. All apartments feature            squash, Thai boxing and Taekwondo, or lifestyle
                                                                                        user-friendly European style kitchens where you        workshops and special interest classes that
                                                                                        can cook up a storm for family and friends, and        enrich your mind, e.g. classical ballet, jazz and
                                                                                        well-appointed bathrooms with eco-friendly             Hip Hop dances.
                                                                                        appliances.                                            Hassle-free living with bonuses
                                                                                            Take advantage of the flexible lease terms for         New residents feel instantly at home at
                                                                                        one- to two-bedroom units of 986 to 1,844 sq ft,       Bamboo Grove and are part of one big close-
                                                                                        starting at $42,000 per month inclusive; or the        knit international family who looks out for one
                                                                                        two-year fixed term of three- to six-bedroom units     another in a supportive manner.
                                                                                        of 1,771 to 5,964 sq ft, furnished or unfurnished,         On top of our professional 24/7 security
                                                                                        starting at $80,000 per month inclusive.               services, the management office team have been
                                                                                            It’s sheer bliss waking up every morning to the    thoroughly trained on resident-centric care. They
                                                                                        sound of birds in the salubrious setting backed        provide a cheerful, one-stop service that frees
                                                                                        by lush greenery. There is never a dull moment as      residents from hassles in most housekeeping
                                                                                        residents can make full use of the myriad facilities   and maintenance needs, leaving you with ample
                                                                                        of the clubhouse catering to adults, children as       quality time for leisure pursuits.
                                                                                        well as infants – all perfect for family bonding.          With your carefree comfort uppermost in
                                                                                            Spanning 20,000 sq. ft., the clubhouse caters      their mind, they are genuinely happy to lend
                                                                                        to sporty souls with its gym, heated outdoor           a helping hand in a wide range of chores. You
                                                                                        swimming pool, dance hall, squash court, and           will appreciate their encyclopedic knowledge
                                                                                        table-tennis room. In addition, there is tree-lined    on shopping, dining, entertainment and local
                                                                                        Bowen Road just up the hill that is ideal for a        amenities, as well as on such services as domestic

    A residence glowing
                                                                                        hearty jog.                                            helper, catering, courier, laundry, and more.
                                                                                            Infants have their own play room, while            Nothing is too much trouble!
                                                                                        bouncy kids can revel in the children’s play area          Bamboo Grove residents can also make
                                                                                        (jungle gym) or the kid’s pool for some aquatic fun    use of the newly-launched Lee Gardens Plus

    in global ambience
                                                                                        and games. Furthermore, the spacious, manicured        App. Designed for today’s sophisticated, tech-
                                                                                        podium provides a secure, private playground for       savvy users, the app offers members a more
                                                                                        them to burn up their excess energy.                   personalized shopping experience, unlocking the
                                                                                           New residents can settle in seamlessly, and         latest events, special offers and services at 300+
                                                                                        expand your social circle, as a kaleidoscope of        outlets in this top-notch mall.

In a bustling metropolis like Hong Kong, Bamboo Grove
stands out like a breath of fresh air, offering a homey recluse
for the discerning, and complete with top-class amenities,
and easy access to work, school and play. Residents
luxuriate in the supreme comfort of a mutually supportive
international community, under a professional management
that cares.
Bamboo Grove is a rare find of a gem in a coveted address.

Unrivalled choice for the family
     With a commanding vista from an elevated terrace in the prestigious Mid-
Levels, Bamboo Grove offers the combined privileges of serene, uncluttered                                                                                                                             Bamboo Grove
living and easy commuting. If you choose not to drive, just hop on the shuttle bus                                                                                                                     Address         74-86 Kennedy Road, Mid-Levels
that operates on working weekdays to Central. Alternatively, an easy 10-minute                                                                                                                         Leasing hotline (852) 2830 5708 / 6331 6332
stroll takes you down to the vibrant city hub of Wan Chai for your daily necessities,
                                                                                                                                                                                                       WhatsApp        9501 0226 / 9100 4454
and from where the MTR can whisk you to the CBD in no more than ten minutes,
                                                                                                                                                                                                       Website         www.bamboogrove.com.hk
or the many brand-studded shopping malls in Causeway Bay, like Hysan Place and
                                                                                                                                                                                                       Email           residential@hysan.com.hk
Lee Gardens.
    Bamboo Grove is a perfect residence for the family, as parents have an enviable
choice of up to fifty reputable schools in the neighborhood that deliver top-class
education. Small children are covered by Network No. 12 for renowned primary
schools such as St. Joseph’s and Marymount, while those opting for international
schools will find a distinguished nearby line-up that includes German Swiss
International School, Island School and more.
Bamboo Grove A residence glowing in global ambience - The Standard
Bamboo Grove A residence glowing in global ambience - The Standard
Bamboo Grove A residence glowing in global ambience - The Standard
Bamboo Grove A residence glowing in global ambience - The Standard
Bamboo Grove A residence glowing in global ambience - The Standard
Bamboo Grove A residence glowing in global ambience - The Standard
Luxury Property      Editor’s Message

        To burst,
        or not to burst?

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         Now that local property prices have again ascended to         Wong notes that since the US rate reversal started in        CY

     dizzying heights, even eclipsing those registered during       December 2015, the cumulative increase to date amounts          CMY

     the 1997 euphoria, there is talk everywhere of a bubble        to only one percentage point, with limited impact on the         K

     that is about to burst any time soon. However, as many         local interbank rate. He believes investors will not return
     analysts have pointed out, the current scenario is vastly      to putting money in savings accounts until the rate rises to
     different from two decades ago.                                between 3 to 4%.
        Mr. Peter Wong, Deputy Chairman and Chief Executive            Wong warns that the property market bubble could
     of HSBC – a leading mortgage lender, has made a fair           burst if the Fed tightens money supply at an accelerated
     assessment of the situation. He points out that the crux       rate. But because supply and demand is still out of kilter in
     for the hefty rise in property prices is that the market is    Hong Kong in spite of fresh supplies, there is still room for
     awash with liquidity in a near-zero interest environment,      upward movement in prices. And when price adjustment
     prompting the desperate search for investment products.        eventuates, prices are unlikely to drop to 2008 levels.
     He expects the common conception of buying into bricks         They would hold firm in core areas, and weaken only in
     and mortar to fight inflation will be here to stay.            peripheral districts.
        A side-effect of the loose monetary policy adopted             In terms of property investment, there is no one-
     by the US Federal Reserve in the wake of the financial         size-fits-all answer, and individuals must determine their
     tsunami in 2008 is that, it has depressed the Hong Kong        investment horizon, and do their own sums accordingly.
     dollar, resulting in a corresponding 23% appreciation of the
     Renminbi by 2013, and everything in Hong Kong started to
     look cheap for Mainland investors.

                                                                                                                Features Editor

12   june 2017
Bamboo Grove A residence glowing in global ambience - The Standard
Explore the world

            Luxury Property
                                                                                                                                                                           Feel at home
                                                                                                                                                       JUNE 2017

            Contents
            16    Local overview

            20 Deluxe living

            36 Overseas offers

            40 Home accessories

            48 Directory                                                                                                                                              C

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                                                           Sky Oasis The Lux Mansions                                                                                MY

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JUNE 2017

                           Bamboo Grove
                           A residence glowing
                            in global ambience

                                                 24                                                              40                                                                                  INSPIRING SERVICED APARTMENTS BY SWIRE PROPERTIES

                                                                                                                                                                                  www.pacificplaceapartments.com.hk                    www.taikooplaceapartments.com.hk
                                                 “Luxury Property” is published by
                                                 Display Advertising Department: 10/F., Sing Tao News Corporation Building, 3 Tung Wong Road,
                                                 Shau Kei Wan, Hong Kong
                                                 Features Editor: Andy Ng                         Reporters: The Standard Supplement Team
                                                 Business Director: Irene Chan                    Design: The Standard Art Department                                      LEASING ENQUIRIES (852) 2844 8361
                                                 Advertising Hotline: 3181 3311                   Fax: 2758 3579
                                                                                                                                                                           SWIRE PROPERTIES MANAGEMENT LIMITED
                                                 Website: www.thestandard.com.hk                  Email: advertise@thestandard.com.hk
                                                 All rights reserved.

