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London overtakes Hong Kong as world’s busiest super prime property market as French, Hongkongers fuel purchases


London unseated Hong Kong as the top market for super-prime property in terms of transaction value, as foreign buyers including French and Hongkongers helped lift the market despite pandemic and Brexit concerns.The British capital recorded US$3.75 billion of sales from 201 transactions, according to property consultancy Knight Frank, which defines “super-prime” as homes worth US$10 million and above. London snatched the crown from Hong Kong, which had 169 deals totalling US$3.2 billion.UK home…

Source : South China Morning Post
Read more…London overtakes Hong Kong as world’s busiest super prime property market as French, Hongkongers fuel purchases

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