Follow Happy Valley to receive the latest listing and transaction updates
List your property on Spacious
Click here and learn more

Happy Valley

Welcome to Happy Valley

Neighbourhood Features

Happy Valley, located in the southern part of the Wan Chai district on Hong Kong Island, was named after the nearby Happy Valley Racecourse. It is considered one of the upscale residential areas.

Since the completion of the racecourse in 1846 and the connection of the tram route to Happy Valley in 1904, the area has gradually developed. Due to its relatively secluded location near bustling districts, Happy Valley has attracted many high-income individuals to settle there, enjoying a tranquil environment and a high degree of privacy.

Surrounding the iconic Happy Valley Racecourse are numerous residential developments that offer views of the racecourse. It takes about 15 minutes by minibus to reach the commercial district of Causeway Bay, where several large shopping malls, including Times Square, Hysan Place, and SOGO, cater to the residents' shopping, dining, and entertainment needs.

In terms of transportation, the area is served by bus, minibus, and tram routes, providing access to various parts of Hong Kong Island, as well as connections to Causeway Bay or Wan Chai for further transportation options.

Residential Distribution

Residential properties are concentrated to the south of the racecourse and along Broadwood Road. The southern area of the racecourse hosts a cluster of private residential buildings, including Billion Terrace, Broom Garden, Celeste Court, Claymore Lodge, Eight Kwai Fong Happy Valley, Caroline Height, Malibu Garden, Palm Court, Regent Hill, San Francisco Towers, Shan Kwong Towers, Shuk Yuen Building, The Aster (Resiglow), The Altitude and The Urban Edition among others.

Situated at a higher elevation, the Broadwood Road area overlooks the Happy Valley cityscape and the racecourse. Some units on the eastern side of the buildings offer views of the sports field. Notable properties in this area include Beverly Hill, Broadwood Twelve, Jade Terrace, The Broadville, Villa Lotto and Villa Rocha.

Latest transactions and listings in Happy Valley

Don’t miss out! keep up with the latest transactions and listings in Happy Valley

Transaction in Happy Valley
Displaying transaction data from the past 12 months
Avg. price/ft²:
Avg. price/ft²
Trans count:
Trans count
Transaction Date
Building Name
Floor
Flat
Price
Area (Sqft)
Price/ft²
2026-07-15
2
2
B
B
HK$13.38M
880/1100
HK$15,205
2026-07-15
8
8
B
B
HK$13.82M
679/1051
HK$20,353
2026-07-14
7
7
A
A
HK$4M
284/426
HK$14,067
2026-07-13
10
10
A
A
HK$11.89M
534/-
HK$22,266
2026-07-13
20
20
B
B
HK$11.75M
643/887
HK$18,274
2026-07-13
9
9
A
A
HK$10M
646/851
HK$15,480
2026-07-08
10
10
D
D
HK$24.2M
1213/1531
HK$19,951
2026-07-08
9
9
B
B
HK$7.18M
468/590
HK$15,342
2026-07-07
11
11
B
B
HK$5.8M
369/516
HK$15,718
2026-07-03
11
11
A
A
HK$10.2M
534/751
HK$19,101
Above are the latest transaction records

We’re always looking to improve our transaction section. Have ideas or suggestions? Email us at [email protected] – we’d love to hear from you!

The data from the all new Spacious Data Transaction Analysis (Beta) is for reference only. Any use or reference to such data is at your own risk.
Market Snapshot
Sales Snapshot
Sale Price Comparison
Compared to other listings in Hong Kong, prices in Happy Valley are
58% lower
Avg. Sale Price By No. of Bedrooms
HK$11.41M
HK$10.18M
HK$14.4M
HK$16.21M
HK$25.18M
HK$26.77M
Happy Valley Hong Kong
Rental Snapshot
Rental Price Comparison
Compared to other listings in Hong Kong, prices in Happy Valley are
0% higher
Avg. Rental Price By No. of Bedrooms
HK$24.82K
HK$25.04K
HK$37.1K
HK$36.01K
HK$57.14K
HK$60.08K
Happy Valley Hong Kong