Demand for serviced apartments in Hong Kong

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The developed countries of the world may be in an economic recession, but Asia is not. Countries like India and China are leading from the front and investors from all over the world are pouring into Asia. Hong Kong is a busy and lively place and is packed with tourists throughout the year. Multinational companies are relocating their staff to Asian countries, and Hong Kong has seen a large influx of expatriates in the first half of 2011. Growth opportunities exist in Hong Kong and all multinational companies know it. Asia today means to investors what El-Dorado meant to gold prospectors many years ago.

Hong Kong apartments are almost fully occupied throughout the year and tourists need to book in advance to take advantage of discounted rates. Buying serviced apartments is quick and companies often enter into long-term contracts with the owners. Hong Kong is also the preferred destination for businessmen visiting mainland China. Expats and business executives visiting Hong Kong for work or business prefer to stay in serviced apartments because they would not like long-term commitments.

The apartments come fully equipped and that makes them the preferred choice for tourists and expatriates. There are studios, 1 and 2 bedroom apartments and suites. Each apartment is well equipped. Furnishings are first class and upkeep is professional. Most of these apartments are even equipped with air purifiers and green energy equipment like solar heaters, water saving faucets. The maintenance staff uses biodegradable and environmentally friendly material in most of the apartments. Some apartments even allow dogs.

The apartments are perfect for business executives on extended stays, families on a budget, and individual vacationers who want to stay in a home environment that is affordable. There are all kinds of serviced apartments here: some cater to multinationals, others are ideal for people on a budget, etc. The biggest advantage is that even mid-level serviced apartments are much more luxurious and convenient than hotel rooms.

All serviced apartments are equipped with modern kitchens containing modern kitchen appliances, bathrooms with showers, sinks and more, access to public transport, Wi-Fi Internet and cleaning services. It is the kitchen in these serviced apartments that saves you a lot of money. Also, restaurant food is expensive and greasy.

If you want to live amidst the excitement, noise and crowds, you should book a serviced apartment in the Central District or Lan Kwai Fong. These are the areas where all the action is. If you’re looking for peace and quiet, look for options that are far from these hotspots. Be sure to choose an apartment in Hong Kong based on your lifestyle. However, do not rush to book a serviced apartment. Take your time and compare many serviced apartments in different locations in Hong Kong before booking one. But, do all your checking in advance because these apartments fill up fast.

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