What do you think about investing in a luxurious home in Hong Kong?

Question

Im thinking of investing overseas and Hong Kong sounds like a pretty good place to invest in

Answer 1

do you live in Hong Kong?  if no then no.  How will you check on the property.  even if you rent it you have to go look at it every once in awhile.  good luck

Answer 2

What would you do with it, rent it out?  Do you go there often?  Who would maintain the home and pay the bills?

Unless you are there half the time, I'd suggest you find an international managed fund and invest in something less specific.

Answer 3

I was in Beijing, Shanghai and many other cities in China in May.  It is sooooo impressive!  I would be careful as the housing scenario in the USA is contaminating other countries due to sub prime securitization owned by other countries.  To the extent Hong Kong is exposed I would not want to buy and then have the valuation go down.  Do your homework.  Best wishes.

Answer 4

Well, i do think there is a booming market in Hong Kong today. Visit http://www.iluxuryasia.com to get the best and latest deals on luxury homes today. Use the resources and search features to get your desired investment property easily. Cheers~

Answer 5

Go ahead and good wishes. However, before entering into the venture, think twice and ensure  that all the records are intact.