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主题: 陸家嘴竹園地塊李嘉誠奪標(zt)

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陸家嘴竹園地塊李嘉誠奪標(zt)

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70 year ownership is for new Apt, IF it is second hand property, then you can only have remaining years of ownership, right? -- Who - (0 Byte) 2005-11-22 周二, 05:52 (374 reads)

ceo/cfo
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加入时间: 2004/11/05
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标题: Yes, if the used apt. bought was delivered (416 reads) 时间: 2005-11-22 周二, 05:58

in 2000, then you have 65 years left. I am wondering why we have to worry about that! Can you and I live that long? I am not sure about you, but I surely cannot. Laughing

I even don't worry about passing my apts down to my next generation because I am fully confident that my son will do better than me.

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陸家嘴竹園地塊李嘉誠奪標(zt) -- ceo/cfo - (870 Byte) 2005-11-22 周二, 02:56 (1501 reads)

Is 陸家嘴 a most expensive area in Shanghai? -- Who - (0 Byte) 2005-11-22 周二, 05:30 (384 reads)

Yes I believe so, because there is no any large piece of land available -- ceo/cfo - (337 Byte) 2005-11-22 周二, 05:45 (404 reads)

70 year ownership is for new Apt, IF it is second hand property, then you can only have remaining years of ownership, right? -- Who - (0 Byte) 2005-11-22 周二, 05:52 (374 reads)

Yes, if the used apt. bought was delivered -- ceo/cfo - (305 Byte) 2005-11-22 周二, 05:58 (416 reads)

It is about value of the APT, if the life time of the property is only 70 years, then we need to depreciate 1/70 of the cost each year, right? -- Who - (66 Byte) 2005-11-22 周二, 06:01 (399 reads)

Let me give you one example on 丁香花园 on Hua San Road in Shanghai. -- ceo/cfo - (142 Byte) 2005-11-22 周二, 06:17 (451 reads)

Agree Agree by 100%!!. -- Who - (0 Byte) 2005-11-22 周二, 06:23 (343 reads)

However, 70 year rule does not apply to 丁香花园. -- Who - (92 Byte) 2005-11-22 周二, 06:26 (398 reads)

Like I said before when more and more people in China become homeowners, -- ceo/cfo - (431 Byte) 2005-11-22 周二, 06:49 (382 reads)

I will buy it first, and just enjoy it for 5 years. -- Who - (81 Byte) 2005-11-22 周二, 06:53 (293 reads)

Unless the market price of the apt. is up every year, at least -- ceo/cfo - (173 Byte) 2005-11-22 周二, 06:07 (367 reads)

Nope, not in CA. can it be a bargaining point when you buy property in China? -- Who - (0 Byte) 2005-11-22 周二, 06:13 (347 reads)

Yes or no, all depend on the locations. -- ceo/cfo - (76 Byte) 2005-11-22 周二, 06:23 (339 reads)

However, you are right. we should not worry about someting like that. -- Who - (0 Byte) 2005-11-22 周二, 06:02 (337 reads)

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