The Mid Level area of Hongkong is one of the most expensive living areas in the world.
The Mid Level area of Hongkong is one of the most expensive living areas in the world. Modern apartments, proximity to Hongkong's commercial area and a spectacular view prompt some people to pay as much as GBP100 per week for a three-bedroomed property.
But following last weekend's landslide in the Mid-levels, the booming apartment building business has stopped. Penthouse flats, usually snapped up by Americans, are empty as potential residents assess the risk of living in such a steeply-built area.
Hongkong University was temporarily evacuated after the landslide when engineers noticed several small slides near a new faculty building. The students are now back in classes, but have been told to be ready to move out at any time.
Chinese residents near the scene of the landslide are now claiming bad 'Feng Shui' (Earth Spirit) for the area, and thee are rumours that the apartment buildings near the scene will remain empty for some time until the good spirit can be reinstated.
Hundreds of nearby residents are continuing to evacuate their homes as fears of a new landslide grow. The weather observatory in Hongkong still warns of further rains, and many people have moved to hotels rather than take the risk of being killed.
Some hopeful speculators have already offered to buy out residents. Local people now call the Mid-Levels the three R's -- High Rise, High Rent and High Risk.