(Hong Kong)—The recent downturn in Hong Kong’s real estate market represents an excellent opportunity to renovate, according to Chris Dillon, author of "Landed:
“Many of the designers and contractors who were working seven-day weeks just a few months ago are now looking for new projects. Their lighter workloads means you have more room to negotiate, and architects and craftsmen have more time to devote to your project,” notes Mr. Dillon, who completed two full-scale renovations during previous downturns. “And with the renewed strength of the US dollar, many imported building products—especially those priced in euros and pounds—are less expensive than they were earlier in the year.”
To help expats who are renovating, the Landed Website now features an English-to-Cantonese glossary (http://landed.hk/?
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“By purchasing materials, hiring local construction workers and renovating now, you’re also helping Hong Kong's economic recovery,” added Mr. Dillon. “It’s one of those rare opportunities to help yourself and the community at the same time.”
About the Book and Audiobook
"Landed: The expatriate’s guide to buying and renovating property in Hong Kong" helps buyers work more effectively with real estate agents, lenders, solicitors and builders. Landed explains how properties are bought and sold and introduces the players and the parts of the buying process that are unique to Hong Kong. It profiles the neighborhoods that are popular with expatriates, and outlines alternatives to investing in residential property. And it looks at how to renovate your new property, using case studies with budgets and lessons learned. The print edition concludes with a list of resources covering everything from architects to utilities.
Both the print (ISBN 978-988–17147-
