Mainland investors’ appetite for property in Hong Kong is showing no signs of abating despite sky-high prices and capital control measures.
Since the second half of last year, deep-pocketed developers from the mainland have shifted from bidding for land to acquiring existing property.
In March alone, there were four transactions worth more than HK$3.3 billion (US$420.4 million).
Henry Mok, regional director of capital market at JLL, said the presence of…
Source : South China Morning Post
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