Category: China and Hong Kong Property related
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Hong Kong aims to reopen borders with China. (Also means China reopens yeah)
China has a population of 1.4 billion. if we assume just 3% of them would travel somewhere out of China, that’s 42 million people. It’s bigger than the whole population of Malaysia. Assuming each of these spending just RM200 per day and that’s a staggering RM8.4 billion. With a multiplier effect of 4, it’s RM33.6…
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Property price can be this expensive? A few millions for less than 160 sq ft?
Property price can be this expensive? A few millions for less than 160 sq ft?
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Hong Kong home prices to drop 20 percent? What are the reasons?
Hong Kong home prices to drop 20 percent? What are the reasons?
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Building more affordable homes can help more to own homes, period.
Building more affordable homes can help more to own homes, period.
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Property developer: When one has liabilities of RM1.25 trillion. (yes, this is a lot of money)
China’s government is assembling a group of accounting and legal experts to examine the finances of China Evergrande Group. This is a potential precursor to a restructuring of the world’s most indebted developer.
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Property investment? 212 apartments sold with over 4,000 bidders for every unit? Wow.
When the supply remains low versus the potential number of demand, then the price will be strong. In a property market such as Hong Kong, demand outstrips supply (long story why it’s not easy for them to become like Singapore’s HDB today and moving forward) and looking at one recent weekend, this remains the same…
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Rental increase NOT more than 5 percent per year, okay?
Rental increase NOT more than 5 percent per year. Renting is better is true for some but for all
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Property market will be ‘slowed’ down if it has been moving too fast
Property market will being ‘slowed’ down if it has been moving too fast. DIBS, once upon a time If you did not know, once upon a time, everyone can buy properties. Not property yeah, I wrote properties; more than one unit easily. It was called Developer Interest Bearing Scheme (DIBS). Google for it to read…
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Travel Bubble is not easy. Here’s one which has burst.
This bubble which has been planned and postponed has burst. It’s between Singapore and Hong Kong. Do not think too much. It’s travel bubble yeah. There are no other bubbles between Singapore and Hong Kong. Definitely nothing about the property markets too. The major reason is because of a difference in the Covid-19 strategies. Singapore…
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Why we must stop property bubble potential?
Why we must stop property bubble potential? No new private equity funds for residential property developments. Just yesterday evening, I was sharing about the Penang property market with one group of real estate negotiators. Slightly over 100 of them from Penang, Melaka and Klang Valley. After the session, many questions were asked and one of…