Showing posts from August, 2014

What will Hong Kong Property Prices do in 2015?

Well, if we could accurately predict the future we of course would all be retired millionaires by now. But I think a very basic question Hong Kong property investors have to be asking themselves is what is the outlook for Hong Kong property prices in 2015. 
On the one hand we have strong demand for property, and very low interest rates. On the other hand we have cooling measures in place, the possibility of interest rates rising, and among other things, political unrest in Hong Kong due to the Occupy Central movement, and the desire of many Hong Kong citizens for true democracy.
If I had to make a guess I would think that overall, prices will keep rising in 2015 in Hong Kong. I can't see interest rates rising at all until late 2015, and even then they will rise only very very slightly, if at all. Property cooling measures are very unlikely to be increased, and they are more and more being "priced in" which means that eventually, when they are removed, the removal of proper…

New Park Island Bus Schedule - proposed connection from Park Island to Mongkok

There is currently a proposal for a new bus connection to Mongkok being considered.

If you support this proposal, please do attend the meeting on 19th August 2014. If you are unable to make it please express your support by sending an email or fax, noting your apartment address.

CLP Hong Kong pushing for Ma Wan to have an electric car charging station?

I heard an interesting item of news this week, being that CLP is considering building an electric car station on Ma Wan. Apparently a bunch of Government-type folks with notepads, maps, cameras etc were on the Ma Wan recently considering a site.
If anyone has any more details on this please post it here or let me know. I know residents of Park Island have proposed electric cars for Park Island as an option from time to time (and personally I would support this).
I wrote to the Transport Department asking for any information, and got little more than a "The case is currently under study, and will reply to you as soon as possible" response.