Jadewater or South Horizons

I have been renting for 10 years in HK..my rent keeps increasing and realising as i am here for the long term i am crazy to continue to rent...(oh why did i not buy 10 years ago!!!)

Looking for advice/opinions as i am only just beginning to research.... i can afford approx 7million (single mum and child)...Jadewater in Aberdeen and South horizons have small flats within my price bracket....Although purchasing to live in i obv would like the property to maintain/increase in value....any thoughts on either area (mtr will go to both)...

Additionally all the talk of prices dropping is the lower end market likely to see these drops (i have been waiting and waiting the last few years for this to happen).

Do yo think i should hold off another year? Are sellers more likely to accept lower prices?

looking forward to hearing your thoughts

Probably that is fine - since the area will benefit by MTR construction,

but I would suggest taking a look at some other areas before committing to buy there

Off the peak-which areas would you suggest looking at?

It depends on your Job and maybe where your children might be in school. If it is convenient for you to live off HK Island, you may be able to save money by doing so. You will get more for your money in Kowloon, and the NT.


As you may know from another thread here, I am partial to the West Kowloon area, and especially Olympic/TKT:

http://hongkong.asiaxpat.com/forums/hong-kong-property/threads/150218/the-olympic-station-tkt-thread/


But there are other areas worth investigating. For example: Tung Chung, Park Island, and maybe even somewhere like Kam Sheung Road / Yuen Long. But if these areas are inconvenient for your living and working arrangement, I would not bother.