You may have heard from the older generation, they said that buying property during Hungry Ghost month (Lunar Seventh Month) was a taboo. Their explaination would be : buying a property during that period would invite the "good brothers" into the new house. Thus, problems may arise. So is this true?
Well, if you were to look at past property transactions volume, most probably you would notice that transactions during Lunar Seventh month tend to be fewer. However, of late (recent years), this trend has changed.
People are buying properties in Lunar Seventh month, the change of trend could be due to buyers are young generation, who do not believe in such belief. Or is it high rising property price have made people to forgo such belief and those who did not jump on the boat fast enough to capture the low price are to regret later? Well, maybe you want to share your view on this?
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