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Drop in Lamma property prices
http://lamma.com.hk/forum-OK/viewtopic.php?f=17&t=10823
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Author:  spf50 [ Fri Feb 22, 2013 1:17 pm ]
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Marcus I don't live on Lamma anymore. No parking for my BMW.

Author:  Encre de Chine [ Tue Mar 05, 2013 5:05 pm ]
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This is really insulting mate ! If you really think Hong Kong is a shit hole, it's time for you to travel the world a little so you can realize how privileged you are to be here... Have you ever traveled far enough from your mother's kitchen to tell the difference between, say ,16 different countries in 20 years ? I have, and this is why I have chosen to drop my bags here and stay, by choice. But I guess if a BMW is all you can afford, you may not have enough to travel too much...
If you don't like it, if you're not happy here, why don't you go back to where you came from ?

Author:  shapogung [ Sun Mar 10, 2013 12:29 pm ]
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EDC - You probably don't mean to use the intolerant "go back to where you came from" epithet in the way it comes across. Everyone is entitled to an opinion and they do not need to conform to someone else's way of thinking if they don't want to. Anyway, he's only winding you up.

Author:  PNWxplant [ Sun Mar 10, 2013 1:17 pm ]
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spf50 wrote:
Lamma is cheap and has a good bar scene.


Lamma, is cheaper, quieter, cleaner (pollution wise) and (generally) more friendly than any where else I have been in HK. We don't do the bar scene here. Our drinks are either at home or some extras with dinner at milanos or somewhere.

Why am I not surprised that you rate the bar scene second on your list? I'm curious how old you are?

Author:  shapogung [ Tue Mar 12, 2013 10:48 am ]
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Ive lived in a climate similar to the High Sierras and you can't beat it for fresh air, vibrant colors and feeling of space. You do get bored after a while with the pinball machine at the local gas station which forms the only entertainment for a hundred miles. So like many in Lamma, I have compromised. I enjoy occasional days of vibrant color, I can get that feeling of space if I hike to Tung O and its only 30 minutes to the city via a pleasant ferry ride. The rickety streets provide character against a backdrop of concrete and steel that is Central. I accept the downside of environmental degradation driven by greed, in the hope that as villagers get richer, even they will realise the importance of sustainable practices. As for the weekend hordes, they are reasonably well behaved but there are just too many of them. Thats OK though, because I have my own space to retreat to.

Author:  Tigger [ Tue Mar 12, 2013 10:44 pm ]
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shapogung wrote:
So like many in Lamma, I have compromised. I enjoy occasional days of vibrant color, I can get that feeling of space if I hike to Tung O and its only 30 minutes to the city via a pleasant ferry ride. The rickety streets provide character against a backdrop of concrete and steel that is Central. I accept the downside of environmental degradation driven by greed, in the hope that as villagers get richer, even they will realise the importance of sustainable practices. As for the weekend hordes, they are reasonably well behaved but there are just too many of them. Thats OK though, because I have my own space to retreat to.


Well said. I agree. Also I have a dog to drag me out early in the mornings, and then Lamma is really lovely. It is peaceful and pretty.
:-)

Author:  lammanaut [ Sun Nov 03, 2013 11:37 am ]
Post subject:  Re: Drop in Lamma property prices

My landlord is going to nearly double my rent.

Bad enough tourism has become so big on Lamma that I fear for my inner peace. Sometimes there is very little difference between living in Mong Kok and living on Lamma. Even the rents become comparable.

I think this topic should be sealed and sunk into the Chinese Sea. Unless the Japanese come back, there won't be any significant drop in property prices.

Author:  Tigger [ Sun Nov 03, 2013 3:41 pm ]
Post subject:  Re: Drop in Lamma property prices

lammanaut wrote:
I think this topic should be sealed and sunk into the Chinese Sea. Unless the Japanese come back, there won't be any significant drop in property prices.


Wasn't sure whether to roll my eyes or laugh out loud.

Or whether you are just a 'wind up merchant' LOL

May I ask how long you have actually lived on Lamma? You only seem to have joined this forum a week ago.

Seriously, this a very relevant topic for Lamma residents, and will remain so, for those of us that wish to make this our home. This is a 'Lamma related' forum and rents.

Should this topic be 'sealed and sunk'. No IMHO. it's helpful for many to share.

Sorry to hear your landlord has increased the rent by 100%. It has happened to many of us, that is why we enjoy this forum to share.

As for your landlord.... 100% increase is sad. Reasons? He could sit with an empty flat, and hope someone will pay an inflated price (and some will)... or he will reduce the rent in a couple of months? Or he just plain wants you 'out'. Who knows.

