PPRuNe Forums - View Single Post - Boat in HK good idea and where?
View Single Post
Old 1st Mar 2017, 07:08
  #6 (permalink)  
Ex Cathedra
 
Join Date: Feb 2009
Location: Lion rock bottom
Posts: 174
Likes: 0
Received 0 Likes on 0 Posts
Rumor has it that the GC marina is the one that might get the landfill treatment...

Risky option in any case. HK developers would rather fill out all the marinas and build towers and shopping malls instead... more profits.

The day they evict you from the marina, they'll give you the debenture's face value, which is about 5 times less than what you paid for it, and your boat becomes instantly worthless without a mooring.

Tread carefully.
Ex Cathedra is offline