what is fundamentally sustaining the rises though when developers are discounting 20% in primary market and secondary market is basically frozen?
caught up with my landlord last week and he now basically cannot sell without a massive discount
Last edited by jw1701; 09-01-2014 at 09:49 AM.
While it seems pretty evident nowadays property sellers are having an increasingly tough time our beloved rag still seems to run tycoon-sponsored articles saying property is on the rise again, hilarious:
http://biglychee.com/blog/2014/01/06...-property-now/
Im unsure to be honest, im just relaying words from the street, heard they were going to run the mtr right up to fanling eventually and get rid of the east rail line...
Ok...so that is obviously just a rumor...
You really have no clue about Hong Kong! The MTR runs the East Rail line. Start here to further your education: http://www.mtr.com.hk
The "street" you refer to is obviously full of similarly clueless people, and is obviously located far away from Hong Kong!