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Invest in Hong Kong property now, say analysts, as coronavirus lockdown keeps foreign and mainland buyers away – before the post-pandemic market rebound.

Everyone who has ever rented a home knows that a lease agreement is a legally-binding contract. But what happens when the landlord-tenant relationship doesn’t work out for whatever reasons and the tenant needs to break the lease early and move on? As a landlord, how do you know when it makes sense to let a tenant break their lease? On the other side of the seesaw, as a tenant, in which circumstances is it justified to break your lease early without penalty and legal repercussions?

Southeast Asia is a region that has caught the eyes of foreigners over the years. Real estate in Southeast Asia is one of the fastest-growing property regions globally, especially for buyers looking to invest in a second “holiday” home that can be used for personal and investment gains. This has led to surging prices in much of the Southeast Asian real estate investment market. There are a few top hot spots in SouthEast Asia that can make perfect holiday escapes, retirement sanctuaries and/or for investors looking to flip and rent out said properties during certain seasons throughout the year. 

Whether you are looking forward to buying your dream home, or you are getting started in property investment in Hong Kong, you need to have a detailed plan on how you are going to become successful. You need to ensure that your investment promises to yield better returns in the long run. A sound investment plan is critical in ensuring that all activities related to the investment are handled with diligence and all your investment plans are successful.

An investment in the real estate industry requires huge funding. The large amount of money needed to make meaningful investment makes it difficult for the common people to venture into the business. It is also rare to deal with the same client multiple times unlike the case in most businesses. Therefore, as a realtor, you will need to constantly update your sources of new leads. To be at the top of the game, you will need to find clients and close deals. Additionally, since it is a high-end investment, you will need to find prospective clients who can afford the prices of the property that you are selling. It is not as simple as getting a realtor license and being successful. It takes a lot of time and effort. ...

In 1997, while Hong Kong was in celebratory moods because of its handover from China, a devastating property market crash hit the real estate industry. The real estate bubble was most likely triggered by the Asian financial crisis, although other economic imbalances had a role in the crash. The property bubble was so devastating to property investors because it triggered the fall of real estate property value by 60%-70% and it lasted for 6 years as the government struggled to fight deflation and its wrecked economy to correct the property crash ...

there are several stages required for a realtor to close a deal with a client. Through all these stages, the realtor must be professional, approachable and knowledgeable in guiding the client accordingly. Added to that, the level of experience of the realtor and one's hard work is needed for one to become successful. Yet, these are the attributes that millennials, particularly in Hong Kong lack.

The real estate market in Hong Kong is considered one of the most expensive property markets in the world. The market is considered mature with investments in the market realizing significant returns. In almost every town in Hong Kong, investment in the property market takes a very short period before yielding substantial equity.

While the average person may have expressed their interests and taken the necessary steps to invest in a dream home, many first-time homebuyers in Hong Kong are still struggling with the prospect of financing their dream home through mortgage loans. However, the sad situation is occasioned when a person is unable to meet the 30% down payment threshold set for mortgage financing because of the soaring prices of property in real estate and the increments of other expenses associated with homeownership such as taxes, government stamp duty, solicitor fees, agent commission etc ...