Posted by
2006
19 yrs ago
You can see all the statistics (trends in capital values and yields by property type and district) for residential and commercial property at the web address below. The file is large, so even with broadband you need to wait a minute for it to fully download.
http://www.rvd.gov.hk/en/doc/statistics/full.pdf
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I would suggest you to check out with lots of agencies and agents, and also auctioneers. Do some online research. My advice is Location, Location and Location.... and ask around. The more you know, the easier for you to set on the target price and better at negotiation.
I would say the market has been up for 2 and a half year straight since Aug 2003 (after SARS). A full cycle in HK runs about 3-6 years. The last correction took 6 years downhill and God know how long this bubble can keep on balloning ....
Research more and best of luck.
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