Showing posts with the label Centerdata

Latest property data from Centadata

Seems prices on our island hit a record high last week, now just a touch short off 6000psf. A few comments to consider when interpreting the data, and deciding whether to buy or sell: 1 - Will prices hold up during a new financial crisis coming from Europe? 2 - Park Island prices migh be up, how how about rentals? If rentals are not also rising then yields are dropping (unless interest rates have dropped, which they cannot really do as they are already all time lows). 3 - How about transaction volumes? If prices are up, but in the context of transaction volume being very low, what does this mean. 4 - Are prices on Park Island basically mirroring HK property prices trends, or is Park Island over (or under) performing HK generally.