Category: China and Hong Kong Property related
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Highest paid TVB actor has a property in Malaysia
Someone earning a HK$ salary may not find it easy to buy a property in Hong Kong. Even if they could the size is likely to be small or they have to buy much further away from the island side. If they choose to buy a property in Malaysia, then they would think that the…
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1.41 billion population is not enough. 3 child per couple please.
With a 1.44 billion population, China has a median population age of 38 years. In other words, it has an ‘older’ population than Malaysia. Our median age is around 30. An ageing nation is when 7% of its population is 65 or older. An aged nation is one where 14% of its population is 65…
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Under threat now. That 1st potential catalyst to travel bubbles between SG – HK.
I was really looking forward to this travel bubble to start. The one between Singapore – Hong Kong which was supposed to start on 26th May 2021. The earlier article here showing my excitement of the potential. Travel Bubble starting 26th May 2021 That was before Singapore started to see rising COVID-19 cases in the…
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Rents are falling a lot in Hong Kong. Now just RM17.80 per sq ft as at Q1 2021.
Rents are falling a lot in Hong Kong it seems. Now it’s just HK$33.60 (RM17.80) per sq ft. As per this article in bloomberg.com Putting this into perspective, a 1,000 sq ft condo will be RM17.80 x 1000 = RM17,800 rental per month. I know, everyone wants to tell me that Hong Kong working people…
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Travel Bubble starting on 26th May (SG – HK), if all are okay.
I was looking forward to many more travel bubbles news but it does seem that many of these travel bubble plans do face lots of Covid-19 headwind. New Zealand travel bubble with Australia latest development (click to read). Closer to us, Singapore and Hong Kong’s travel bubble is very close to starting on 26th May…
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GDP growth in 1Q 2021? Just positive 18.3 percent.
International Monetary Fund (IMF) has predicted that Malaysia’s GDP for 2021 will be a positive 6.5 percent. World Bank says Malaysia’s GDP growth will be 6 percent. Our very own bank Negara Malaysia (BNM) says that our GDP growth for 2021 is between 6 – 7.5 percent. All are positive and encouraging predictions. This is…
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Rising demand means rising home prices. Caused by insufficient supply?
Rising demand means supply must rise quickly to meet the demand. Else, the prices would rise to cut off some of the demand and sell only to the ones who could afford to pay higher. Demand for a smartphone or a car? When a new smartphone model is launched and the demand for it was…
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When the property market gets hotter, people get divorced to buy one. Erm…?
What do people go when property market gets hotter or as per what people say, starts to recover? Well, more people will be tempted to buy because their friends, their colleagues, their relatives may be telling them about the property market as well. Briefly, when sentiments get positive, everyone feels that the time is right.…
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RM238 million ONLY for one unit. Most expensive property in Asia?
Most expensive property in Asia? How much would we pay for a home? Well, it depends on how much our wealth is, right? Perhaps a few million ringgit is very common here in the luxury hotspots in Damansara Heights maybe. However, what about RM50 million? RM100 million? Or as the title says, RM238 million? Nope,…
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Travel bubble. No quarantine needed. This one’s really coming.
I was very excited with travel bubble plans between countries a few months back. Well, it has not happened yet but here’s another super high potential travel bubble happening between Hong Kong and Singapore. It seems that it will become a reality within weeks. Article in SCMP.com Hong Kong and Singapore announced a landmark agreement…
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What is a coffin home? 200,000 people staying in coffin homes.
What is a coffin home? Are there homes which are really that small? 21.5 sq ft is the size of such a home. If you like an estimation of the size, just walk 4 steps to the front, then turn left or right and walk 5 steps. That’s roughly the size of 21.5 sq ft.…
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When my home sweet home is a small-sized unit. Less than 500 sq ft?
What was the size of your first home sweet home? A single room of 150 sq ft? With a single bed and a study desk and perhaps an attached bathroom? What’s the current size of your home sweet home? A landed double-storey terrace with a total built-up of 1,800 sq ft? Within a gated and…