Home, sweet home

Luxury is not just about feeling good, but living good too. And this is certainly what Hong Kong’s exclusive market of luxury serviced apartments has in mind, with its state-of-the-art properties.

“It’s all about understanding what our guests really need and want -- making their new or temporary lives in Hong Kong as comfortable, appealing and effortless as possible,” said Girish Jhunjhnuwala, founder of serviced apartment provider Ovolo and managing director of Home2Home Lifestyles Management.

But in a property market where home prices have surged by 45% since the beginning of 2009, against a backdrop of record low mortgage rates, there is a question mark over whether luxury can still be affordable...