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  • Profile photo of Riky HidajatRiky Hidajat
    Participant
    @ricksyd
    Join Date: 2014
    Post Count: 6

    Riky, I would love to see a post on your thoughts about HK/Indo/CN. I live in Shanghai half the year, Australia the rest. Watching HK on the news a lot. I actually really like the Chinese Government. Not necessarily everything they do however they do a lot of things with more regard to long term, and greater population, then the Australian Governments focus on.. What we see on our news is often so biased.

    Hi Adrian, the Chinese government was doing a lot in transforming a once farming country into an industrial one. You can imagine how much works have to be created to accommodate the migrating work force. Some country-owned enterprises even losing billions of dollar every year, still they are producing products at a loss. Why? Because the government wants stability. People tends to be at peace when they have regular income. The Chinese government will do anything to keep such stability. Of course in return, the officials get their own unseen benefits with the on-going developments and projects.

    The situation is quite different with Hong Kong, where the majority there have already stable income. Like most of the developed countries, people there wants democracy. On the other side, Hong Kong is a hub for people and organizations who are against the Chinese government. So things got complicated by having mixed motives behind the demonstrations such as people wanting democracy and opposing forces wanting to achieve their goals. There is simply no trust between Hong Kong people and the Chinese government.

    Hong Kong is going downhill due to narrow economic leadership. The whole society is driven by real estate, finance, forwarding and tourism. Real estate there is a growing bubble. Finance industries will still be strong but slowly replaced by Shanghai. Forwarding will be slowly replaced by cheaper alternatives in nearby cities like Shenzhen and Guangzhou. Just finance and tourism alone cannot lead the whole economy of Hong Kong.

    I’ve been to Shanghai for about a week. I can sense the proud the citizen is having towards themselves. The problem is not they having such an attitude, it is the attitude they have towards non-Shanghainese. Do you feel that? What do you you think about that?

    Riky Hidajat | Xinifangzi.com - Sydney Off The Plan Property
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    Sydney off the plan property consultant

    Profile photo of Riky HidajatRiky Hidajat
    Participant
    @ricksyd
    Join Date: 2014
    Post Count: 6

    Hi there, why do you think bali properties will contrinue to rise?

    IS there a current terrorist threat in Bali? As i’m heading there for a wedding next week.

    Why a V curve?

    Cheers, Ivan

    Hi Ivan,

    It is because more and more foreign investors are buying properties in Bali using foreign currency.
    Since Rupiah is under pressure, the property prices there are relatively cheaper than other places.
    However, as far as I know, to buy a land, you need local people to do so. So foreign investor partner with a local people, or married with one local and then buy land through that local individual.

    As regarding terrorism, the Indonesian government is fighting hard against it.
    Bali, in my personal opinion, is one of the easiest target due to it’s tourism activities for easy camouflaging and Balinese’s kindness and mutual trust attitude towards one another. (Due to Hindunese background.)

    But please don’t worry about it. Just enjoy your wedding and honeymoon there!
    It’s really a nice and memorable place.
    You’ll enjoy the church, the seaside and companionship of your friends and relatives.

    What I mean with V curve is, people are panic want to sell the property, so the price drops quickly. But when things stabilize, people rush in to buy properties and push the price steeply higher, creating the ‘V’ shape.

    BTW, Congratulations on you wedding! It’s a new chapter in your book of life, both of you can write together now.

    Riky

    Riky Hidajat | Xinifangzi.com - Sydney Off The Plan Property
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    Sydney off the plan property consultant

    Profile photo of Riky HidajatRiky Hidajat
    Participant
    @ricksyd
    Join Date: 2014
    Post Count: 6

    I used to setting up a bank account with Wachovia via online application by myself without virtually any setup cost about 5 years ago. I registered a US Delaware corp company and made an online inquire through the bank. Someone followed up on me and I was able to manage by account through online banking. When I searched through internet, Wachovia has been bought up by Wells Fargo. So I don’t know whether Wells Fargo able to do it or not.

    Riky Hidajat | Xinifangzi.com - Sydney Off The Plan Property
    http://www.xinifangzi.com
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    Sydney off the plan property consultant

    Profile photo of Riky HidajatRiky Hidajat
    Participant
    @ricksyd
    Join Date: 2014
    Post Count: 6

    In the long run, properties in Bali will continue to rise.
    The only concern is terrorists might use Bali to launch their attacks to foreigners.
    If that’s the case, it will be a sharp V curve, price drops quickly and rise quickly again.
    If you are interested in buying land in Indonesia, you can PM me for details.

    Riky Hidajat | Xinifangzi.com - Sydney Off The Plan Property
    http://www.xinifangzi.com
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    Sydney off the plan property consultant

    Profile photo of Riky HidajatRiky Hidajat
    Participant
    @ricksyd
    Join Date: 2014
    Post Count: 6

    I used to use their service. They are satisfactory. Hope this helps.
    http://www.usa2me.com/

    Riky Hidajat | Xinifangzi.com - Sydney Off The Plan Property
    http://www.xinifangzi.com
    Email Me | Phone Me

    Sydney off the plan property consultant

    Profile photo of Riky HidajatRiky Hidajat
    Participant
    @ricksyd
    Join Date: 2014
    Post Count: 6

    Hi Stevie, I lived in Hong Kong for the past 27 years and bought some properties before. You might consider buying properties in Taikoo Shing. The rent and tenant quality is always better in that area. Or if it is too expensive, a cheaper alternative will be in Quarry Bay. The area has become a commercial area with grade A office building such as Island One. Nan Fung Sun Chuen is a old, but great complex for renting out. Don’t go for the northern part of the city. The growth might not be that fast.

    Riky Hidajat | Xinifangzi.com - Sydney Off The Plan Property
    http://www.xinifangzi.com
    Email Me | Phone Me

    Sydney off the plan property consultant

Viewing 6 posts - 1 through 6 (of 6 total)