Property News · April 12, 2017

Just who are buying the Kai Tak residential units?


Home prices in Hong Kong have hit an all-time high, with many buyers left having to play a guessing game on what might trigger the next property buying frenzy.
One Hong Kong developer to have reaped HK$7 billion in property sales from the recent launch of its residential project at the site of the former Kai Tak airport, says the majority of his buyers are Hong Kong residents.
“Geographically, most are Hong Kong identity card holders”, said Oliver Lam, chief financial officer of K…

Source : South China Morning Post
Read more…Just who are buying the Kai Tak residential units?

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