But the rents are coming down. it should be more, but at least it's a start.

Author:  DaveR [ Sun Nov 03, 2013 5:50 pm ]
Post subject:  Re: Drop in Lamma property prices

lammanaut wrote:
the Chinese Sea


lammanaut wrote:
Unless the Japanese come back

Author:  lammanaut [ Mon Nov 04, 2013 8:22 pm ]
Post subject:  Re: Drop in Lamma property prices

Tigger wrote:
May I ask how long you have actually lived on Lamma? You only seem to have joined this forum a week ago.

Seriously, this a very relevant topic for Lamma residents, and will remain so, for those of us that wish to make this our home. This is a 'Lamma related' forum and rents.


This forum is not Lamma. I've been living on Lamma for about 6 years without getting off the island much. Have also been posting in this forum for years, under a different account which I have forgotten, hence the new one.

Since I live here, rents have gone up around my place and never dropped. I was the only exception in Greater China as my rent remained stable for all those years. It is now that my landlord decided to make up for the losses. Which I should not complain about. But dropping rents on Lamma - I never observed that and so I thought the topic can be closed and maybe replaced by another one called "skyrocketing prices on Lamma". We could still come there to whine and cry. Guess that's what you meant when you said "share". ;)

Author:  Bimberson [ Mon Nov 04, 2013 8:58 pm ]
Post subject:  Re: Drop in Lamma property prices

I discovered I had a rat on my roof the other day. I think it might have been a pregnant female as it seemed to be trying to make a nest. I bought a trap in the village - the kind that traps the live animal inside. When I had caught the offending rodent I wondered what to do with it: a) kill it b) eat it c) let it go. I decided on the last option, not wishing to take the life of an innocent part of the biosphere, but where? Aha, a cunning plan hatched in my brain - let it go right next to those super-expensive new flats down near Powerstation Beach. Under cover of darkness, I watched the little animal scurry away into the rubble still left from the construction.

Just doing my little bit to keep property prices and rents down.

Author:  Tigger [ Tue Nov 05, 2013 7:22 am ]
Post subject:  Re: Drop in Lamma property prices

Thanfully there are now a few flats to rent for under 10K. And some 2/Fl flats are going for 12k. These are snapped up pretty quickly though, as you can imagine. Still not great, but less asking prices that a few months ago.

There are always 'price hikes' with properties on HK and Lamma,... , and then the prices come down again. but this 'phase' has been going on SO LONG!!

As for the sales of the flats.. these are still ridiculous prices, even though they are not shifting. 3 years ago I moved from a 2/Fl, Sha Po Old flat, as my landlord put it on the market to sell for 1.8M. In the end he had to rent it, as it wouldn't sell as it was deemed too expensive. This was only three years ago. Now most are selling for over 3M.

Author:  littleblom [ Wed Sep 03, 2014 2:46 pm ]
Post subject:  Re: Drop in Lamma property prices

Almost a year on, property price is still going up. A couple of transactions of 2/F+roof were over $4M. Now 2 G/F flat at our village were asking for $4M too - that's really insane! :shock:

Author:  SSL956 [ Thu Sep 04, 2014 10:16 am ]
Post subject:  Re: Drop in Lamma property prices

Still better than paying 6 or 7 million for a 350sf ft walk up in Sheung Wan!

Author:  chynchen [ Sun Jul 05, 2015 9:26 pm ]
Post subject:  Re:

Encre de Chine wrote:
This is really insulting mate ! If you really think Hong Kong is a shit hole, it's time for you to travel the world a little so you can realize how privileged you are to be here... Have you ever traveled far enough from your mother's kitchen to tell the difference between, say ,16 different countries in 20 years ? I have, and this is why I have chosen to drop my bags here and stay, by choice. But I guess if a BMW is all you can afford, you may not have enough to travel too much...
If you don't like it, if you're not happy here, why don't you go back to where you came from ?
what I said below has nothing to do your starting comment unless you are offered a job, government-wise, with powerless governing and strong assertion of communism, Hong Kong does not seem to be a good place for living I do not dislike Lamma, as a citizen of the E.U., all the europe I have lived since birth happily I am now settled in Spain I left the UK simply I have been deeply disappointed by my government
by saying "I do not dislike Lamma", fairly speaking it is a perfect holiday paradise. some simply decided to stay for life

Author:  shapogung [ Sun May 07, 2017 11:16 am ]
Post subject:  Re: Drop in Lamma property prices

So then.

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