Terrence
Try this website.
hk.centanet.com
One of the largest real estate agent in HK. Properties transaction in HK is very transparent for sub sale market. You can even check the previous transacted price of every unit that you want to purchase. Feel free to PM me if you have any question. Dont worry I am not real estate agent.
same with malaysia transacted property, different is local agent not that educated . . . . . .
Actually, the local agent can check the transacted property too but not the latest transaction la. Cos the land office will update the transaction only 6 months or sometimes 1 yr later
Even when checking with bank, you couldn't get actual transacted price.
About overseas property, it's depend from country to country about the local law, bank loan, exchange rate, etc etc.
Recently, there is more promotion here on Australian and U.K. properties because of more Malaysian migrating, sending their kids studying there and for investment. The Australian and U.K. gov realize that the Asian ppl are the richest at this moment, so they just follow the wind and came to Asia (including Malaysia) to promote their properties.
For those who are planning to sent their children to Australia or U.K. in future, please do buy now(still consider cheap/reasonable).
1) Imagine, before your children studying over there, you can earn 6%-8% ROI.
2) When they are studying there, you have less headache finding a place for them (it is not as easy as finding a place like Malaysia) and save rental cost.
3) And when they graduated and have no plan to stay there, you can sell and earn back(sometime more) what you are paying for their education and of course your capital.
At this moment you are
only allow to sell your property back to
Australian.
Will update more U.K. properties next time.
