The Demand for Serviced Apartments in Hong Kong

Developed countries in 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 globe are flocking to Asia. Hong Kong is a busy and lively place and is overflowing with tourists all throughout the year. Multinational companies are shifting their staff to Asian countries, and Hong Kong has seen a heavy inflow of expats in the first half of 2011. The growth opportunities are there in Hong Kong and every multinational company knows that. Asia, today, means to investors what El-Dorado meant to gold prospectors many years back.

Hong Kong’s apartments are almost fully occupied all around the year and tourists have to book in advance to avail of discounted rates. The serviced apartment off take is quick and companies generally enter into long-term contracts with owners. Hong Kong is also the preferred destination for business men who visit mainland China. The expats and business executives who visit Hong Kong on work or business prefer to stay in serviced apartments because they would not like to get into long-term commitments.

The apartments come fully loaded and that makes them the preferred choice of tourists and expats. There are studios, 1-bedroom and 2-bedroom apartments and suites. Each apartment is well-stocked. The furnishings are top-class and the maintenance is professional. Most of these apartments are even equipped with air purifiers and green energy equipment like solar heaters, water-saving taps. The maintenance staff uses environment-friendly, biodegradable material in most of the apartments. Some apartments even allow dogs.

The apartments are just right for business executives on long stays, families on a budget, and for individual vacationers who want to stay in a home-like environment that’s affordable. There are all types of serviced apartments here – some cater to the multinationals, some are ideal for people on a budget, etc. The biggest advantage is that even the middle-rung serviced apartments are far more luxurious and convenient than hotel rooms.

All serviced apartments come equipped with modern kitchens that contain modern kitchen appliances, washrooms with showers, sinks, and more, access to public transport, Wi-Fi Internet, and housekeeping services. It is the kitchen in these serviced apartments that saves you a whole lot of cash. Plus, restaurant food is expensive and greasy.

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