MID LEVEL WEST Property boom

[Alfred Cheung]

Many old apartments in mid level west are selling at cheap price. Some for as low 10k psf.

[jaykay]

Mid Levels West - property agent speak for Sheung Wan.

How long before Causeway Bay becomes Lower Happy Valley?

[Satay Sue]

But Alfred, 3 minutes earlier you posted this
http://hongkong.geoexpat.com/forum/1...ml#post1955077

[BaconBreadBaker]

i live in the Peak North, aka New Territories.

[packy_crusher]

Wait until the U.S. economy starts to turn around...one inflation starts to go up, the Fed will start raising interest rates...thousands of home owners in Midelevels and elsewhere in H.K. will see their variable interest rates mortgages sky rocket. There will be a lot of cheap houses then.

[Alfred Cheung]

i am just waiting for the developer to offer me a collective sales

[drumbrake]

10K psf is low? For an old apartment?

[Alfred Cheung]

for a 30 yr old apartment

[BaconBreadBaker]

and that's a good deal?

[Mat]

Current prices on "Mid Level West":

Centadata.com - Search Result

So 10k is average or slightly below average