Feng shui masters no doubt benefit from the local property boom.
They make money by advising clients whether they should go ahead with a certain property transaction based on their unique analysis on metaphysics. Their income is comparable, if not higher, than those of most professionals such as lawyers or property agents.
Their services are especially sought-after when home prices are skyrocketing. For instance, it’s HK$100,000 per square foot on the Peak and HK$50,000 in core central. And HK$10 million can only buy a subdivided flat in Sai Ying Pun.
Some of the famed feng shui masters are known to be smart property investors themselves. Their track record speaks volumes about the value of their consultation service. One example is Mak Ling Ling, who is reported to have made HK$9 million in five years.
The lady in Armani suits sold a Jordan office building with arguably the most clinics in Hong Kong for HK$14.6 million, or about HK$16,000 per square foot for a 915 square foot unit.
The price is about 90 per cent of her purchase price of HK$15.8 million back in 2012 but she sold a part of the original 1,620 square feet unit two years ago for HK$10.57 million.
In other words, Mak cashed out a smaller unit and now the bigger portion of the property. Next step, she hopes to buy an office in Admiralty for investment.
What an upgrade she demonstrated to her followers for the savvy property investment!
I remember I once made an interview request over the Lunar New Year, when she regularly turns up on TV shows. Her personal secretary declined the request, saying Mak was too busy doing English interviews.
Later I met her in person on another occasion, where she smilingly offered me a piece of advice I will never forget.
After asking for my birthday, she said I should live in the west district (which I did in my childhood), otherwise I would never get rich. She also said my best career would be in the property industry.
None of these happened, however. Not that I deliberately ignored her, but sometimes I just learned to settle for second best.
Well, I have been writing a lot of property stories, including this one, especially for people like Mak Ling Ling.
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