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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (24298)10/18/2007 7:31:47 AM
From: KyrosL  Read Replies (1) | Respond to of 217591
 
Sounds considerably more expensive than typical US ocean view apartments. But the supply relative to the population is much smaller in HK.



To: TobagoJack who wrote (24298)10/18/2007 8:17:14 AM
From: Riskmgmt  Read Replies (1) | Respond to of 217591
 
USD 1,009 per gross sq ft
USD 1,096 per net sq ft
a bargain ;0)


Beats, what I looked at in Singapore when you consider the view. So about 700 sq ft for about $700,000 usd for a building what 20-25 years old? Not exactly cheap but given the demand/supply and declining usd you will probably do fine.

Rents must be quite high even in Stanley. BTW, they are building 2 condo towers near me 3 blocks from the Ocean.
sapphirecondos.com

They were advertising $400-$600 per sq ft pre-constuction.

Then there is a co-op with about a 55 year Land lease on the intra-coastal for about $260 per sq ft.

I know US isn't HK. but just a comparison.