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Hong Kong Property Price

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  1. #31

    Join Date
    Dec 2010
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    1,116
    Quote Originally Posted by traineeinvestor:
    I've got no idea how much further HK property prices will fall. Neither does anyone else.

    Quite frankly, based on the deafening crescendos of "experts" declaring the sky is falling during previous bear markets, it would be reasonable to conclude that they louder they proclaim that Hong Kong is about to collapse the closer the market is to a bottom – but that may just be cynicism on my part.



    At some point, there will be opportunities which I hope to take advantage of but IMHO we're some way away from that.
    I agree. Whenever experts express their views, it usually goes the wrong way in reality. Most likely for their personal gains. Theres no real benefits for them to do homework and share their real views to the general public.

    Opportunities are always around. its all about timing...
    traineeinvestor likes this.

  2. #32

    Join Date
    Dec 2010
    Posts
    1,116
    Quote Originally Posted by ArrynField:
    Seller is probably desperate to sell.

    Already a few transactions c $11,500 psf

    https://hk.centanet.com/findproperty...6kqE5XgID2ijeA
    Durr.. I shared this info a month ago about Lohas Park. Homes around 10 years old going for 10-11k /sqft while the new or prebuild are going for close to 20k/sqft

  3. #33

    Join Date
    May 2011
    Location
    Sai Kung
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    4,308

    Is their HK office rental up for renewal?


  4. #34

    Join Date
    Oct 2010
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    23,622
    Quote Originally Posted by TheBrit:
    Which banks link their current or savings rate to prime?
    @Peaky?

  5. #35

    Join Date
    Jun 2018
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    1,135

    In general the savings rate has a fixed differential vs that rate of around 5%. HSBC and Hang Seng have maintained that differential forever... same for SCB i believe. Obviously time deposits are priced totally separately from this.

    Last edited by Peaky; 08-10-2022 at 05:57 PM.

  6. #36

    Join Date
    Oct 2010
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    Quote Originally Posted by Peaky:
    In general the savings rate has a fixed differential vs that rate of around 5%. HSBC and Hang Seng have maintained that differential forever... same for SCB i believe. Obviously time deposits are priced totally separately from this.
    So an unofficial link? They can just decide whether to honour this or not?

  7. #37

    Join Date
    Jun 2018
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    1,135
    Quote Originally Posted by TheBrit:
    So an unofficial link? They can just decide whether to honour this or not?
    Nothing contractual, nothing official in the regulation... definitely reputational constraints, who knows what else behind closed doors...


  8. #38

    Join Date
    Oct 2010
    Posts
    23,622

    Thanks! I did check any my HSBC account is now paying 0.125% !

    qhank likes this.

  9. #39

    Join Date
    Aug 2007
    Posts
    980

    Double stamp duty plus strong Dollar offsets any reduction in listed prices for those financing in weaker currencies other than a complete slide. And then there is the small matter of rising interest rates. Plus, are rents significantly rising in response to inflation?


  10. #40

    Join Date
    Feb 2019
    Posts
    2,656

    Carry trade suggestions anybody?


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