                                                 Note: The contents of this compendium are for reference only. To the best of our knowledge, the information and
                                                 data were correct at the time of writing. Prospective purchasers should make reference to the sales brochures for
                                                 details of individual developments

       14     june 2017
Bamboo Grove A residence glowing in global ambience - The Standard
Luxury Property      Local Overview

      Looking at the
      facts and figures

                                                                                                               andy.ng@singtaonewscorp.com

       O
              f late, the media seemed to be saturated with extensive           Due to tight local housing demand-supply balance, ultra-
              coverage and rousing images of buyers storming the            low interest rates in the global monetary environment and influx
              sales offices of new housing developments. Indeed, they       of capital, local property prices were out of line with economic
       appeared to be totally oblivious to the repeated warnings from       fundamentals and had heightened risk of a bubble. The home
       the government on the risk of entering the property market.          purchase affordability ratio worsened further and reached 63% in
           While prospective buyers are queuing patiently for their         the fourth quarter, significantly above the long-term average of
       turn to pay their deposits, they should perhaps stop listening to    46% over 1996-2015.
       the agent’s sales talk, and use ‘the cool-off period’ to read the       In the coming year, the RVD report cautions that our local
       latest review of the property market by the Rating and Valuation     economy will remain vulnerable to changes in various external
       Department (RVD), because after digesting the facts and figures,     and internal factors, such as the domestic and international
       they may view the market in a different light.                       economic outlook, the US monetary policy normalisation
           In its overview of the local economy in 2016, the RVD report     process, as well as the movement of international funds, etc.
       points out that in tandem with the gradual improving global          Future change in supply will also affect the property market
       economic environment, the local economy regained momentum            significantly. The Government will remain vigilant and prudent,
       at the year-end after experiencing a notable slowdown early in       and continue to closely monitor property market movements and
       the year. Yet, year 2016 still recorded a slower economic growth     ever-changing external conditions, with reference to a series of
       comparing with the year before. Underlying inflation eased the       indicators like property prices, home purchase affordability ratio,
       fifth consecutive year averaging at 2.3%, edged down from 2.5%       and local and global economic climate.
       in 2015. The labour market remained in a virtually full-employment      In the residential market, the RVD report noted that it turned
       situation and the income condition improved further.                 exuberant from the second quarter after a brief consolidation

16   june 2017
Luxury Property      Local Overview

                                                                                                                                                                                                               YIN SERVICED APARTMENTS
       early in the year. Despite the global uncertainties like the         projection as at end December 2016, the projected supply in the                                                                                   97A Wellington Street, Central, Hong Kong
       UK’s referendum in favour of leaving the European Union, the         first-hand private residential property market for the coming three                                                              Service Hotline: 852 2851 6966 | Email: service@xin.com.hk
       residential market revived rapidly in the second half of the year.   to four years increased to 94,000 units, a record high since the first
       To cool down the overheated property market, to guard against        release of quarterly statistics on supply in September 2004.
       further increase in the risks of a housing bubble, and to accord         Future supply in the private residential market is expected
       priority to the home ownership needs of those Hong Kong
       permanent residents who do not own any other residential
                                                                            to increase steadily with Government’s continued efforts in
                                                                            increasing housing land supply.
                                                                                                                                                     WE BELIEVE
       property in Hong Kong, the Government raised the ad valorem                                                                                   Communication between people transcends
                                                                                Completions in 2016 increased by 29% to 14,595 units. Take-          national boundaries… And home is one concept
       stamp duty on residential property transactions to a flat rate of
                                                                            up, at 11,881 units, was lower than the year’s completions.              that needs no translation.
       15% across different value bands on 5 November 2016. Soon after,
                                                                            Vacancy at the year-end edged up marginally to 3.8% of the total
       property transactions plunged by 47% to 3,550 cases and the                                                                                       Located at the heart of Hong Kong’s district
                                                                            stock, equivalent to 43,657 units. Among these vacant units,
       increase in property prices narrowed to 0.2% in December.                                                                                     of Central, the Yin Serviced Apartments express
                                                                            7,333 units were not yet issued with Certificate of Compliance or        in glass and mortar the sophistication that
          The RVD report reiterated that maintaining the healthy            Consent to Assign after obtaining the Occupation Permit. The             distinguishes this international city.
       and stable development of the residential property market            numbers of units forecast for completions in 2017 and 2018 are               Designed specifically with business travelers
       remains one of the important housing policy objectives of            17,122 and 19,526 units respectively.                                    & local executives in mind, these apartments
       the Government. The Government will continue to adopt a                                                                                       successfully combine the luxury of a five-star hotel
                                                                                The residential property market consolidated in early 2016.          with the warm ambience of home.
       multipronged approach to ensure a stable supply of land to meet
                                                                            Prices rebounded in the second quarter while rents picked up in              Residents are able to leave behind the hustle
       market demands.                                                                                                                               and bustle of the city and immerse themselves in
                                                                            the third quarter. Comparing with the third quarter, prices and
          The newly announced ten-year housing supply target under          rents went up by 6.1% and 1.6% respectively in the fourth quarter.       the tranquility that Yin provides. Yin residents will
       the Long Term Housing Strategy (LTHS) in December 2016 was                                                                                    enjoy their own private world.
                                                                            Meanwhile, overall flat prices in the fourth quarter increased
                                                                                                                                                         Named for a Chinese word that means both
       maintained at 460,000 units, and the target of providing private     by 4.2% over the same quarter in 2015 whereas overall rents              solicitous and prosperous, the Yin Serviced                                                             BE INSPIRED
       housing land from various sources capable for producing about        during the same period recorded a drop of 0.5%. Market yields            Apartments are staffed with highly-attentive                                         GREAT DESIGN NOT ONLY ANTICIPATES YOUR EVERY
       18,000 flats remained unchanged in 2017-18. Based on the latest      deteriorated in the year.                                                personnel and furnished in such a way as to fully                                    MOVE BUT IS A CONSTANT SOURCE OF INSPIRATION
                                                                                                                                                     reflect the success of their residents.

                                                                                                                                                                               YI SERVICED APARTMENTS
                                                                                                                                                                               10-12 Chatham Court, Tsimshatsui, Hong Kong
                                                                                                                                                                               Service Hotline: 852 2735 1882 | Email: service@xin.com.hk

                                                                                                                                                                                                                                                   WE UNDERSTAND
                                                                                                                                                                                                                                                   The importance of home, as a sanctuary for
                                                                                                                                                                                                                                                   loved ones and refuge from the world beyond
                                                                                                                                                                                                                                                   our intimate designs extend the invitation of home.
                                                                                                                                                                                                                                                       Situated in Tsim Sha Tsui at the bustling
                                                                                                                                                                                                                                                   heart of Kowloon, the Yi Serviced Apartments
                                                                                                                                                                                                                                                   intelligently combine modern sophistication and
                                                                                                                                                                                                                                                   old-world coziness to provide residents with a
                                                                                                                                                                                                                                                   true home away from home. Designed to meet
                                                                                                                                                                                                                                                   the accommodation requirements of local and
                                                                                                                                                                                                                                                   travelling executives, the Yi apartment complex
                                                                                                                                                                                                                                                   provides the perfect backdrop for relaxation and
                                                                                                                                                                                                                                                   also making the right impression on colleagues.
                                                                                                                                                                                                                                                   Let these carefully-crafted spaces enhance your
                                                                                                                                                                                                                                                   sense of wellbeing.
                                                                                                                                                                                                                                                       Named for the Chinese word for meaning, the
                                                                                                                                                                                                                                                   Yi Serviced Apartments reflect a philosophy that
                                                                                                                                                                       THE ART OF LIVING                                                           acknowledges both the uniqueness of individuals
                                                                                                                                                     IN YI APARTMENT, EVERY ANGLE REVEALS A DIFFERENT VISTA                                        and the importance of having a space to realize
                                                                                                                                                     EVERY SCENE TELLS THE BEGINNING OF A DIFFERENT STORY                                          one’s dreams and enjoy the fruits of
                                                                                                                                                                                                                                                   one’s labours.

18   june 2017
Luxury Property       Chelsea Court

Height of Tranquility
At Chelsea Court, residents have good reasons
to live it up and soak up the surroundings.

