Posts Tagged ‘Sorrento’

My Thoughts on Kowloon Station’s Sorrento

Monday, January 5th, 2009

I have had the opportunity to view Kowloon Station’s Sorrento development a couple weeks ago and was quite satisfied with this five tower project built by Wharf Estate Limited in 2003.  Ranging from 67 to 81 stories, some units of the Sorrento have stunning views.  I had the chance to view two units at the Sorrento.  Both were at Block 6, one was a middle floor C flat while the other is a high floor D flat.  The C flat consisted of 1032 square feet and its asking price was HK$7.95 million.  The D flat consisted of 998 square feet and its asking price was HK$8.5 million.  Overall, both floor plans had decent views overlooking the courtyard and some blocked Victoria Harbour views.  The floor plans were more rectangular and square than the slanted floor plans at the Waterfront.  The unit price is not that much more expensive compared to the Waterfront, but the Sorrento has a much higher density of residents.

Overall, Sorrento is slightly better than the Waterfront, since it does not have the slanted floor plans, thus the floor plates are more functional.  It is also three (3) years newer and more up to date in terms of design.  Due to these advantages, it may be more competitive than the Waterfront, but these benefits have a higher cost and a lower ease of entry for many potential residents and tenants.  For a good location and open views, I recommend Sorrento as a potential investment.  Some units at Kowloon Station have dropped over forty (40) percent from their highs.  Kowloon Station offers convenience in terms of shopping, eating, living and transportation – the four most important aspects of buying a property in Hong Kong.  Its close proximity to Central also makes it competition to the traditional luxury neighborhoods of Mid-Levels Central and Mid-Levels West.  Yet, Kowloon Station is more competitive in price and feels newer.

All in all, for more information about Sorrento and other residences in West Kowloon, I would recommend contacting an estate agent who specializes in the area.