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PostPosted: Thu Feb 18, 2016 3:51 pm 
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Joined: Thu Sep 05, 2002 7:06 pm
Posts: 5046
Location: Tai Peng
There is a fallen down old village house next door. Obviously been like that for 20 years or more.

Today some government surveyors were there and they said it would be "redeveloped".

Not really happy to hear that, having a construction site 2 feet away from my desk isn't going to be pleasant.

Anyone know how long before they might start work?
Since it was already a house, I assume there is no change of land use so that wont be an obstacle.

PostPosted: Fri Feb 19, 2016 10:50 am 
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Joined: Fri Aug 02, 2002 1:22 pm
Posts: 10009
Location: Pak Kok Village
It could take many years, completely up to the owners, not the Govt. departments.

There's a construction site, new village house, just a few feet away from my home office and kitchen windows, the workers able to look into our place for up to 6 days a week.

Second time this has happened to us in the last few years. Not much inconvenience and not much noise and it's quite interesting to see the details of the construction up so close. The speed of building a single new house seems to have slowed from a few months to several years, due to lack of qualified workers who seem to work a few days each time in several different locations.

This is #4 of 10 village houses being built within a few dozen metres of our home in the last 2 and the next few years. While up to half the flats/houses around here are empty and have been empty for years, including newly built houses.

It can take a long time to get the occupation licenses and find tenants to pay the still-increasing rents. Many landlords seem to be willing to wait up to years to find tenants willing to pay their wanted rents, vastly over HK-wide market price, not just in Pak Kok, but also in the Greater YSW Area.

Just look at the former Spicy Island/Mr. Kebab building on its prime spot on YSW Main Street. Each time I hear the asked-for rent it's been increased since the last time, currently over HK$50K? Almost no new business in YSW could survive such a rent, so it's been finished and empty for several years. But the landlord is so rich already, doesn't seem to care or hurry at all to find a tenant for his prime, newly-built property?

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PostPosted: Sun Feb 21, 2016 6:00 am 

Joined: Fri Oct 05, 2012 12:39 pm
Posts: 35
Location: Lamma
Lamma _ Gung,

I have only seen two properties advertised on Chinese websites that have been available in Pak Kok, both rents being asked had seemed to drop from the peak, although one of the new flats you mention the owners want 12k, they won't get just based on the location - although if 9K I'd have made enquiries myself. Anyhow, I'm now being kicked out of my YSW flat after 81/2 years and nothing much seems up for rent privately, and what few places are advertised in the property agents seem way over priced given HK prices are now declining. However, move I must with the next 10 weeks, but having lived in Pak Kok previously, if viable if not too far from the ferry pier. As such, do you know of anything being offered for under 10K that's suitable for two adults and one child you side of the Island?

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