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


To: Rolla Coasta who wrote (41254)10/13/2008 7:21:04 AM
From: TobagoJack  Read Replies (2) | Respond to of 220449
 
hello mc, am now on way by car from nanjing to overnight wuxi, to interview solar boss tomorrow am, before exiting via shanghai tomorrow night for hk.

the latest - apartments @ bel-air (western hk), originally mass-mkt residences dressed up as pseudo luxury homes, went for 12-13k hkd psf, is now transacting for 9k psf.

got cellular call from broker today, early appearance in hk of desperate seller, wishing to unload g/f ex-industrial re-development property with ocean frontage at 1/3 off from peak price, but yields only 4.5% locked in for 3 years.

i will wait for 70% off, before bargaining.

i am wondering when prc govt will start bailing economy.