Hong Kong's Property Swamp



Posted by Ed 2 mths ago
According to an industry veteran, the majority of units listed in the Hong Kong real-estate market do not exist, and those that do are often misleading

Do not take the words of Hong Kong property brokers at face value.

In fact, you might consider discounting 95% of what they say as nonsense – or worse.

These are the controversial views of Centaline Property Agency chairman Shih Wing-ching, who recently asserted that the Hong Kong property market has far fewer “real” listings than one would imagine.

Shih estimated that only about 10,000 out of 160,000 property units listed in the Hong Kong real-estate market have actual letters of authorization from the landlord.

In other words, the remaining 150,000 are actually “fake”, not “real”, estate.



Ed 2 mths ago
Hmmmm.... I just counted 53,000+ properties for rent on one of the HK property sites....

Tropics 2 mths ago
It's a marketing gimmick. ''Oh I'm sorry that one's gone but I've got similar properties on my books...''

HK should regulate.

Ed 2 mths ago
Perhaps another model is required....

Ed 51 days ago
... to drain the....


Ed 9 days ago
Swamp Monster!




Ed 8 days ago






Ed 8 days ago
But Ed ... why does nobody do anything about this deplorable situation....

Well... for the same reason nobody does anything about the billions of fake clicks and likes on social media sites.

What do you mean Ed? Explain this to us.

Well.... it comes down to $$$$$$. Lots of people are making lots of money by faking it. So why would they upset the apple cart.

Oh I see....


Ed 8 days ago
Perhaps we ... need a hero?


Ed 8 days ago
Or.... perhaps we need to burn the entire house to the ground.... the timbers are all rotted so no loss...


Ed 8 days ago
Let's ask Colonel Kurtz what he thinks about the State of the HK Property Market Listings Debacle:


Thank you Mr Kurtz....

Now over to Kilgore for his thoughts on how to sort this mess out....


Hmmm... napalm.... perhaps virtual napalm? Digital napalm?

Or maybe some extra strength Vicks Vapour Rub?

Ed 5 days ago
Alas.... it appears hopeless... no saviour is on the horizon .... we will be forced to continue to enter the swamp of fake and outdated listings wasting time (that could be better spent learning to tango ... or baking a cake) ... only to contact an agent and be told sorry, this is not available, but I've got this for you....

Oh the despair.... in these days of desperation ... we must turn to extreme measures....


Ed 19 hrs ago

Expats are at the 5th stage ... total Acceptance that when they browse property sites in Hong Kong, they are looking at mostly fake listings....

And they pretend that this is ... ok.... because....


Ed 16 hrs ago

Ed 17 mins ago

< Back to main category


Login now