One Bedroom or Two?

hello all,

I just need some advice.

I'm thinking about buying a property in a few months time for my own use. I'm a balchelor and for the future it would be ideal to have a two bedroom apt.

One bed (575 sq ft)would cost 130K
Two bedroom (750 sq ft) cost 200K

this is based on 5% downpayment and stamp duty, legal and estate agent fees.

My question would a one bedroom appreciate in value the same or similar to a two bedroom? Coz after some time I would need a bigger place anyway.

Also is it easier to rent out a one bedroom compared to a two bedroom?

As you know its the Stamp duty for a two bedroom that takes most of the chunk.


Appreciate feeback.

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Posted by Philly Cheese (1063 days ago)

You must be using some other currency because your prices do not look right. Your question is too general - need to look at things like location, type of tenant you want to attract, age of building, any roof, etc.

Posted by walkup2 (1063 days ago)

I think the figures amount to anticipating a 575 sq foot apartment for 2.6 million or a 750 sq foot apartment for 4 million HKD. For those figures you would need to buy outside of prime areas. I would not advise to mortgage up to 95% for a property outside of prime locations.

Posted by OffThePeak (1062 days ago)

I think you should be asking: Which will fall the least?