A    s a quality, modern residence, Chelsea Court was designed to
     complement its green surroundings.
   It was developed by Wheelock Properties Ltd in 2001 and all units
are furnished to high specifications. The sizes of all units range from
1,509 square feet to 3,123 sq ft gross area.
   The development consists of two low-rise towers that house
20 luxury apartments. It is located on Mount Kellett Road and all
apartments have great views over the South China Sea and the Lamma
channel.
    There are eight duplexes which provide exclusive use of 811 sq
ft to 1,872 sq ft of private garden, or roof terrace. For residents who
regularly entertain, the roof terrace is the ideal location to witness the
natural scenery – an additional reason for convivial gatherings.
   The remaining 12 apartments are simplexes offering two bedrooms
and two bathrooms. All apartments are finished to a high standard            Chelsea Court
with well equipped kitchen and bathrooms.                                    Address     63 Mount Kellett Road, The Peak,
                                                                                         Hong Kong
   Residents have access to a 20-meter lap swimming pool with
                                                                             Layout      Two to four bedrooms
spacious stone-paved sunning deck where they can cool off, or work
                                                                             Enquiries   (852) 2118 8048
on their tan.

20    june 2017
Luxury Property        D'HOME

There’s no place like home
D’HOME understands its residents’ desires for
homely comfort, attentive service and convenience,
and meets their requirements with a choice of two
well-appointed apartments in town.
Cozy and convenient                             the perfect solution. Located on Robinson
    Nothing can match the feeling of            Road, residents can enjoy the best of both
contentm ent when you re turn to a              worlds: a peaceful setting with stunning
welcoming home at the end of the day.           views of Victoria Harbour, yet still within a
And fortunately for guests of D’HOME, this      stone’s throw of the city’s financial centre.
is exactly what awaits them in their cozy           From home entertainment system
and comfortable accommodation.                  to fully-equipped kitchens and a wealth
    Developed by Nan Fung Group, the            of impressive in-room facilities, all these
apartments at two of the most prestigious       spacious residences come with high-
locations on Hong Kong Island are available     specification fittings to cater to every need.
for both short and long-term leasing.           Selected apartments come with a 3D LED
                                                TV with paid channels, a surround-sound
   Cit y dwellers will appreciate the
                                                entertainment unit and iPod docking so
accessibility and vibrant lifestyle at D’HOME
                                                that residents and their guests can enjoy
Wan Chai. The neighbourhood abounds
                                                the pleasures of top flight entertainment in
with dining, entertainment and cultural
hot spots, while the MTR station and the
                                                a home setting.
                                                    The health conscious will delight in the
                                                                                                 D’HOME
extensive transportation network on their                                                        Address         239 Queen’s Road East, Wanchai
doorstep provide convenient access to           indoor thermostatic pool with Jacuzzi and
                                                                                                 Contract term   1 month minimum
wherever one wishes to go.                      sauna, world-class gym, bowling alleys,
                                                                                                 Size            401–582 sq. ft. (GFA); 270–380 sq. ft. (SA)
                                                squash court and billiard room. Leisurely
                                                                                                 Monthly rate    HK$19,000-HK$36,000
Well-rounded facilities                         moments can best be spent in the reading
                                                room or in the landscaped garden, while          Address         80 Robinson Road, Mid-levels
   For those who prefer a quieter
                                                children have a playroom to meet their           Contract term   12 months minimum
environment, the two sleek, high-rise
                                                needs.                                           Size            1,136–1411 sq. ft. (GFA); 841–1,052 sq. ft. (SA)
towers of D’HOME in Mid-Levels provide
                                                                                                 Monthly rate    HK$60,000 up
                                                                                                 Enquiries       (852) 3108 3636
                                                                                                 Email           info@dhome.com.hk
                                                                                                 Website         www.dhome.com.hk

22    JUNE 2017
Luxury Property   K.CITY

                  City Attraction
     Overlooking the prestigious area     K    .CITY, developed by K. Wah International, has generated intense home buyer
                                               interest considering its location in the Kowloon peninsula with the advantage
                                          of CBD2 in Kowloon East and the adoption of Smart City’s concept. “The Inspiration
     of Kowloon East, K.CITY is a one-    Hub”, tagline of this residential project, encourages people living here to experience
                                          the new lifestyle right at the heart of Hong Kong.
     of-a-kind property set to reinvent      Comprising four high-rise towers and four low-rise towers with 900 units in
                                          total, K.CITY provides accommodation from one-, two-, three-, four-bedroom
     the concept of modern living.        apartments to a limited number of special units. The modified and unmodified
                                          show flats at K. Wah Centre are available for public viewing.

                                                                                                                                       The two-bedroom show flat has been designed with young
                                                                                                                                   families in mind. In the 500-square-foot unit, an off-white color
                                                                                                                                   is adopted for creating an airy, spacious environment. The living
                                                                                                                                   area is well-appointed with modern-style coffee table and sofa,
                                                                                                                                   in addition to a balcony extended from the edge of the living
                                                                                                                                   area. In the dining area, a semi-circular sofa has been placed in a
                                                                                                                                   corner next to the entrance to the flat. The meticulous design of
                                                                                                                                   a round dining table fits in with the furnishings, as well as other
                                                                                                                                   complimentary fixtures and fittings in the flat.
                                                                                                                                       Home-cooking lovers can show off their talents in the well-
                                                                                                                                   equipped kitchen. Electrical appliances are sourced from renowned
                                                                                                                                   international brands, such as Gorenje and Siemens.
                                                                                                                                       Residents at K.CITY can enjoy a wide range of leisure and sports
                                                                                                                                   facilities including outdoor swimming pool, gymnasium, multi-
                                                                                                                                   function room and kids’ zone – perfect for achieving a work-life
                                                                                                                                   balance and spending quality time with families and friends.

                                                                                                                                     K.CITY
                                                                                                                                     Address        7 Muk Ning Street, Kai Tak
                                                                                                                                     No. of units   900
                                                                                                                                     Area           325 – 2,193 sq. ft. (saleable area)
                                                                                                                                     Developer      K. Wah International Holdings Limited

24    june 2017                                                                                                                                                                         june 2017   25
Luxury Property           Mount Pavilia

       SCULPTURE PARK LIVING
     Mount Pavilia, the New World Development (0017) property in                                                                                                                                                                            use environmentally-friendly forms of transportation; the planting
     Clearwater Bay has incorporated sculpture parks into residential living.                                                                                                                                                               gardens and education area allow children and parents to plant
         The project has taken inspiration from sculpture parks that started                                                                                                                                                                crops together and experience nature’s ecosystems. The dining
     to become a trend in the 80s with internationally renowned parks such                                                                                                                                                                  and barbecue area allows residents to experience the process of
     as Yorkshire Sculpture Park, Chicago’s Millennium Park, and Japan’s                                                                                                                                                                    preparing a meal from scratch while cherishing the importance of
     Hakone Open Air Museum drawing attention from all over the world.                                                                                                                                                                      food resources and reducing waste.
         By incorporating sculpture parks into daily life, the developer is                                                                                                                                                                    In recent years, outdoor activities such as picnicking, hiking, and
     creating a lifestyle called “sculpture park living,” which is reflected in                                                                                                                                                             cycling have become popular. The architectural planning of Mount
     Mount Pavilia.                                                                                                                                                                                                                         Pavilia has taken this interest into account, and incorporated these
         Lush, green Clearwater Bay is the ideal setting to explore the idea                                                                                                                                                                pleasures into the living space design.
     of sculpture park living. And NWD embraced the challenge with a                                                                                                                                                                           There are about 340,000 sq ft of clubhouse and landscape
     sculpture park at Mount Pavilia themed on the idea of home.                                                                                                                                                                            area, 400-meter woodland trail, a 100m art trail, and a 950m-long
         NWD believes that artwork for living areas should be accessible.                                                                                                                                                                   cycling trail.
     This is exemplified in the four artworks at the sculpture park. Each
     piece complements the environmental ambience, and allow residents
     to experience them.
         Each artist was invited to interpret their own meaning of the
     word “home.’’
         NWD also invited award-winning children’s facility design expert                                                                                        The indoor multi-intelligence playscape area includes a library, reading
     Carve studio from Amsterdam to design a one-of-a-kind children’s                                                                                        area, toy block house, two-story doll-houses, giant slides and other             mount Pavilia
     playground of over 17,000 square feet at Mount Pavilia. The designers                                                                                   play areas to satisfy every child’s young dreams and inspire their eight         Address         663 Clear Water Bay Road, Clear Water Bay
     crafted five different play areas for different age ranges. There is a                                                                                  intelligences.                                                                   No. of units    680
     toddler area for children aged 3-6, and a central park area for those                                                                                       Mount Pavilia also brings sustainable development ideas into play.           Area            409 – 3,372 sq. ft. (saleable area)
     aged 6-12. There is also a multi-intelligence indoor play area and a         New World Development executive vice-chairman and general manager              The family urban farm reflects green living in an active and                 Developer       New World Development
     waterplay zone for those aged 3-12, and the family urban farm for            Adrian Cheng Chi-kong wants to create a lifestyle called “sculpture park   educational walk. The bicycle parking spaces encourage residents to
     children aged 3-6.                                                           living” in Mount Pavilia.

