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Archive for November, 2007

Hong Kong international school

Monday, November 12th, 2007

Education is the instrument that brings constant & positive changes in societies. It transforms these societies and brings more happiness and prosperity to its people. With the increasing importance of international education most of the schools aim at providing global perspectives and a better understanding of the history and languages of different cultures and nations. Hong Kong international school is one such school that is part of the Yew Chung Foundation. Yew Chung Education Foundation is pioneering the concept of international education with its interesting blend of the Eastern and Western education philosophies. The student is exposed to the best of both the worlds and he is aware of western sensibilities as well as the eastern traditions. The Yew Chung curriculum is designed by giving due consideration to the development requirements of students of different age groups. The school uses holistic approach to education and involves the cooperation of family specially the parents and the community. The Hong Kong international school follows the principles of Yew Chung Foundation. The main educational objectives besides providing a holistic education are to provide a bilingual program and appreciation of Western as well as Eastern cultures. The school provides its students with individualized attention so that they develop their full potential. Yew Chung offers a “through-train” education which includes early childhood, primary and secondary education and ends with the Baccalaureate Diploma Program (IB). The foundation takes special care that the children get a positive and stimulating environment for growth and development. This enriching educational experience becomes the basis of their future professional goals. The kindergarten children are provided with a visually stimulating environment with special emphasis on sensory enrichment and intellectual growth. Music, interactive learning and outdoor activities form integral part of the learning program. The primary and the secondary sections have dedicated teachers who work in collaboration with the parents and involve them with the education of their child. The enthusiastic and erudite teachers are committed towards providing the students with healthy learning environment. An environment where the students enjoy every minute they spend at the school and have the urge to learn and investigate. Yew Chung International Schools teach the students about the values of effort and perseverance. The foundation ensures that all the students get equal opportunity to learn regardless of their mental abilities and their individual backgrounds.

The Real Estate Market in Hong Kong Today

Monday, November 12th, 2007

Now Hong Kong is a Special Administrative Region of China its star is rising as fast as China’s and the entire real estate sector in Hong Kong is benefiting.

The physical geographic restrictions of Hong Kong mean that there is a finite supply of residential and commercial real estate available for sale and rent; and as Hong Kong further strengthens its already robust economic, trade and investment ties with China, the demand for real estate in the region is intensifying.

Competing for space are multinational companies and their massive expatriate employee base, local businesses and local residents, tourists and students. In fact the demand for residential and commercial space in Hong Kong is at its highest today since the glory days pre-1998. Having suffered an acute recession from 1998 until 2003 real estate prices are for sale at deflated costs and are therefore seen as being undervalued which means the real estate market is in a great position right now to grow and expand.

Because demand for real estate in Hong Kong is so intense…

Because Hong Kong’s economy is going from strength to strength…

Because domestic purchasing power is so strong…

And because the real estate market is believed to be currently undervalued – the wealth of opportunity for profit in Hong Kong’s property market right now is intense.

Real estate investors from around the world are buying into the projected period of growth and are committing substantial funds to the Hong Kong market. In terms of any restrictions placed on foreign investors there are none in Hong Kong…in theory anyone is permitted to purchase property. As with all city based real estate economies property in Hong Kong – though currently considered to be undervalued – cannot be regarded as ‘cheap’. However anyone who wishes to get into the market can get mortgages locally in Hong Kong to purchase and can almost guarantee the rental income they will generate if they choose to buy residential or commercial units to let.

The medium term prospects for the real estate market in Hong Kong are good with analysis showing that the number of renovation and new development projects started in recent years is below what is required for the current level of demand. This undersupply will last for at least the next four years according to expert industry analysis. This has resulted in predictions for property price growth of up to 12% annually for at least the next four years, making the real estate market in Hong Kong today a highly attractive prospect.