Kennedy Town We moved from NY to HK in June and have finally found a comfortable flat with a big patio (which we have quickly populated with fruit trees for self-sustenance) in Kennedy Town - the northwestern part of Hong Kong Island, where the construction for a new subway station is underway. Expecting the price increase in the area, real estate buyers and brokers are flooding into this neighborhood. Today, more than 40 property agent offices sit shoulder to shoulder on a 0.6-mile long main street (Belcher’s Street); of which, 16 offices fighting in the most congested block in front of the Westwood Mall (see Exhibit 1). However, Kennedy Town is not a special case: this real estate craze is just about everywhere in HK.
In the Mood for Speculation
In the Mood for Speculation
In the Mood for Speculation
Kennedy Town We moved from NY to HK in June and have finally found a comfortable flat with a big patio (which we have quickly populated with fruit trees for self-sustenance) in Kennedy Town - the northwestern part of Hong Kong Island, where the construction for a new subway station is underway. Expecting the price increase in the area, real estate buyers and brokers are flooding into this neighborhood. Today, more than 40 property agent offices sit shoulder to shoulder on a 0.6-mile long main street (Belcher’s Street); of which, 16 offices fighting in the most congested block in front of the Westwood Mall (see Exhibit 1). However, Kennedy Town is not a special case: this real estate craze is just about everywhere in HK.