26     june 2017                                                                                                                                                                                                                                                                                           june 2017   27
Luxury Property    Sky Oasis The Lux Mansions

                                                                                                                                                                                                              Each residence is skilfully furnished with a selection of
                                                                          Living room, dining room and bedrooms are clearly           Each inch of space demonstrates                                    kitchenware and bathroom facilities of eminent international
                                                                          divided by the ingenious Spilt-Level design.                elegance in a harmonious way.                                      brands, including Arclinea kitchen cabinet from Italy, V-Zug
                                                                                                                                                                                                         electrical appliances from Switzerland, Azzurra water closet from
                                                                                                                                                                                                         Italy, Ideal Standard wash basin from the UK and many more. The
                                                                                                                                                                                                         fully equipped island kitchen consists of the top-notch V-ZUG
                                                                                                                                                                                                         branded appliances such as cooking hobs, oven, steamer, coffee
                                                                                                                                                                                                         machine, wine cooler and dishwasher. The Jacuzzi bathtub, towel
                                                                                                                                                                                                         warmer and thermo ventilator exemplify the private luxury in the
                                                                                                                                                                                                         master bathroom. The US-made Bioclimatic air purifier and Daikin
                                                                                                                                                                                                         VRV air-conditioner offer you a healthy, comfortable and clean
                                                                                                                                                                                                         living environment.
                                                                                                                                                                                                             There are 24-hour attentive and considerate concierge and
                                                                                                                                                                                                         clubhouse services. The largest central clubhouse in Macau, Club
                                                                                                                                                                                                         Oasis, the 24-hour Club Mansion reserved for The Lux Mansions
                                                                                                                                                                                                         residents only, as well as the pioneering Oasis City Club at the
                                                                                                                                                                                                         heart of Macau’s city centre, offer exclusive clubhouse facilities and
                                                                                                                                                                                                         services to the discerning residents. Indoor and outdoor swimming
                                                                                                                                      The 24-hour Club Mansion is reserved for                           pools, gym, spa centre, theatre, game rooms, lounge areas,
                                                                                                                                      The Lux Mansions residents only.                                   basketball court, badminton court and all other facilities enable
                                                                                                                                                                                                         you to experience a life of passion, vitality and contentment.
                                                                                                                                                                                                              Currently, the first batch of limited quantity 4-bedroom
                                                                                                                                                                                                         apartments is priced at HK$12,000 per sq. ft.. The best discounted
                                                                                                                                                                                                         selling price stemming from developer’s different flexible payment
                                                                                                                                                                                                         terms is set at approximately HK$10,000 per sq. ft..

     Luxurious residence on a
                                                                                                                                      A thoughtful selection list of kitchen cabinet and
                                                                                                                                      kitchenware with eminent international brands.

     new level       at Cotai Strip of Macau
                                                              Jointly invested by five renowned developers with a detailing
                                                           quality exemplified by world-class professional teams, Sky Oasis The Lux
                                                           Mansions is strategically situated at the south of the Cotai Strip.
                                                               The residence commands smashing views of star filled skies,
                                                           unending greenery, mountainside, a blue coast and the stunning Cotai
                                                           Strip. Being the most striking landmark in Macau, Sky Oasis’ artistry
                                                           of architecture is embellished with its wavy façade. It is a vertical
                                                                                                                                      The carefully-selected bathroom materials and finishes exemplify         Sky Oasis
                                                           sculpture that stands out from the crowd, highlighting space moving
                                                                                                                                      the grandeur and distinctive opulence of the bathroom.
                                                                                                                                                                                                               The Lux Mansions
                                                           in majestic curves.                                                                                                                                 Address    South of the Cotai Strip, Macau
                                                               Sky Oasis The Lux Mansions provides the most sought-after                                                                                       Tel        (852) 2522 6888 / (853) 2823 2323
                                                           4-bedroom apartments with spacious balconies overlooking the                                                                                        Website    www.sky-oasis.com
                                                           charming view of the Cotai Strip and international standard golf course.                                                                            Developer  ITC Properties Group Limited,
                                                           Each apartment is approximately 3,500 sq.ft.. The zonings of the living                                                                                        Linkeast Investments Limited,
                                                           room, dining room and bedrooms are clearly divided by the ingenious                                                                                            Nan Fung Group,
                                                           Split-Level design, which makes the apartment more spacious and                                                                                                Arch Capital Management,
                                                           practical. All apartments are characterised by the stunning 11.5-foot                                                                                          Success Universe Group
                                                           floor-to-floor height and spacious layout.                                                                                                          Sales Pavilion and show flats are situated
 The developer’s senior management and Mr. Edwin Cheung,                                                                                                                                                       next to One Oasis shopping arcade
 Chairman of the developer.

28   june 2017                                                                                                                                                                                                                                                  june 2017   29
Luxury Property        Gateway Apartments

         Your Gateway to
       Contemporary Luxury

                                                                                                      Exclusive provisions with impeccable services                                   Take time for yourself
                                                                                                          A complex of 499 elegantly-appointed serviced apartments boasts a wide           More than just an aspirational address, the Gateway Apartments affords
                                                                                                      range of apartment types, starting from a generous-sized 712 sq.ft. Studio      its Residents a unique lifestyle of choice, with privileged access to the fine
                                                                                                      unit, to a spacious, elegant 3-Bedroom Penthouse apartment with 2,931 sq.ft.    facilities of the exclusive Pacific Club with an array of wellness and lifestyle
                                                                                                          Each elegant space at the Gateway Apartments shines with its own            programmes, located within the complex. Residents have full access to the
                                                                                                      unique personality. The lavish Italian-styled furniture and warm textured       exceptional facilities including a 25-meter heated indoor swimming pool,
                                                                                                      fabrics come standard in each unit. The spacious marble bathrooms feature       indoor & outdoor tennis courts, state-of-the-art gymnasium, and separate
                                                                                                      elegant mirrored vanities, cast-iron bath tubs and separated shower with        Men’s and Ladies’ Spas. It also features a wide variety of dining options
                                                                                                      massage shower heads.                                                           such as an Italian restaurant, a Chinese restaurant, a Grillroom and casual
                                                                                                                                                                                      family dining.
                                                                                                           Functionality and practicality have not been overlooked, all units are
                                                                                                      fitted with a range of amenities such as LCD TVs, home theatre systems with
                                                                                                      over 100 TV channels including cable and satellite TV, a state-of-the-art air
                                                                                                      filtration system, a pillow menu and specially designed bedrooms are fitted
                                                                                                                                                                                        Gateway Apartments
                                                                                                      with all amenities necessary for kids.                                            Address          Harbour City, Tsim Sha Tsui
                                                                                                                                                                                        No. of rooms     499                  Gross Size 712 – 2,931 sq. ft.
                                                                                                          Further to the luxurious hardware, the seamless, impeccable services
                                                                                                                                                                                        Contract term    1 month – 2 years    Monthly rate From HK$50,300
                                                                                                      at the Gateway Apartments promise a world of sumptuous multicultural
                                                                                                                                                                                        Enquiries        (852) 2119 3000
                                                                                                      luxury. Along with the multi-lingual Concierge team and daily housekeeping
                                                                                                      services, are the 24/7 top-notch security and maintenance support.                Website          www.gatewayapartments.com.hk
                                                                                                                                                                                        Email            enquiry@gatewayapartments.com.hk

Rising high above Tsim Sha Tsui with spectacular views
over Victoria Harbour, Gateway Apartments offers
unparalleled living that truly defines sophisticated
comfort.

Your gateway to sophisticated living
    Being a world-class five-star property, Gateway Apartments lives up to its name by acting
as a gateway to bustling Kowloon side of the territory, combining convenience, connectivity
and contentment. Situated within the famed retail and commercial complex of Harbour City,
the most vibrant shopping mall in Hong Kong, Residents of the Gateway Apartments enjoy
ready access to all means of transport within easy walking distance.
    Ideal for business and leisure, the Apartments is well served by a multitude of transport
links, including a nearby MTR station that provides an efficient and comprehensive linkage
to all parts of the city, and a ferry pier for jetfoil journeys to Macau and the Pearl River Delta.

