Buy Low Sell High - The Best Time to Buy Property in Hong Kong

In recent years, the real estate market in Hong Kong experienced depression even though for a short period.
 
HONG KONG - June 27, 2014 - PRLog -- The government introduced "cooling measures" to prevent speculation among property sellers and buyers. Consequently, permanent residents willing to buy a second home are compelled to pay a higher stamp duty. It is true that at present, real estate prices have remained constant, but they may rise in the future.

Investors would benefit by buying property in the down market, when the prices have remained constant. Reliable banking system of the country allows investors to take informed decision concerning their investment. The property prices did not fall in this region because landlords showed the capacity to stay invested in the long term. In this situation, real estate prices are not likely to fall. The down market allows investors to negotiate with landlords to some extent, and they may not obtain this opportunity in the future. On the other hand, in the bull market, investors cannot negotiate with sellers.

Various factors are likely to drive the real estate market in the country. First, there are large numbers of potential buyers who need a house to live. Second, permanent and non permanent residents are also likely to invest in the real estate market. Positive signal from global financial markets is likely to enhance demand for residential and commercial assets in the country. Enhanced income is likely to contribute to enhanced house prices. It would be impractical to buy property when the prices are high.

The government is not likely to continue its anti-investor policy. Any change in the government policy can result in enhanced demand for houses in the region, and this would lead to enhanced prices of the asset class including the real estate. Enhanced investor confidence in the market can lead to demand for real estate assets in Hong Kong.

Investors who follow wait-and-watch strategy may suffer losses, as they may be compelled to buy assets at a higher price, thereby reducing their profits. By following the strategy of buy low and sell high, investors are able to not only recover stamp duty but also earn considerable profits on their initial investments. On the other hand, those who fail to invest when the prices are low are likely to repent in the future. Investors need to give time for their investment to grow. Long term investors are likely to benefit even in the market where real estate prices have remained constant for a considerable period of time. Investors can reap rich dividends by investing in real estate market at the current price. Even if they do not stay in apartments, they can earn considerable rental income. Investors need to note that in the past they earned huge profit by investing in assets at a comparatively lower price. This trend is likely to continue in Hong Kong.

About Qi-Homes

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Qi-Homes, a very well known name in the real estate market in Hong Kong offering comprehensive range of personalized property services to meet the buying, selling, renovation, consultation, relocation, and rental needs of individuals.

For More information or to Learn All about Qi-Homes, please go to http://www.qi-homes.com

Contact Address:
712 Yip Fung Building, 2 D’Aguilar Street, Hong Kong
Fax +852 2858 1407
City - Hong kong
Zip or Postal Code – 0000

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QI-HOMES PROPERTY CONSULTANTS LIMITED
***@qi-homes.com
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