Property Valuations

Posted by aussieinhk (369 days ago)

Does anybody know who I can contact to garner the current market value of an apartment in Wan Chai?

Find what you are after in our Hong Kong A-Z Directory

Posted by WoDer (369 days ago)

you can do that online for free.

http://www.hsbc.com.hk/1/2/hk/mortgages/valuation

Posted by aussieinhk (369 days ago)

thanks, but NONE of the on-line valuation services I've come across actually list the building I'm interested in.

Posted by ldavy (369 days ago)

Ring your bank and ask for a valuation.

Posted by walkup (368 days ago)

careful...the bank valuation is their valuation for mortgage purposes and may be way under the market value eg for old walkup apartments (as I have suffered). Other guidance you can have is what the last person paid for a condo in the place you are interested in which may be some time ago....The best guide is to look around and view other properties for sale in a silmilar price bracket. You need to get a 'feel' of what is good value. Remember that the price a property is sold for is the value placed on it by 1 buyer...all the others think it is too expensive!

Posted by aussiebiscuit (363 days ago)

local friend of mine gave an excellent website for sales records in HK and its in english! :) definitely don't have this comprehensive data back homein sydney without paying for it.

http://www.centadata.com/eptest.aspx?type=4&code=CW0022

Posted by thommo (357 days ago)

If you need a mortgage then ask the bank. Whether the bank valuation is accurate or not is irrelevant because if you are applying for a mortgage it is the only valuation that counts.

Posted by walkup (356 days ago)

you can also check out transaction records here but sales dates lagging:
http://www.centanet.com/ctline/owa/ctline_trane