Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
Most properties in Singapore and HK are 99-50 years leasehold with Freehold properties in a much different price point. Do check on the balance tenure. If investing for rental, prime location near subway stations, either country could be good yield considering the current demands, otherwise go for freehold if for personal retirement . The way I see it, Singapore housing property policy provides a clearer forward looking scenario vs HK(China)..getting your investment back out may be a different story .
Most properties in Singapore and HK are 99-50 years leasehold with Freehold properties in a much different price point. Do check on the balance tenure. If investing for rental, prime location near subway stations, either country could be good yield considering the current demands, otherwise go for freehold if for personal retirement . The way I see it, Singapore housing property policy provides a clearer forward looking scenario vs HK(China)..getting your investment back out may be a different story .
Leasehold...sounds like the same agreement that many Honolulu properties have.
What are a few things that make Singapore's property policy better than Hong Kong?
Also, while I certainly wouldn't want anything in China with the Chinese government...does HK have a completely separate system? Or is there anxiety about that system changing as well?
Leasehold...sounds like the same agreement that many Honolulu properties have.
What are a few things that make Singapore's property policy better than Hong Kong?
Also, while I certainly wouldn't want anything in China with the Chinese government...does HK have a completely separate system? Or is there anxiety about that system changing as well?
It does have a separate system, but the guarantee of a separate system is for 50 years after the handover (which happened in 1997 which means 2047). By that time you should be dead. Maybe.
Of course, maybe not much will change and the system will still be in place or China will have vastly changed its own policies. Then again, China might just abrogate its own guarantee before then, so it's a bit of a crapshoot no matter how you look at it.
It does have a separate system, but the guarantee of a separate system is for 50 years after the handover (which happened in 1997 which means 2047). By that time you should be dead. Maybe.
Of course, maybe not much will change and the system will still be in place or China will have vastly changed its own policies. Then again, China might just abrogate its own guarantee before then, so it's a bit of a crapshoot no matter how you look at it.
Yeah, that's one risk I certainly wouldn't want to take. I suppose Macau has the exact same system but 2046 instead? (I think it was 1996 when they went over).
Looks like Singapore is definitely the better one to look into.
I also read somewhere that English language communication ability has plummeted in Hong Kong as well...speaking of which, I've also heard that China seems to be intent on syphoning much of HK's former economic strength and having Shanghai be 'that' city of the future.
That being said, HK really IS a very nice city...beautiful one too. But, looks like the future within our lifetimes is way too uncertain in particular for potential investment of that nature.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
