Dear PropGO Member,

Yes, it is a good a idea to buy properties that have low values under $2 million (especially for investment).  You will be able to rent them out easier and be less dependent on economic situations.  You will also have very good upside potential when the economy turns around.  Now is a very good time to shop around and buy.

Our Wanchai Property Expert Agency is Pennisula Properties - call and ask for Narelle Pamuk: She is very experienced

Pennisula Properties Phone Number:  2861.2699

You can see their listings at:  http://peninsulahk.propgo.com

Best Regards,

PropGO Expert

dear expert,

is it a good idea to buy a less than HKD 2m property in wan chai with 2 bed rooms? understand that most properties are old there. are those old properties safer when the prices of properties collaps? thanks

Miao