Property News · April 10, 2019

Hong Kong investors turn to outer London areas in search of growth potential


Hong Kong property investors remain interested in London but are increasingly looking at either high-end properties in the city centre or at non-prime areas, agents said.A weak pound and low interest rates are helping to offset an ­increase in stamp duty implemented in 2016, keeping interest in the city alive.“Apart from the very central locations, we are actually seeing some buyers are interested in those much cheaper options,” said Mandy Wong, head of international residential at JLL in Hong…

Source : South China Morning Post
Read more…Hong Kong investors turn to outer London areas in search of growth potential

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