Here’s your Hong Kong hot tip: PoHo

03.07.2013

The inspiration for our newest article comes from Waldon Chow who is Sales and Leasing Manager at Engel & Völkers Hong Kong. He is well known in the blogger scene. Chow is passionate about the Hong Kong property market because of its diversity in space and design.

PoHo:
If you squeeze in behind Mo Man Temple on Hollywood Road you’ll find yourself in PoHo and stumble into Hong Kong’s current most attractive boutiques, cafés and galleries. Back in the 1960’s this neighbourhood was not really popular but now, PoHo has become a trendy district. Known formally as Po Hing Fong, or PoHo for the locals, this little section of Hong Hong is not to be missed by anyone seeking a creative treasure.

It started with indie-businesses moving to the area, which wanted to be close to the trendy Hong Kong district SoHo, but could not afford the rent.  However in the last couple of years, rental prices in PoHo have increased by 43%. Currently a 39 square meter apartment in PoHo is advertised at 3,350 US dollar per month. This little neighbourhood has great potential to be up valued even more in the near future.

While you’re there, be sure to check out Waldon Chow’s top tips for seeing an exhibiting and dining:

Cat Street Gallery – international and modern art: http://www.thecatstreetgallery.com
AP Contemporary Gallery – focused on emerging and upcoming artists: http://www.apcontemporary.com/
Man Mo Temple – the largest Man Mo temple in Hong Kong, and an oasis away from the buzz http://www.lcsd.gov.hk

Want to get more information about Waldon Chow’s real estate blog? Find his website here: http://hkpropertyinsider.weebly.com/index.html

If you wish more information about the real estate market in Hong Kong in general please contact us: socialmedia@engelvoelkers.com

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