Ming Wei Real Estate Investments

Sat, 07/05/2008 - 12:27

Dear Subscriber,

Introduction

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The state of the Zhuhai Real Estate Market

This article in the Macau Daily Times gives some extra support to the argument that demand from Macau will drive prices in Zhuhai. The other aspect of the argument is that luxury apartments will give the best return. This certainly has been the story in Hong Kong, and throughout the world, as increased income inequality has driven up the price of positional goods such as property in exclusive locations.

Tourism from the USA and from Europe will also contribute to some demand, although this will me a small driver for some years. The apartments mentioned in the article are of a standard that will be appealing to first world visitors.

Even if the apartments specifically mentioned in this article are fully sold, I am confident that resale apartments there will be available and, certainly, apartments in comparable blocks are available. Please call for details.

The Hong Kong property market, particularly luxury apartments on HK Island, are in very short supply and are set to extremely well this year. Gold and China property remain top of the list of tips for investement for 2008.

Location(s)