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    Central

 

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The Central district has long since been the main business district of Hong Kong, and was once part of the capital of the new colony named Victoria when the British took possession on the 26th January 1841. The district was the first area of planned urban development in Hong Kong and slowly became the principal European business district with the eventual construction of the Hong Kong and Shanghai Bank symbolizing this.

Today, many multinational companies have their main headquarters in Central along with renowned accounting and law firms making the district a convenient and prominent location to do business. Government Hill, the administrative centre of Hong Kong, the Consulates general and consulates of many countries are also located in Central.

With the many companies located here, the district is especially popular for expatriates to buy or rent an apartment. Once past Queen’s Road Central to the south, the commercial skyscrapers give way to older low-rise Chinese walk-ups and apartment buildings. Despite Central’s modern impression, the average age of apartment buildings and low-rise accommodation is relatively high. But don’t let the façade of the old low-rise buildings fool you, because inside you can often find modern and spacious apartments.

Central is the most expensive district to rent Grade A Commercial Office space in Hong Kong, so you can expect something similar if you are looking to rent an apartment here. The more popular places to rent an apartment in Central is in the area of Soho, or South of Hollywood Road and around Lan Kwai Fong. With the Central escalators allowing a convenient link to the offices below, the district will remain a popular destination for expatriates to rent or buy a property.

 
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