The purchase price seems manageable on paper, but I hesitate to proceed if it leaves too little cash for problems that cannot be postponed. The property is a 1-bed detached home in Hong Kong priced at about HK$7,488,000, and my remaining buffer at completion is expected to be around HK$226,200...
Buying below my limit feels safer, but I am unsure whether that caution is necessary here. The property is a 1-bed new-build flat in Hong Kong priced at about HK$7,683,000, and my cash balance on completion would be around HK$343,200.
That sum would need to cover known handover expenses and the...