SG Investor Hub Blog

Public Or Private Housing In Hong Kong: What Type Of Property Should You Buy?

Buying a property in Hong Kong is an exciting yet a very expensive experience. This is why you need to be very careful about how you will go about it. One of the decisions that you have to make is what type of property you will buy. The price that you have to pay for a property in Hong Kong depends on various factors. The location will certainly come into play. With more than seven million people squeezing in a 427-sqm land, it can become quite pricey. Not only that, your income will determine how much you can afford to borrow – thus setting the price range of the house you can buy. An important consideration when you are buying a house in Hong Kong is the type of property you will buy. In this region, you have two options: public housing and private housing. According to the Gov.hk website, housing demand in Hong Kong is quite great. The government targets to supply 480,000 units between 2015 and 2025. This is split to 290,000 for public housing and 190,000 for private housing. Although there are many units available, you need to make a smart decision about what type of property

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Losing your job due to retrenchment

Losing your job due to company down-sizing can be both dramatizing and depressing. Indeed, with the rise of machine-learning and artificial intelligence, thousands of jobs are being made redundant on a daily basis. What this means is that many skills are becoming obsolete. However, the topic of retrenchment is seldom discussed in Singapore because of […]

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