My best property tip for 2013!

OK, so apart from all this theoretical discussion here, some of you actually want to know how to make some SERIOUS money (whether in stocks or property). I have already provided my stock tips for the year in prior.


Now I have a property tip for you to consider. If (and it is an "IF," and the usual "do your own research" disclaimer applies) private car access to Ma Wan for residents is finally allowed, prices there could as much as double. So, apartments selling for say 12m, might sell for 24m (again, up to you to make your own calculation and assessment on this as to how much this change would affect prices there, but when doing so please try to envisage how nice it would be waking up there in the morning, running along the beach before work/swim/gym etc, and then driving your sportscar along nice roads into the office in Central..., and vice verca at the end of the day).


I have no "inside information" as such on this possible development, but based on my personal observations, I have a belief that this might really happen.


So, remember where you heard it first. I will be coming back here and telling you I told you so if I was right, and if I make you a few (or 10s of millions) as a result of this suggestion we might later want to celebrate with a few beers...


PS - On this topic I am not going to go into much detail as I am anticipating "how do you know this will happen" type questions. All I can say/suggest, is do your own research, and then if you feel comfortable, make your investment decision accordingly.

How many private carparks are there on Ma Wan?

Remmy, you've been talking PI for a long time. This is by far the most shameful. People will think you own many flats in there.

TI - right now there are none (hence the huge potential upside).


Punter - I have no shame in reccomending an investment and/or expressing my views here. And yes, it stands to reason that I am likely to "put my money where my mouth is", so to speak...

Lol.

Remmy - I like your posts as you seem to be a positive "half full" type of guy. This one though is a bit OTT. I don't know how big Ma Wan/Park Island is but your vision sounds as though its dependent on you having the only sportscar! If suddenly you have 15,000 (or however many people live there) commuting into work in their sportscars with little in the way of proper parking or road infrastructure then it sounds more like a disaster - it doesn't sound like a place I'd like to go for a run in anyway! It might also detract from the attraction of PI - ferry commute, car free environment etc. Be careful what you wish for.....

i think remmy's tip is spot on but the big question is timing. it could take 3 months or 5 years to get private cars onto Ma Wan.

TickTock - I knew it would be preceived as OTT. However, I like putting specific measurable predictions on record (especially to address Eds "well no-one predicted that" type comments on historical events). With regard parking and infrastucture, I'm not going to go into details here - all I can say is do your own reaearch, come to your own conclusions, and remember where you heard this suggestion first :)

Just an update - PI hit record highs this week according to the CCI index:


http://hk.centadata.com/cci/estate_info_e.aspx?id=008600

A property under HK$4 million - but not more than HK$10,000 psf, preferably within walking distance of a new transport connection.