Category: China and Hong Kong Property related
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Education will always be attractive for the property market
Young Malaysians going overseas for their degrees usually go to three main countries; Australia, the U.K. and the U.S. Normal students like myself would get a room as accommodation like the rest but there are the richer ones whose parents would get them a property instead. According to an Article in TheGuardian here, wealthy parents from outside…
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Time to retire just like Jack Ma? Wait a minute… not yet.
When I posted an article about Jack Ma’s retirement in my Facebook page yesterday, the number of reach was super-high. There were also comments and well, many did not believe that Jack Ma was about to retire. I too have my doubts but then again if one of the richest man in the world says…
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Panic selling can only happen when businesses are hit hard
Buy something to live in, not for speculation because the latter is like gambling. This was what Hong Kong’s third-richest man, Lui Che-woo advised in an article in South China Morning Post here. I think his advice is a sound one. 🙂 In the same article, investment bank CLSA has predicted that property prices would drop…
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That place with the highest per capita income in the world?
I have been to Macau 5 times I think. Usually, it’s part of the Hong Kong trip because somehow I think Hong Kong has far more attractions. 😛 Here’s one latest news about Macau. By 2020, according to the International Monetary Fund (IMF), Macau will would overtake oil-rich Qatar with the highest per-capita gross domestic product…
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Luxury? Property? Well, it can also be just a home-sweet-home for all of us.
Luxury? Property? Well, it can also be just a home-sweet-home for all of us.
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Waiting and selling slowly (or hoarding?) will stop with levy, usually.
The number of unsold units in Malaysia is at a historic high actually. An article about this earlier. Unsold units are u further 16k units. Now at 146k. From my conversations with many prominent property experts, the conclusion is a brief one. The demand is there but the price is just not right, yet. In fact,…
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Fear of price increase and the push to buy (someday, not today)
[contact-form][contact-field label=”Name” type=”name” required=”true” /][contact-field label=”Email” type=”email” required=”true” /][contact-field label=”Website” type=”url” /][contact-field label=”Message” type=”textarea” /][/contact-form] What do we do when we know that our savings will never catch up with the property prices which are already highest in the world today? Sorry, the honour of having the highest property price versus household income does not…
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China’s Hong Kong with a Hong Kong town in China. A rail based plan.
According to Bank Negara Malaysia, the average median property price versus household income ratio for Malaysia is at 5.2; severely unaffordable. In Hong Kong, it’s quite close to 20. Here’s that earlier article. There are no category for such a number. If there’s a ceiling, Hong Kong’s property price affordability is higher than the ceiling.…
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China as a catalyst remains the same after GE, regardless of winner.
I have started to HIDE some people’s comments about politics. It’s a little tiring to read all of them. My personal thought is that most of everyone has made up their mind and nothing much would change from now until the voting day. However, this particular article I think would be of interest to the…
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We buy properties for our children’s education, right?
Malaysians have been buying properties in countries like the UK or Australia for years. I meant the super wealthy ones with kids studying overseas. For a number of them, the property investments are for the future of their children. A place to stay, for example when their kids are studying overseas. An investment perhaps which…
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Severely unaffordable but property price still uptrend
According to the Census and Statistics Department of Hong Kong, the median salary for an employee is S$16,200 (RM8,114) in 2016. Please refer here for the full set of numbers. In other words, most employees in Hong Kong would be earning around RM100,000 per year which is already categorised as the upper end of M40 in…
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Yes, still going up, even though already extremely unaffordable.
Can home prices go up by double digit per year? If it seems unlikely, then let’s look at it from the number perspective. Briefly, a RM400,000 home becoming RM450,000? This is already an increase of 12.5percent. So, in number, it’s actually possible because people do not think too much about an extra RM50,000 divided over…