Stay updated on the latest developments and tips in the property market to make more informed decisions
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Hong Kong Property | June 16, 2015
And you thought your place was fancy! CUHK professor Kai Chi Leung created this infographic to show the large income gap in Hong Kong. The lowest median income is 10,000HKD in public housing in Tsuen Wan and Shek Kip Mei, while the highest goes to HKU station the Belcher’s ($93,580HKD). Which MTR station are you on?
Photo credit: Kai Chi Leung
Hong Kong Property | March 4, 2016
Last week Hong Kong Financial Secretary John Tsang Chun Wah announced the 2016/2017 Hong Kong Budget. Spacious has compiled the budget highlights that impact property markets. The market consensus is calling for an additional drop in home prices of 5-10% from current levels, representing a total decline of 15-20% from the peak prices reached in September 2015. The budget announcement’s […]
Hong Kong Property | July 15, 2015
We all know how hard it is to find cheap rent in Hong Kong – you can either live in a subdivided apartment or share a “normal-sized” apartment with multiple roommates to make ends meet. According to experts, you should only spend around 33% of your salary/income on rent. If you’re wondering how much rent you can afford for 1 […]
Hong Kong Property | January 24, 2015
House hunting and apartment hunting can be exhausting or exhilarating. Your experience is partially dictated by your attitude, preparation, and other factors involved with your upcoming move. You don’t want to grab the first apartment that comes along, only to discover it has many problems a week after you move in. You also don’t want to hang on until the […]
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