30   june 2017                                                                                                                                                                                                                                         JUNE 2017   31
Luxury Property      Local Overview

        Is Hong Kong at risk of a
                                                                                                                                                           “The secondary market is a huge source of housing
                                                                                                                                                        supply, with a total of 1.2 million private units,” said Tsang.
                                                                                                                                                             On the other hand, the primary market accounts for
                                                                                                                                                        only a small share of the overall market, with the last

        property bubble bursting?
                                                                                                                                                        10 years seeing an average of just 10,952 units being
                                                                                                                                                        completed per year despite the government’s intention to
                                                                                                                                                        lift supply.
                                                                                                                                                            “The biggest uncertainty in the market is we don’t
                                                                                                                                                        know when the government would introduce new cooling
                                          Hong Kong home prices are now at their          million, which about 17 times the average                     measures, which would further push the buyers to the
                                       highest levels since the city returned to China    median household income. Nevertheless,                        primary market. The government should review on the
                                       on July 1, 1997. People keep asking if Hong        the mortgage payment to private household                     cooling measures, such as changing the applicable area
                                       Kong at a risk of a property bubble bursting.      income ratio stood at 47% at the end of May,                  of the cooling measures to primary market only, so as
                                           “The property market is still healthy. We      much healthier than in 1997 when it was up                    to release the huge amount of housing supply in the
                                       expect the capital values of mass and luxury       to 100%.                                                      secondary market,” he added.
                                       residential to rise 10-15% this year. The upward      D e s p i t e t h e g o v e r n m e n t ’s c o o l i n g       He expects the sales activity will be focused in the
                                       trend is expected to continue in coming two        measures, the primary sales market continues                  primary market over the next six months given the new
                                       years,” said Joseph Tsang, Managing Director       to perform well, largely supported by strong                  LTV measures and deadlock in the secondary market. This
                                       at JLL.                                            pent-up demand from f irst time buyers,                       will continue to benefit developers with a line-up of new
                                           Figures from its Land and Residential          which accounted for about 90% of overall                      project launches.
                                       Market Review report show capital values           transactions in recent months. The appeal
                                       of mass and luxury residential rose 9.1% and       of primary market developments has been
                                       7.5% respectively in the first five months of      supported by developer financing, which helps
                                       2017, despite the government introducing           buyers to get on the housing ladder.
                                       new stamp duty measures. Home prices are               Average monthly sales in secondary market,
            Joseph Tsang,              now as much as 75.9% higher than the market        however, fell 41% in the first four months to
            Managing Director at JLL   peak in 1997 and have rebounded by as much         3,515 compared with the pervious ten years.
                                       as 140.5% from the lows following the global       JLL believes that the secondary sales deadlock
                                       financial crisis.                                  is mainly attributed to the cooling measures
                                          A t ypical f lat now costs about HKD7           restricting liquidity in the secondary market.

32   june 2017                                                                                                                                                                                                            june 2017   33
Luxury Property         Local Overview

       Hong Kong’s luxury
       home market continues
       to see upside

                 By David Ji, Director and Head of Research & Consultancy,
                 Greater China, Knight Frank

       D
                espite stricter property market cooling measures,            the overall leader, up 15% during the period, followed by Mid-         on the luxury home market. Stricter controls on mortgage
                including a 15% stamp dut y lev y on f irst-time             Levels at 11% and Pokfulam at 9%. The Peak and Happy Valley            requirements affect only highly leveraged transactions, which
                homebuyers purchasing multiple flats in one contract         both saw prices increase 6%.                                           constitute only a small proportion of luxury home deals. The
       in April and a new round of measures on property mortgages                Considering its high-end market appeal, the luxury home            new SAR government is not expected to deviate too much from
       in May, Hong Kong’s luxury home prices continued to surge,            market is less impacted by factors commonly affecting the              the current housing policies, with no radical cooling measures
       with continuing strong demand for luxury flats from both              mass residential market, such as interest rates, overall housing       anticipated in the short term. Meanwhile, investment demand
       investors and end users.                                              supply and government policy. The extent of interest-rate rises        from Mainland buyers for Hong Kong’s high-end residential
          The statistics from Hong Kong Government’s Land Registry           are not expected to be too significant in the short-term to            properties is expected to remain, given the appeal of Hong
       show sales of residential units transacted at HK$10 million or        affect the affordability of wealthy buyers. The supply of luxury       Kong and thanks to purchasing restrictions on the Mainland.
       more jumped 148% year on year (YoY), from 2,246 units to              flats will remain limited due to the scarcity of land in traditional       Hong Kong’s luxury home prices are expected to continue
       5,575 units in the first five months of 2017. Sales hovered at        luxury areas and the recent trend that developers are building         to rise in the second half of 2017 and are set to increase 5-10%
       high levels of over 1,000 monthly transactions from March to          more small flats which are not to the taste of the wealthy.            over the whole year. Given that Hong Kong’s luxury prices
       May 2017, thanks partly to the return of Mainland investors in        According to the Rating and Valuation Department, the annual           have already risen 4% in the first half of 2017, we expect it not
       the local luxury market, and partly to the accumulated local          average completion of flats sized 100 sqm or above will be             difficult, barring any severe external shock, for the price increase
       purchasing power.                                                     approximately 2,000 units a year in 2017 and 2018, accounting          to reach our projected range.
          Knight Frank’s Prime Global City Index (PGCI) indicates that       for only around 10% of total residential supply in Hong Kong.
       luxury home prices have increased for 11 months since July               The cooling measures recently implemented by the Hong
       2016, gaining an accumulated 10%. By district, Island South is        Kong Monetary Authority (HKMA) have had a limited impact

34   june 2017                                                                                                                                                                                                             june 2017   35
Overseas Property      Alila 2                                                                                                                                                                                                                                                                             Shoreditch Exchange   Overseas Property

                                                                                                                                                                                        Richly appointed
  Opportune Time to
                                                                                                                                                                                              residences
  Invest in Penang
  Real Estate
                                               P   enang, Malaysia is now a hot destination for
                                                   investors interested in owning a second foreign
                                               holiday or retirement home. This was reflected by
                                                                                                                        price is only 10 percent of a similar property in Hong
                                                                                                                        Kong. Secondly, an Alila 2 unit can generate a rental
                                                                                                                        yield of up to 4 percent. Buyers can also expect high
                                               the enthusiastic turnout at an exhibition of Malaysian                   capital appreciation in view that Penang’s properties
                                               properties early last month.                                             have average 7 to 10 percent capital appreciation per
                                                  A l i l a 2, a n u p s c a l e f r e e h o l d r e s i d e nt i a l   annum over the past 5 years.”
                                               development in Tanjung Bungah located only 10                                She added that Penang has a highly mature
                                               minutes from the city center, was the highlight of the                   economy, and is otherwise known as the “Silicon
                                               exhibition.                                                              Valley of the East” with its influx of multinational
                                                    In addition to the luxuries and amenities of a                      manufacturing companies. She expects a strong
                                               modern resort-inspired condominium, purchasing a                         demand for high-end rental properties among senior
                                               unit comes with a renovation and furnishing package,                     expatriates.
                                               at least two parking spaces and storage locker as well                        Those who regard Malaysia as their second home,
                                               as a shuttle service to the Gurney Paragon Mall in the                   cite its favorable weather and quality but inexpensive
                                               city center. Construction of the project is due to be                    living standards as major reasons for investing in a
                                               completed by Quarter 2 of 2017.                                          foreign home.

