So your family is relatively well-off as they own a flat.
Actually property prices in HK are among ones of the priciest in the world. The recent problem is due to continuing influx of Chinese mainland capital that is pushing the price higher and higher. There is a lot of speculative money under way.
How much is PCM? you mean HK Dollar?
These cases are designed for people to sleep. They go working elsewhere.
Well, my Mother had a very successful textile business before she passed away several years ago, She still hold the deed to the apartment we had in Tuen Mun. Which today worth about 1.5 Millions Hong Kong Dollars. The reason why it's still in her name is because none of us wanted it....I have my own home in Sweden and Australia, my brother have his own home so.....
My brother is a Boeing Engineer travel everywhere, so go figure
PCM is real estate term of Per Calendar Month. Which mean monthly rent.
Once they have their independence status and the war with mainland breaks out, their and YOUR property price will drop dramatically. May be your family would be killed too.
Is that a threat? But let me tell you this, you are too late, my mom is dead for a few year and unless you can travel to Boeing Assembly Plant in Arizona and kill my brother, i don't think you can kill my Brother.
So better luck next time. ROFLCOPTER
Prove you are not ex HK resident, 580 Square feet, take is as 600 square feet cost you 8 million HKD, why? because there are always two price tag, one is include public space eg garden platform, one is exclude it, it is call Net Floor Area, if you want your apartment has 600 square feet, you have to buy a "800 square feet" one, and the latest price of square feet of the HK major estate is 9000~12000HKD. But HKer don't worry, HK real estate price will drop due to the counter measure carry out by the CCP of the independence movement.
lol, dude, THAT PROVE YOU ARE NOT A HK RESIDENT.....LOL
Depend on where you bought your properties, it is not at least 9000/sq ft.
There are many different housing in properties market. YOu got ex private estate, ex government housing, aboriginal housing (丁屋
and you got 居屋. Not everything needed 9000 per sq ft to start.
Just to show you are wrong, my Mom place is a 2 story Aboriginal Housing (3rd Floor + Roof) If wesold the place tomorrow, we got 3000 per sq ft. And the price will not be more than 1.8 millions over 780 Sq Ft Actual size and you can find many of these which are ex government housing or 居屋 for sale and you do not need to comp the stamp duty unless you resell it.
http://web.centanet.com/findpropert...-0f9a-4e92-9fc8-9848bc1315ab&posttype=S&src=S
Build Size 711 Sq Ft, Actual size 550 Sq Ft. Sold for 2.10 Millions (4.20 after stamp duty)
So, frankly sir, YOU ARE WRONG.
We are?
Kid, I work with engineers from mainland China (including Hong Kong), Taiwan, South Korea, and Singapore. I have been to each of those countries. I know what a 'middle class' person, as defined by their countries, live like. Not one of them have the same living quarters as an average American 'middle class' person/worker. My house is 3000 sq/ft, 1500 top and 1500 basement, and a 2 SUVs garage with attached workshop, all on .25 acre. That is practically a mansion in HK.
If you want a real mansion, you should live here in Australia.
My place is a 200 sq meters with another 50 sq mtrs front and back yard, rent only 1200 AUD per month
Which is a little over 1000 USD per month
We can afford a very big houses in Australia as we are more or less the same size than United States, but we have 15 times less the population. Out here, if you don't have a car, you are screwed.
This is public housing, the rent is very cheap, does Indian poor people have this kind of apartment ? Indians can only sleep on the street.
This is not public housing (Actually it can be) it's a so called "Cages" 籠屋. WHich can be a public housing but people illegally seperately into differnt sector in the same house and rent it out to a lot of people, i can assure you the one show in the Picture is illegal. And definitely not Public Housing in HK (I used to live in a Public Housing Estate (屋村
In Shek Kip Mei