Posted by
lennox73
11 yrs ago
I have sold a property abroad and now have around 1.3 million HKD, what investment should l consider?(no income return required, ie capital appreciation > inflation is fine)
1. buy a property in SZ and rent out or
2. invest in an ETF like SPY, which tracks the S & P 500 with my US broker or 2800 which tracks the HSI with my HKG broker?
I have been told properties in SZ or anywhere, have gone up too much and are going to take a downturn / crash, but so has the stock market.
time frame not really important either, anything >10 years fine.
Good suggestions appreciated
thanks
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You might try Malaysia, and specifically: Malacca perhaps
http://hongkong.asiaxpat.com/forums/hong-kong-property/threads/151881/malacca-thread-hotspot?/
KL is probably overvalued and overbuilt, and Penang is more expensive than Malacca, but you have to adjust to investing in what is mainly a Tourist economy (ie few long term renters)
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HI,
I am working for UK property based in HK. Would you consider investing in Student accommodations? With your budget , you can buy 2 to 3 units for investments. :)
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