IP Global – Real Estate Advice from Tim Murphy
Supported by over 11 years experience, Tim Murphy, Managing Director of IP Global Property Investment discusses the 3 keys areas to success in real estate in Hong Kong in this 5th video in the series.
1. Rent or buy when you move to Hong Kong – Initially, I would rent when moving to Hong Kong, this market is very dynamic and offers a diverse range of residential and office space options. Get to know the areas and look at what is financially better based on space and location.
2. Research, research, research – To run a business in Hong Kong you need to research before you dive in, the region is very diverse and each market is very different. Make sure you understand the requirements of your consumers and your own needs. Analyse the legal requirements and do your home work. The people in Hong Kong are extremely accommodating and can offer you advice – you simply have to ask.
3. Where should you rent your office space – Hong Kong is a densely populated area with a variety of options when it comes to office space. The central infrastructure is great and allows you to move between suburbs with ease. When considering a location take into account the public transport facilities and restaurants located near to your potential space
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