                                                                                                                                                                                  L
                                                   Theresa Fok, Managing Director of Jade Land                              Apartments at Alila 2 are spacious, a rare luxury          ocated in the thriving Borough of                      a gym, cinema room, Residents’ Club lounge,
                                               Properties (HK) Ltd. and Sole Sale & Maketing Agent                      that Hongkongers can only dream of. Just like in               H a c k n e y, S h o r e d i tc h E xc h a n g e i s   24-concierge, and landscaped roof terraces
                                               of Alila 2, has predicted growing interest in this real                  Hong Kong, property prices in Penang are expected              a collec tion of one, t wo and three                   with fantastic views over London.
                                               estate gem of Southeast Asia.                                            to continue rising steadily in the face of limited land   bedroom apartments that will rejuvenate                          Taking influence from the area’s rich
                                                                                                                        supply and rising demand.                                 a previously under-utilized site, creating an               industrial heritage, Shoreditch Exchange has
                                                   “Exhibition visitors are looking because the
                                                                                                                                                                                  exciting addition to the constantly evolving                been designed by award-winning architects
                                               Malaysian Ringgit’s exchange rate is simply irresistible                    Penang’s growth prospects are bright, boosted
                                                                                                                                                                                  neighborhood.                                               AHMM, using materials which honor the site’s
                                               at 1 Ringgit to 1.8 Hong Kong dollars,” says Fok.                        by the upcoming large -scale infrastruc ture
                                                                                                                        developments, notably the 27 billion Ringgit                  Comprising 184 apartments set around                    history. With new pedestrian connections built
                                                  “Penang’s traits also strike a chord with Hong
                                                                                                                        (HK$49.11 billion) Penang Transportation Master Plan.     private internal courtyards, the first phase                into the scheme, it will seamlessly blend into
                                               Kong buyers. After all, Hong Kong and Penang were
                                                                                                                                                                                  of the development will offer residents a                   its surroundings and complement the existing
                                               both former colonies of Britain. Foreign investment is
                                                                                                                                                                                  peaceful and relaxing sanctuary in the heart of             infrastructure.
                                               very much welcome in Penang.”
                                                                                                                                                                                  the bustling surrounding area.                                  Interiors are elegantly specified, with
                                                   Prospective buyers have been treated to a
                                                                                                                                                                                      The inclusion of shops, cafes, restaurants              bespoke furnishings and contemporary design
                                               complimentary trip to Penang, which also hosts
                                                                                                                                                                                  and work spaces means Shoreditch Exchange                   reflecting the vibrancy of the surrounding
                                               George Town, classified as a UNESCO world heritage
                                                                                                                                                                                  will not only provide new homes for the                     area. Kitchens feature contemporary units
                                               site. Aside from being given a tour to experience
                                                                                                                                                                                  borough, but also fresh opportunities for start             with stone worktops and integrated Siemens
                                               Penang’s local food, lifestyle, rich heritage and
                                                                                                                                                                                  ups, local businesses or larger enterprises                 appliances, while bathrooms highlight
                                               culture, prospective buyers met with consultants of
                                                                                                                                                                                  looking to move to the area.                                contemporary white sanitary ware. All homes
                                               “Malaysia My Second Home,” a program designed by
                                                                                                                                                                                     The project ’s next phase will further                   offer open-plan living, while dining kitchen
                                               the Malaysian government to entice foreign nationals
                                                                                                                                                                                  enhance this commercial offering, as well as                areas have access to private outdoor space.
                                               to the country offering an array of incentives.”
                                                                                                                                                                                  adding another nine apartments.                                  Shoreditch Exchange is extremely well
                                                  “Our buyers responded very positively,” said Lily
                                                                                                                                                                                      Residents will benefit from the abundance               connected, located just minutes from Hoxton
                                               Tan, Executive Director of Hunza Properties Group,
                                                                                                                                                                                  of leisure facilities the local area has to offer,          Station, with east connections to major
                                               which developed the Alila2 project. “First of all, the
                                                                                                                                                                                  along with various on-site amenities, including             transport hubs. Liverpool Street is within
                                                                                                                                                                                                                                              walking distance and will provide easy access
                                                                                                                                                                                                                                               to the new Crossrail line. Just 13 minutes walk

      Alila 2                                                                                                                                                                                                                                  away is Old Street, which provides services to
                                                                                                                                                                                                                                               Bank in three minutes, King’s Cross St Pancras
                                                                                                                                                                                                                                                                                                 Shoreditch
      Address        Lebuh Lembah Permai 1, 11200 Tanjung Bungah, Pulau Pinang, Malaysia                                                                                                                                                       in five minutes, and Victoria in 18 minutes.      Exchange
      No. of Flats   270                   Size      1,905 – 5,789 sq ft                                                                                                                                                                         For international travel, City Airport and      Address Hackney Road, London E2
      Layout         3 - 5 bedrooms        Developer Hunza Properties Group                                                                                                                                                                   Heathrow Airport can be reached in 29 and 35       Layout One, two, and three bedroom
      Website        http://www.jadeland.hk/alila-2/                                                                                                                                                                                          minutes, respectively.                                     apartments
      Inquiry        2869-6683                                                                                                                                                                                                                   The apartments are priced from £686,000         Website jllproperty.com.hk/international-sales
      Jade Land Properties (HK) Limited is the Sole Sale & Marketing Agent.                                                                                                                                                                   (HK$6.937 million).

 36   june 2017                                                                                                                                                                                                                                                                                                                      june 2017   37
Overseas Property   Central Park                                                                                                                                                                                                                                                       Japan Hana   Overseas Property

                                                                                                                                                                                                                                                                                                         Ms Glass Wu

                                                                                                                                                                                    Rosy outlook
                                                                                                                                                                                                                                                                                                         CEO and Co-
                                                                                                                                                                                                                                                                                                         Founder

                                                                                                                                                                              for Japanese real estate
                                                                                                                                                                               The Japanese real estate industry has witnessed significant
                                                                                                                                                                              growth in recent years and offers increased opportunities for
                                                                                                                                                                                                             investors to enter the market.

                                                                                                                                                                                                          A   cording to The Land Institute of Japan, new            2015. In 2016, Japan’s international visitors

Coveted luxury in Melbourne’s heart
                                                                                                                                                                                                              property prices have registered a steady               increased 20% year on year to 24m. The
                                                                                                                                                                                                          growth in Tokyo, and the same goes for the                 Japanese Government’s original target of 20m
                                                                                                                                                                                                          average price of properties in Tokyo.                      international visitors by 2020 was reached five
                                                                                                                                                                                                             This price rise can be attributed, in the               years early in 2015. The new target has now
                                                                                                                                                                                                          main, to the improvement of the Japanese                   been doubled to 40m by 2020.

