The Baba I gather is a straight Perry design, including a 35 all built by Ta Shing.
The owners assoc speaks of the design being revised twice first as the Panda series including a 34 38 and 40 then as the Tashiba series including a 36.
The Panda designs are credited to Gary Grant of Performance Design Corp, while the Tashiba series are attributed to Perry. Perry claims the Baba and Tashiba.
The Panda series was commisioned by a group of distributors seeking to expand the range. To what extent the design relates to the Baba is moot but an idea can be determined by looking at the plans.
A similar situation arose with the HC yachts.
The HC stems from a 34 commissioned and designed by Perry but enlarged by the Union yard that then built it as the HC36. Evidently they denied him royalties and he then disputed their using his name.
The person involved split subsequently and the Union yard built the Union 36, under various names, including Mariner and the former teacher who had been involved built the HC 36 elsewhere, presumably as a copy since Union apparently kept the moulds.
Perry say he had his revenge by designing the Tayana.
Perry's influence is there amongst most of the above boats which are of similar type and size. The BABAowners site will show you the plans so you can compare them.
Both Ta Shing and Ta Yang are regarded as having been among the better yards. Hans Christian is perhaps a better known name than the same boat built by Union as the Polaris or under the Mariner name. Some say the Union boats were better built.
Although some criticise the full keel
and heavy displacement
and extensive wood interior
they are all blue water
capable and designed as such.
Since they are up to 30 years old as well as any inherent issues they will have maintenance
ones, and many are not in fact fully equipped for blue water
The one Panda 38 listed on YW appears to be well equipped with a new motor
and rerigging etc. Probably with some offshore equipment SSB liferaft
if that is your intended use, and the removal
of the teak decks which nearly all still have you may with reduced price
come within the top of your budget
and get a very nice boat. Other boats might be cheaper even after more work and money