Property News · February 27, 2017

Chinese funds to move into Hong Kong’s mass housing, push prices to new highs, analysts say


Chinese funds, which flooded Hong Kong’s high-end residential property market and contributed to making the city the world’s least affordable urban centre last year, are likely to trickle down into mass-housing in 2017, real estate analysts and agents said.
With additional buyers and funds chasing a limited supply of apartments, prices may increase by more than 10 per cent in the broader mass-housing section of the market, said Cushman & Wakefield’s Greater China vice…

Source : South China Morning Post
Read more…Chinese funds to move into Hong Kong’s mass housing, push prices to new highs, analysts say

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