一個同樓價有關的故事..真人真事!

1. 全港約有一半人住響私人樓宇
2. 全球平均樓價係家庭年薪o既 3 - 6 倍
3. 住響私樓o既港人家庭入息中位數約每月 $23K

Means the "typical" cost of housing in HK, according to the figures above is : $23k x 13months payment x 6 (taking the upper limit) = 1.8m

Another way to estimate a "health" supply-demand housing market normally by the the banks is :
Monthly mortgage mayment <= Household income medium x 40%
i.e. 30k (for a couple, used by bank at the moment) x 40% = 12k

In current intrest rate 12k monthly mortgage payment equals to around 1.5m-2.0m. It is about right and confirm to the above scenario.

For a typical 1.8m flat of 500 sqft, the 'typical' market rate is $3,600 per sqft.  Anything more than 25% of this figure, no matter in urban or sub-urban area, means a distorted market away from the healthy market driven situation, ie bubble.