                                   A    ccording to data revealed by CoreLogic, the past ten
                                        years until 2016, Melbourne’s real estate market has
                                   risen over 100%. The Victorian government has instated
                                                                                                          The residence takes advantage of the northern aspect
                                                                                                      directly across the historic Box Hill Gardens. The building
                                                                                                      has been meticulously designed to ensure each home
                                                                                                                                                                                                          economy. Other contributing factors include
                                                                                                                                                                                                          the falling supply of new properties in Tokyo;
                                                                                                                                                                                                                                                                         While most overseas investors are familiar
                                                                                                                                                                                                                                                                     with Shinjuku, Shibuya or Roppongi, there are a
                                                                                                                                                                                                          the younger generation’s change in attitudes               number of hot new areas that have gained the
                                   new measures to control the growth over the past year,             enjoys natural light and sunbathed views.                                                           towards property ownership; and improved                   favor of local investors. Shingawa, for example,
                                   including tightening mortgages and increasing taxes for                At the top of the building, residents can enjoy the                                             mortgage terms.                                            is a major transport hub that will benefit from
                                   oversea buyers. However, the real estate market continues          luxurious rooftop amenity, unmatched by any other in                                                                                                           redevelopments due to its proximity to Olympic
                                                                                                                                                                                                              This favorable investment climate is further
                                   to grow and has increased over 13% during the last year.           Melbourne. Residents can entertain family and friends in                                                                                                       venues. It is 20 minutes to Haneda Airport, with
                                                                                                                                                                                                          enhanced for overseas investors by a dramatic
                                       One such residence is Central Park, located in the heart       the lounge areas and spacious indoor and outdoor dining                                             turnaround in the USD/JPY exchange rate, which             quick access to Yokohama which is a candidate
                                   of Box Hill, and the most coveted residential address in this      areas, with a full-size gourmet kitchen just inside.                                                has moved from the 75 level before Abe came                for the new casino resorts, while the Maglev
                                   vibrant district.                                                      This well-appointed space also features a gym, pool                                             to power at the end of 2012, to the current level          train to open in 2027 will half the journey time
                                       Box Hill is Melbourne’s largest hub for Asians, and a          and sauna overlooking Box Hill Gardens.                                                             of around 110. This is on top of the intrinsic             from Tokyo to Yokohama and Nagoya.
                                   premier location for the rental market. Considered as the              B ox H i ll is f a s t b e co m i n g t h e e p i ce nt r e f o r                               benefits of new properties in the form of capital             Another notewor thy area is Kiyosumi
                                   second Central Business District, it not only has a large          multiculturalism in Melbourne and a renowned destination                                            appreciation and less maintenance cost.                    Shirakawa situated east of Nihonbashi, with
                                   population of white-collar tenants, but the Victorian              for Asian cuisine, specialty goods, services and education.                                                                                                    easy access to all the major stations. It takes
                                                                                                                                                                                                              Two major catalysts trigger recent economic
                                   government predicts job growth for the precinct of over            Box Hill Central includes Melbourne’s largest eastern rail                                                                                                     only 8 minutes to get to Tokyo Station and 10
                                                                                                                                                                                                          advances in Japan. Firstly, the announcement
                                   100,000 new jobs in the white collar sector, especially in         hub and tram services, making the Central Business District                                                                                                    minutes to Ginza. It is popular amongst local
                                                                                                                                                                                                          of the 2020 Olympics in Tokyo has spurred
                                   the burgeoning areas of healthcare and education.                  and the premium shopping districts of Hawthorn and                                                                                                             Japanese, because of its plethora of boutiques
                                                                                                                                                                                                          redevelopment in the city with plans for an
                                       The area is also the first residential choice for students     Camberwell accessible within minutes.                                                               improved infrastructure. The second stimulus               and cafes, and park areas.
                                   attending Deakin and Monash University due to their                    Likewise, Central Park is perfectly positioned to enjoy                                         is the legalisation of casinos, as approved at                 A rising favorite among Japanese investors
                                   proximity. Likewise, Box Hill Institute which is inside the        everything that Box Hill has to offer. Grocery shops, cafés,                                        the end of 2016. Analysts expect that one                  is Setagaya ward, an upscale residential district
                                   suburb has been attracting a great amount of oversea               restaurants and Box Hill Central are at the top of Nelson                                           designated location would be Yokohama, just                located west of Shibuya, with interesting
                                   students.                                                          Street, less than 300m away.                                                                        30 minutes from Tokyo.                                     neighborhoods and green spaces. Likewise,
                                       According to a report by Urbis, the time between 2001              Right around the corner one has the Box Hill Bowls                                                                                                         Otemachi is a popular area for local and
                                                                                                                                                                                                                The renewed interest in Japan has seen
                                   and 2011, university students living in Box Hill has increase      Club, the Athletics Club at Hagenaur Reserve, the home                                                                                                         overseas investors.
                                                                                                                                                                                                          v i s i to r n u m b e r s d o u b l e d f r o m 2013 to
                                   by a half. In the last ten years, the number of rentals for one-   of the Box Hill Hawks, and the opportunity to enjoy the
                                   bedroom houses has been increasing by an average of 28%            nearby Koornang Creek Trail that connects to the main
                                   per year. With this in mind, investors in the rental market        Yarra Trail before it winds through Victoria.
                                   have plenty to look forward in terms of financial reward.
                                       Central Park rises to 20 stories above Box Hill Gardens
                                   and provides residents with unparalleled views of
                                   Melbourne, the Dandenong Ranges and the surrounding
                                   lush tree-lined suburbs.

                                     Central Park
                                     Address 12-14 Nelson Road, Box Hill, Vic 3128
                                     Layout    One, two, three and four-bedroom apartments
                                     Enquiries 2376 1088

 38   june 2017                                                                                                                                                                                                                                                                                            june 2017     39
Luxury Property       KELVIN GIORMANI

                                                  Skillfully crafted
                                 PISA
                                                  and sophisticatedly
                                                  stylish sofas
                                                  Specialized in tailor-made, high-end sofa with superior
                                                  leather sewing and stitching skills, KELVIN GIORMANI is
                                                  widely acclaimed as one of Asia’s leading sofa-crafters
                                                  both in terms of creativity and craftsmanship.

                                                  D    esigned by renowned Hong Kong
                                                       designer and founder Kelvin Ng,
                                                  who has won a multitude of awards,
                                                                                                                  Inspired by Sea Fan, a well-known
                                                                                                               species of sea coral, MODULI features
                                                                                                               embossing patterns on the back cushions,
                                                  including the prestigious American Society                   achieved by high-frequency pressing
                                                  of Furniture Designers’ (ASFD) Pinnacle                      technology.
  ONDULARE
                                                  Award, KELVIN GIORMANI sofas have been                            The ultra-thin arm-frame of PIANA is
                                                  sold all over the world, in countries like                   flat and strong, together with soft feather-
                                                  the United States, Canada, Japan, Korea,                     filled arm cushion, it provides additional          C
                                                  Singapore, Thailand, Indonesia, Denmark,                     comfort when you are lying on the sofa, or
                                                  Russia, Poland and Australia.                                serves as an extra seat.                            M

                                                      E s t a b l i s h e d f o r 9 y e a r s , K E LV I N         With back frame that resembles the tall         Y

                                                  GIORMANI has over 60 galleries and                           and inclined appearance of The Tower of            CM
                                                  showrooms in major cities, such as Tokyo,                    Pisa in Italy, PISA is the first ultra-high-back
                                                  Brisbane and Singapore. Currently on                         sofa model of KELVIN GIORMANI. Armless
                                                                                                                                                                  MY

                                                  display at its showrooms in Wan Chai and                     and stylish, you can match it with lower-          CY

                                                  Happy Valley are the popular Signature and                   back individual chair LARGO.                       CMY
                                                  Contemporary series of sofas.
                                                                                                                   Catering to the sophisticated tastes and
                                                        Customers should look out for                          discerning needs of customers, different
                                                                                                                                                                   K

                                                  ONDULARE – the name comes from                               sizes, stitching and compositions, as well
                                                  t h e s p e c i a l p a t te r n q u i l t i n g a t t h e   as 7 levels of softness, 9 leather types, and
                                                  side of the arm that creates a visual                        over 200 colors are available for each sofa.
                                                  image of ‘ripple’. It is realized by the
                                                  new wide-double stitching technique,
                                                  f i r s t s e e n i n a K E LV I N G I O R M A N I
                                                  sofa model.
                                                                                                                Clearance Sale is on! 50% off
                                                                                                                for selected sofas is on floor now,
                                                      Meanwhile, ONDULARE IV comes with
                                                  gold or silver colored leather ornament in                    come and try it out.
                                                  zigzag pattern at the arm-side.

ONDULARE IV

                                                                               KELVIN GIORMANI SHOWROOM
                                                                               Wan Chai      Shop B, G/F, Lok Moon Mansion, 29-31
                                                                                             Queen’s Road East, Wan Chai Tel: 2111 9824
                                                                               Happy Valley G/F, 139 Wong Nai Chung Road, Happy Valley
                                                                                             Tel: 3106 4282
               MODULI                                                          www.kelvingiormani.com

                                          PIANA

  40   june 2017
Luxury Property       Madison Group                                                                                                                                                                                          Heather & March   Luxury Property

                                                                                                                                                                               Put a spin on
                                                                                                                                                                               When it spins, when it swirls; when it whirls, when it

       Two specialists,
                                                                                                                                                                               twirls – Heather & March introduces Oskar tableware
                                                                                                                                                                               with some nice spinning curves.

       one extraordinary kitchen
                                                                                                                                                                                   Designed in-house by the creative team, the new Raynaud porcelain tableware
                                                                                                                                                                               collection – Oskar is adorned with slender black and gold curves.
                                                                                                                                                                                  Delicate and elegant, Oskar evokes the spirit of Bauhaus, the famous German
                                                                                                                                                                               school of the early 20th century that combines fine art with craftsmanship, and
                                                                                                                                                                               remains a strong influence on contemporary design and architecture.
        Premium cooking equipment leader Wolf and refrigeration specialist                                                                                                         German on her father’s side, Designer Mariela Schwarz Montiel is very attached
        Sub-Zero work together to bring you a high-performance, durable                                                                                                        to the country, where she studied at the Berlin School of the Arts. Referencing the
                                                                                                                                                                               innovative and simple style of Bauhaus, she reinterpreted it with the elegance and
        and professional kitchen.                                                                                                                                              femininity that characterize Raynaud’s designs. The tableware service is named after

