Thursday, March 31, 2011

New Apartment

Now that Erik has finalized the terms of his localization, we will move into a new apartment. By new, I mean new to us and brand new. We opted for a nice place with good space and wonderful amenities, but will be farther away from downtown. There is a nice mountain view, and I am super excited to have a built-in oven.

Hong Kong's real estate was recently named the most expensive in the world followed by Sydney, London, and New York. The cost for buying has risen 50% in two years. As expected, competition is fierce. I feel very lucky to have secured this place.

Out of curiosity, we looked at the show flat in a new building for sale. In less than 24 hours, 2/3 of the apartments were sold at a cost of about US$1,000,000 each. People keep saying the bubble will burst, but I don't see any sign of it.

I'll be sure to post pictures once the place is decorated.

1 comment:

Dawn B said...

Congratulations! I love the floors ... and the balcony ... and the view! When do you move? What are the terms of Erik's deal? Will I ever see you again?! How's your beautiful baby? :)