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Living in Hong Kong Condominiums

Oct 10, 2007
Hong Kong is one of the most popular as well as exotic destinations in the world. It is not only famed as a hot tourist spot but also considered an excellent business center, and hence sometimes acknowledged as the 'Gateway to the booming economy of China'. Hong Kong also holds the distinction of being one of the safest international cities in the world, as crime rates are tremendously lower when compared to other metropolitan cities.

All these make Hong Kong undoubtedly a fantastic as well as civilized place to live in. Many foreigners also settle here permanently, inspired by the attractions and business opportunities it renders. No matter you are a permanent resident or a vacationer, Hong Kong offers a variety of accommodation options to choose from, depending on your lifestyle, preferences, and budget.

For tourists including business people, newly weds, and other vacationers, some of the best accommodation options would be to choose hotels, resorts, villas, condotels and bungalows that are replete with world-class facilities and amenities. Apartments, single houses, and flats are among the housing options available for permanent settlers in Hong Kong. Condominiums, also referred to as condos, are also considered one of the fabulous options in order to enjoy the benefits of living in Hong Kong.

Living in a condominium is much different from other housing options such as owning or renting an apartment, villa, or a single dwelling space. When you have made up your mind to stay in a condominium or a condo unit in Hong Kong, it means that you have decided to settle within a community of other condominium owners, who in turn become your instant neighbors.

All of the condominium complexes or units form a part of the community, and owners within it are required to follow and accept the rules and regulations that have been made unique to a particular condo living. In addition, al though, owners have control over their respective condominium units, they are required to share the cost and expenses incurred for utilizing property's common facilities, such as, elevators, lobbies, library, and passageways.

A host of benefits are derived from living in condominium units in Hong Kong. Foremost is that it is an economic alternative over other housing choices such as apartments and single detached homes. Another greatest advantage of living in a Hong Kong condo is that ownership or rental procedures associated with it are quite simple. Benefits also include access to common amenities and facilities such as fitness room, club house, swimming pools, and escalators.

Mostly, people staying in condominium complexes have common lifestyle, preferences, and tastes, thereby allowing you to lead a comfortable life. For instance, there are condominium units especially designed and constructed for such people as retirees and single people.

Depending upon the preferences and lifestyle of the people, different types of condominiums are available. One of the most popular categories of condominium is condominium townhouses. In most cases, owning a condominium townhouses allow you to have your own garage as well as yard spaces. Condominium apartments and freehold townhouses are the popular types of condo units made available in Hong Kong.

Let it be of any type, condominium units or complexes in Hong Kong mostly come with such amenities as heating and air conditioning facilities, provision for hot and cold water, cable television, balcony providing superb vistas, and professional building management. Some of the luxury Hong Kong condo units are complete with round the clock on-site security system, intercom security system, on-site office for property management, pool area coupled with sauna and fitness areas, enclosed solarium with areas for gatherings and social activities, specialized areas for outdoor recreational activities, salons offering services of expert massage therapist and hair stylist, parking areas, on-site workshop, and coin-operated laundry facilities.

However, prior to choosing a Hong Kong condominium as your housing option, it is important to consider certain things. In other words, a thorough investigation has to undertaken before staying in a condo. The rules and regulations pertaining to condo units vary from condominiums to condominiums.

For example, some condominium complexes impose restrictions in owning pets or using a particular facility. Hence it must be checked for. Nowadays, a plethora of real estate firms and expert realtors are in the scenario to help you find a condominium that go with budget, requirement, and lifestyle.

Despite any challenging factor, condominiums in Hong Kong are considered a convenient as well as a stimulating place to live in.
About the Author
Wantanee Khamkongkaew is an independent author evaluating and commenting on leading International Property Consultants in Asia and Greater China , especially CB Richard Ellis.
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