Happy Valley

Hong Kong Island's refined pocket, leafy Happy Valley: the racecourse, quiet streets and mid-luxury living by Causeway Bay

Updated May 25, 202611 min read

About Happy Valley

Happy Valley is a refined, leafy residential district on Hong Kong Island, defined by the Happy Valley Racecourse (with its famous Wednesday-night races), the recreation ground, Sing Woo Road's dining and quiet, well-schooled streets a short walk from Causeway Bay. For investors, Happy Valley is a mid-luxury lifestyle and capital-growth play: steady upgrader and end-user demand at prices ~€26,000–48,000/m² with gross yields of ~2.5–3%. Hong Kong's residential market is fully open to foreigners, the extra demand-side stamp duties were abolished in February 2024, and the HKD's USD peg removes FX risk.

Location

Happy Valley in Hong Kong, Hong Kong, Hong Kong

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Figures are indicative and subject to change. Regulations, taxes and market conditions vary by jurisdiction. Do your own due diligence and seek independent legal and financial advice.

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