News Hong Kong Property & Finance

BUYING an apartment in HK (old walk up building)

ORIGINAL POST
Posted by lace 19 yrs ago
Agree with oldhand. Make sure you pick a lawyer specialised in property. We were luck enough with ours when we bought. There were huge outstanding debts in rates and managment fees which had to be settled - thanks to the lawyer not by us.

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COMMENTS
Ed 19 yrs ago
Moved to property forum

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lace 19 yrs ago
Also be aware that the mortgage amount is not based on the asking price, the bank will only give you a mortgage based on the bank evaluation of the property - which especially for an old property might be a lot lower than the asking price.

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2006 19 yrs ago
For property lawyers, I found this firm good and reasonably priced.



CHU & LAU

Address 2/F, THE CHINESE GENERAL CHAMBER OF COMMERCE BUILDING,

24-25 CONNAUGHT ROAD CENTRAL, HONG KONG

Telephone 2526-2316

Fax 2845-0127



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lace 19 yrs ago
We used

Alfred Chan

of S.K. Lam, Alfred Chan & Co

202, 2/F, Dina House, Ruttonjee Centre

11 Duddell Street, Central, Hong Kong

Tel: 2107 9090

Fax: 2525 3777


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