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Engel & Völkers Licence Partner Hong Kong, Real Estate Agency > Blog > Living in Square Street to Tai Ping Shan in Sheung Wan

Living in Square Street to Tai Ping Shan in Sheung Wan

Sheung Wan - Square Street to Tai Ping Shan


If you are looking for one of the coolest neighbourhoods on Hong Kong Island, Sheung Wan holds some of the best streets in which to live. Being an inner city suburb, there are many attractions and benefits that suit young singles and couples, that want all the advantages of living close to work or an easy work commute, and be right in the mix of all the restaurant and bars that Soho holds only a short stroll away.


Among the first areas of modern-day Hong Kong Island that the British forces settled, Sheung Wan's identity has changed substantially throughout the city's history. Situated on the western fringes of Hong Kong’s Central district, Sheung Wan is one of the city’s most vibrant neighbourhoods, teeming with boutique shops, not to mention quirky bars and restaurants. An eclectic amalgamation of new and old and a microcosm of the bustling metropolis, it’s the perfect place to wander through, passing ramshackle old buildings and shiny new storefronts that reflect the city’s unique character.


Some of the best streets of Sheung Wan are located behind the Man Mo Temple on Hollywood Road. Square Street, Tai Ping Street, Pound Street, Tung Street and more that make up these few localized blocks are so popular that apartments as they come up for rent are readily taken.


Cultural, Quirky and Innovative


Boutique fashion brands, coffee houses, creative agencies, art galleries, delicatessens, restaurants and tea shops all make up a diverse neighbourhood with a definite hip community atmosphere. There are plenty of parks and recreational areas surrounding this area such as Blake Gardens recreational park and Possession Park which is the first point of contact when the British arrived centuries before. The art gallery and antique stores of Hollywood Road are on the doorstep with the colourful Cat Street shops and stalls providing all sorts of local Hong Kong and Chinese collectables and paraphernalia.


Living Here


Mixed in amongst the varied style of buildings are shop fronts with retail and businesses that take the ground floor space with apartments located above. This is the traditional style older Chinese building, many being a walk up with no lifts, and offering much larger spaces with a lot of character. Amongst these precious low rise architectural gems, most of which were built in the 1940’s, 50’s and 60’s era which are usually only 5 or 6 storey’s high, there are the newer high rise residential developments towering up to 25 and more storey’s high.


The Character


The older buildings (some very good examples sit on Tai Ping Street) are a dream to renovate, with high ceilings, art deco windows and making the most of nice curves or lines of the outside facades. Many have been given ultra glamorous makeovers internally by keen owners who realize the value of owning property so close to the city centre and that maintaining to a high level will always keep their investment solid.  For renters, there is only upside when you secure the keys to your trendy and cool new pad that may have an outdoor terrace or a rooftop entertaining area, have an open plan layout  New York Style with larger bedrooms and living spaces. These low rise apartment buildings are generally a walk up, however the benefits for your health and having a much larger living space outweigh any inconvenience.


Modern High Rise


The newer buildings are from the 1980’s to current and can offer reception areas and concierge services, with on site facilities that can include swimming pools and fitness gyms. These are built with working professionals in mind and are normally from studios to 2 bedders. Top floors and Penthouses may be larger depending on the buildings internal layout. A couple of popular high rise apartment buildings in the area are Rich View Terrace, Cherry Court and View Villa.


Rich View Terrace


Rich View Terrace built in 1992 is located on Square Street in a quiet area around the corner from the Man Mo Temple on Hollywood Road. It is a distinctive pink building of 27 floors with a layout of 8 apartments per floor. It is situated down the hill from The Blake Garden Park under Caine Road. Each flat has one or two bedrooms with one bathroom and is suitable for singles or young couples. The higher floors have excellent views and plenty of light. The building has good 24 hour security with CTV cameras in the lifts, lobby and entrance. There is very limited parking on the ground floor level.


View Villa


Completed in 1999, this 25 storey block is located in the heart of Sheung Wan on Tai Ping  Shan, next to Blake Garden. It has 75 apartments, therefore 3 units per floor, ranging from 367-396 sf saleable areas. They are all 1 or 2 bedrooms and some are rented fully furnished. They are a short walk to the restaurants on Hollywood Road.


Cherry Crest


Located in the trendy area overlooking Blake Garden recreation area, this single, modern high rise of 32 storey’s was completed in 2005 and contains 64 spacious apartments, with internal layouts of only 2 per floor. The 'A' apartments are 772 sf saleable and the 'B' ones are 696 sf saleable. They all have balconies with good views. On site facilities include a childrens play area, Club house with jacuzzi and sauna, fitness center and an outdoor swimming pool. There is car parking at the building, so some apartments come with car parks.

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