        E
                                                                                                                                                                               her young German godson, Oskar.
              stablished in 1934, Wolf with over              Featuring integrated functions, compact                          Large cooking surface at a consistent
              80 years of expertise in commercial        si z e, s t r i k i n g a n d f l e x i b l e d e si g n , t h e   temperature –Teppanyaki with dual zone                 In creating the ‘spin’, four geometric motifs are formed by opposing curves in
              kitchens, was acquired by Sub-Zero in      module can be paired with different models                         induction is perfect for low-fat stir frying,      alternating gold and intense black color, enveloping the pieces in an open or tighter
        2000, which then started building residential    and appliances from Wolf and Sub-Zero.                             sautéing and rapid heating.                        mesh effect. The black and gold design stands out against the pure white Raynaud
        ranges, ovens, cooktops, and ventilation for     Performance and power at your fingertips,                                                                             porcelain, a contrasting effect that varies according to the patterns.
                                                                                                                                Enjoy grilling year-round with no flare-ups
        passionate home chefs.                           all modules come with a streamlined control                        – heating with ceramic briquettes, the Grill          Easy to clean and compliant with food safety standards, the Oskar collection
           Good news for Hongkongers! Wolf is            panel. It is the perfect fit for compact Hong                      gives food a delicious smoky flavor.               comes with plates of different sizes, as well as cups, teacups and Chinese teacups
        now introducing six specialty modules to the     Kong homes.                                                                                                           with saucers.
                                                                                                                                Easy way to healthy cooking – Steamer
        local market. Mastering the functions from          Ignite the most powerful burner – the                           with 10 pre-set power levels enable users to
        steaming to induction, the modules cover a       multifunction cooktop precisely concentrates                       do everything from proofing bread to sous
        wide range of cooking methods, so you can        heat on the right spot for stir frying and fast                    vide cooking (slow cook for 8-10 hours). The
        customize your own kitchen in a-la-carte style
        with multifunction cooktop, gas cooktop,
                                                         boiling. With a removable center ring, users
                                                         can flex between a full grate and a wok grate.
                                                                                                                            advanced lid seal holds in steam, while the        Heather & March
                                                                                                                            stackable steel pans hold up to 4.7L of water,      Address   216-218 Prince’s Building,
        teppanyaki, grill, steamer and induction         The seamless burner pan in stainless steel is                      and the electronic drain system release the                   10 Chater Road, Central
        cooktop.                                         designed for easy clean-up.                                        water in just two minutes.                          Enquiries 2530 0686
                                                                                  Big performance in a small                    Ultra, precise temperature control – the        Website www.heatherandmarch.com
                                                                              space – the gas cooktop is                    magnetic induction technology provides 40%
                                                                              equipped with dual-stacked                    faster temperature response than gas and
                                                                              burners and two-tier flame                    electric cooktops. The cooktop surface remains
                                                                              ports for more precise control.               relatively cool, while the cookware is instantly
                                                                              The spark ignition system                     heated up.
                                                                              will re-ignite when the
                                                                              flame goes out to enhance
                                                                              cooking performance, while                      The Madison Group
                                                                              a continuous cast-iron grate
                                                                              allows users to slide pots and
                                                                                                                              (Sub-Zero and Wolf)
                                                                              pans from burner to burner                      Enquiries 2239 5000
                                                                              without lifting.                                Website subzero.com.hk

42   june 2017                                                                                                                                                                                                                                       june 2017   43
Luxury Property   Skyler                                                                                                                                                                                                               Blanc des Vosges   Luxury Property

                                                                                                                                     Turn up your
                           Safe and sound                                                                                            		summer style
                           Bed is your private sanctuary where you should
                                                                                                                                     Summer’s beckoning! Freshen up and add a splash of
                           feel relax, safe and at ease. Getting a good night’s
                           sleep just got a lot easier with Skyler, Hong Kong’s                                                      colors to your bedroom with the new Spring/Summer 2017
                           homegrown mattress-in-a-box online retailer.                                                              collection from French linen brand Blanc des Vosges.

                                                                                                                                                          A                                                     Quality quilt
                                                                                                                                                                 ‘Maison of Excellence’, Blanc des Vosges
                                                                                                                                                                 introduces ‘joie de vivre’ to Hong Kong            Exclusive to Hong Kong, Blanc des Vosges has specially
                                                                                                                                                                 with 100% made-in-France linens and            designed a new quilt for the hot and humid summer. Made
                                                                                                                                                            stylish home accessories, available at the          of polyester and 100% combed cotton cover, the soft quilt
                                                                                                                                                              SOGO Department Store in Causeway Bay.            offers maximum breathability and lightness that is perfect
                                                                                                                                                                 Reinvigorating your senses, the brand          for Hong Kong homes.
                                                                                                                                                             presents a beautiful seasonal collection of            Featuring a quintessentially French floral pattern, and
                                                                                                                                                             high quality bed linens, summer quilts and         looking chic on your bed, the quilt can be washed just like a
                                                                                                                                                              bath towels. This Spring/Summer range             regular sheet. Two designs are available – Concerto Nuage
                                                                                                                                                               sees the use of bright and vibrant hues, as      in pastel blue, and Lily Poudre in pastel pink.
                                                                                                                                                                well as soft and soothing colors in prints
                                                                                                                                                                                                                    Updating your living space doesn’t stop at the bedroom.
                                                                                                                                                                that take inspiration from nature.
                                                                                                                                                                                                                Blanc des Vosges also introduces a new palette of colors
                                                                                                                                                               Blissful bedding                                 and embroidery designs of birds and butterflies for its
                                                                                                                                                 Change into brand new sheets for a fresh new season.           bath towel. The wide spectrum of all-cotton towel includes
                                                                                                                                             Just arrived in Hong Kong is a selection of luxurious linens       capucine, cedre, celadon, cerise, cyclamen and lichen - there
                                                                                                                                             in colors ranging from pastel and oceanic blue, to shades of       is certain to be one that suits your taste and interior.
                                                                                                                                             beige and yellow reminiscent of wheat fields. Paired with
                                                                                                                                             elegant floral patterns and organic lines, the new bedding          Blanc des Vosges
                                                                                                                                             range will bring a warm sense of nature indoors.
                                                                                                                                                M a d e o f li ght , b re athab l e 10 0 % co mb e d cot to n
                                                                                                                                                                                                                 Hong Kong
                                                                                                                                                                                                                 Address        Sogo Shop 33,
                                                                                                                                             (equivalent to Egyptian cotton), the bedding comes in
                                                                                                                                                                                                                                9/F, 555 Hennessy Road,

                                     O
                                                                                                                                             three fabric qualities: ‘Percale’ (200TC), ‘Sateen’ (280TC)
                                            ffering premium quality                                                                                                                                                             Causeway Bay
                                                                                                                                             and the award-winning ‘Jacquard’ (460TC) linen, which is
                                            and exceptional comfort                                                                                                                                              Enquiries      (852) 2521 2728
                                                                                                                                             exceptionally soft, intricately woven and finely stitched.
                                            of a luxury top-of-the-line                                                                                                                                          Website        www.blancdesvosges.com
                                     mattress at a fraction of the price,
                                     Skyler mattresses are made with the
                                     finest materials, and conveniently vacuum
                                     packed into a thoughtfully compact box with
                                     wheels, making delivery of the Skyler mattress to any
                                     bedroom effortlessly easy.
                                         Specially made for Hong Kong’s environment, the Skyler
                                     mattress tackles warm and humid weather with infused cooling
                                     gel and breathable Coolmax® fabric.
                                         With a balanced firmness rating of 7-8 out of 10, it offers maximum support without
                                     being too soft or too firm. A signature plush blue velvet trim is added to each mattress,
                                     so that it looks as stylish as it is comfortable.
                                        Consumers can rest assured that each carefully constructed mattress is 100% safe
                                     and will not sink or dip, even after 10 years. The use of high-grade CertiPUR-US® certified
                                     foam materials ensures that the mattress does not contain any harmful chemicals, and
                                     meets strict standards for performance and durability.
                                        The name Skyler means ‘giving shelter’. As customer satisfaction is one of Skyler’s
                                     core prioritie, it offers a generous 100-night at-home trial and full return policy for every
                                     order, adding to the ease and attractiveness of the online shopping experience. Every
                                     mattress is protected by a 10-year warranty for a complete peace of mind.
                                        Skyler also offers free next-day delivery anywhere in Hong Kong, and mattresses are
                                     available in 11 sizes. To shop online or find out more, please visit www.skyler.hk.
                                        In addition, customers can personally give their mattress a test snooze prior to
                                     purchase at the Wong Chuk Hang showroom.

44   june 2017                                                                                                                                                                                                                                                 june 2017   45
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