Tanglou|Tai Hang|Go to the sixth floor to see the environment, open the layout|Tang Sixth Floor|Valuation criteria don’t care about the age of the building|Mortgage application is the same as a private building? |Alternative investment|Buy or not? |Properties are up to you|Easy Fat Property Inspection Group
The Easy Fat Property Inspection Group has released a video discussing the potential of tenement buildings as a real estate investment opportunity. While tenement buildings are typically square, practical and less expensive than private buildings in the same district, it can be difficult to get a preliminary property valuation through online banking services. Prospective buyers may need to investigate by calling the bank or hiring a surveyor firm. Valuation criteria, such as building age, location, area and recent transactions, are similar to those of other properties. Factors like quality, maintenance, subdivided flats and joint construction can affect mortgage applications. The government and developers have been acquiring old buildings for reconstruction to increase housing supply and improve the appearance of old districts. It is worth noting that not all tenement buildings have acquisition potential, despite being in redevelopment areas. Easy Fat encourages those interested in real estate investment to reach out for more information.
[Easy Fat Property Inspection Group 🏠 You can view real estate for you]Tanglou | |Alternative investment|Buy or not? |Real estates for you to view|Easy Fat property viewing group For some people, tenement houses are quite attractive. From the user’s point of view, tenement buildings are generally square and practical, and the price is lower than that of private buildings in the same district; from the investor’s point of view, there is an investment opportunity to be acquired and rebuilt by the government and developers. Kowloon West, Kowloon Central, Hong Kong Island West and Hong Kong Island East have the largest number of tenement houses. This episode uses Tai Hang Tenement House as an example. Different from general second-hand listings, it is difficult for tenement buildings to refer to the preliminary property valuation through online banking valuation services. Prospective buyers need to call the bank to inquire, or entrust a surveyor firm to conduct a valuation. However, the valuation criteria are roughly the same as those of other properties, such as the property’s own location, area, building age and recent transactions, etc., and its reconstruction value will also be considered. As for the mortgage application, the ratio is the same as that of ordinary private housing, but you should pay attention to whether there are maintenance orders, joint construction, subdivided flats, etc. that affect the quality of the property, and it will be more difficult to obtain a mortgage. In recent years, in order to increase housing supply and improve the appearance of old districts, the government and developers have actively acquired old buildings for reconstruction. Like a big pit, many individual buildings have been completed in recent years, such as Shangluan, Xinghua, Junju, etc. Last month, the tenement complex at No. 17 to 25 Xincun Street was also auctioned by Henderson Land through forced auctions. There are many areas with redevelopment value, but even in the same area, it does not mean that every tenement building has acquisition potential. If you have any real estate and want to know more, remember to leave a message to let us know 📢! ![Remember to help like👍Our Facebook and subscribe to the 🛎YouTube channel, and set the 28Hse page as “First Look/See First🧐”]📍Facebook: 📸Instagram: 📱Twitter: 🎞YouTube: #唐楼#大Hang#唐六楼#拉粉街#开创#Layout#Landscape#Old Building#Old District#Reconstruction#免费建筑#维护令#火火系统#劏室#Value#强拍#恒地#新村街#单屋Building#私楼#购买#楼奏#购价成数#支持年期#极元极元#货亮#评价#星之谷购买运输#JLL#Hong Kong#Real Estate#Secondhand#易发见楼团#Real estate is yours Watching 00:00 Opening 00:56 Tenement Introduction 01:31 Introduction of Dakeng Tenement Listing 06:44 Tenement Valuation 08:18 Tenement Mortgage Application 12:46 Tenement Acquisition Potential 14:34 Summary