Category: China and Hong Kong Property related
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Really, REITs may just be your cup of tea
Occasionally, I browse this site. reitsweek.com I think it’s informative and has lots of news for Real Estate Investment Trusts (REITs). It has more news from Singapore but when you browse through, you would notice Malaysian REIT news and occasionally Hong Kong ones too. REITs are for those who believes in property as an investment but does…
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China property: “biggest bubble in history” says China’s richest man
China is already the world’s second largest economy. In fact China is a very important country to Malaysia for its huge and growing investments into Malaysia. It’s not just Iskandar but we can see Chinese investments everywhere. In fact they are in the running for the High Speed Rail project and I think they are…
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Even taxi licenses are over RM4 million
In my latest trip to Hong Kong, I did not buy the Octopus card because I did not take the MTR. This was my first trip with a toddler and a baby in tow and taxi is definitely more convenient. Yes, I think in total I spent close to RM1,000 for taxi fares. Perhaps that’s…
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We will be CLOSER to one another in the future; space shortage
Treasure the space that we have today. It’s a luxury. Kuala Lumpur is nowhere near Hong Kong in terms of density but assuming we reach their level today 15 years later, I think we better make sure we own more space today instead of later. Yes, this includes even car park lots! I was in Hong…
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Standing on top of a glass bridge and looking down? Argh………..
Take a look at the image. Would you try? Okay, I would not dare to try. I also not think my wife would ever allow me to try which is good news for me. Well, based on all those who have tried thus far, there has been no report of any untoward incidents. Yes, this…
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5-bedroom sold for RM329 million. Hong Kong lah.
I am very sure many would be asking if the price is for real. Well, this was reported in Singapore’s leading property portal, propertyguru.com.sg One five-bedroom luxury villa in Hong Kong has been sold for HK$630 million (RM329 million) by property developer Wheelock Properties. It was sold to an unidentified buyer, reported by Bloomberg. It was not…
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Singapore fund favours Hong Kong property assets for now
Recently I shared something I read about Hong Kong’s property market. It’s not doing well actually. Read here: Hong Kong property market? Dropping in price and transactions Well, as they say value appears once prices have dropped low enough to re-enter the market. SC Capital Partners, a Singapore private equity real estate firm said that…
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Hong Kong property market? Dropping in price and transactions…..
My Hong Kong classmate told me that due to the size of her home in Hong Kong, every time they wanted to play mahjong, one of the player would be sitting inside the toilet. That was 19 years ago. I think since then, due to the vibrancy of the Hong Kong property market, the size…
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US$2 billion (RM8 billion) from CREC into Bandar Malaysia
Many months back, when I was driving past the Bandar Malaysia site together with a few friends, they asked ‘will this happen or not? 1MDB is in so much issues.’ (Actual words are more crude but the message is something like that). Let’s focus on Bandar Malaysia this time. Well, according to a news report…
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Soros: Hard landing for China. China disagrees fully.
China’s advice to Soros: “better” stay away from renminbi and HK$. I read an interesting article from Reuters about China’s state media and George Soros. Earlier, Soros told Bloomberg TV that he sees a hard landing for China’s economy and this will lead to a global deflation. In brief, deflation in economics is a decrease in…
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China growing at the slowest since 2009
Wondering why the property market in China is in trouble with huge number of empty completed units? Well, in Q4 2015, China’s economy grew just 6.8 percent. This should be a growth envied by many but based on statistics, this is the slowest growth since Q1 of 2009. Remember the 2008 mortgage crisis? Well, fortunately…
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China’s economy, the main anchor to all
It would be foolish to look more to the US economy to predict what will happen like what is happening today in the context of ASEAN. While the US remains the largest economy of the world but it is not even among the top three largest trading partners to ASEAN anymore. Largest is China, followed…