Honestly, no one knows exactly what kind of impact C.Y. will bring for the properties market.  One always has to play defensive side as well.  There's nothing wrong to say so.  But for small self-owned properties, I don't see a big reason to make any change or move unless the adjustment is over 20%. 

Unless you are not staying in H.K. for good, a PAID-OFF apartment should be your ultimate goal(upgrade, 2 bedrooms>3 bedrooms, N.T. >Islandside), you talk later when you have the $$.  And of course, one's real financial picture, cash flow(any apartments rent out, your job stability, savings, or do u keep a lazy wife at home not working?)all contribute to whether you can still hold the apartment.

I'm thinking as a buyer & seller, we have already six, have to pay attention abit, but since we have strong saving & investing ability(in simple words:we make like Top3% in H.K. but live like lower class!) it seems like apart from apartment appreciation we are also fine.  Actually we expect a major dump in 3 yrs time & by that time want to buy some more on islandside........

Let's see!

楊兄FB這樣說 : 自由行消費力減弱 本地零售業亮紅燈

自由行持續增長，不過近年人次及人均消費升勢均明顯放緩。今年1月人次為215.4萬，按年仍有24.5%增長，惟傳統消費檔期的五一黃金周按年增長已降至22%，162.5萬人次更較4月份的170.2萬人次下跌4%。此外，人均消費增長亦減慢，其中夜訪客增長由2007年的19.2%跌至個位數增長（見表）。

現成服裝一直是過夜內地客最愛，不過創立G2000的新民黨副主席田北辰稱，已感到自由行去年底強勁聲勢今年急轉弱。他指出上班族成衣一般不受經濟周期...影響，其品牌三成多客源為自由行，近3個月銷量增幅放慢的速度驚人，3月仍較去年同期增長逾50%，4月為40%，5月只有20%。同期自由行比例跌至兩成多，本月首周亦未見樂觀。

奢侈品也同受影響，太子珠寶鐘表行政總裁朱繼陶稱，每年五一生意均增長三四成，今年卻首度下跌兩成。以往受內地豪客歡迎，數十萬元的名表銷量更大跌一半，反映消費趨謹慎，大豪客買百萬元以上的名表，「今年只有三數個」。

Per CY, he would propose to build the public estates in the old urban areas.  He said in the TVB news interview that he would even consider to build single storey of public estates in these old urban areas.

It is the time to pay close attention to his house policy, especially he said to control free entrance to HK by more PRC tourists

How to acquire those lands in the old urban areas??  purchases from private owners??  Do you think the private owners in these old urban areas will lower the selling prices to the govt for building urban / single-storey public estates???

  香港樓市近20年係炒家樂園   人人玩緊傳火棒遲早燒死哂    無哂工業   無生產  無創意 近來氣氛好似回到97  而且樓價已超越