Property News · September 18, 2017

Mainland buyers could substantially push up demand for Hong Kong housing, says CLSA


Hong Kong’s property market could experience a significant demand boost if a small fraction of new home buyers in mainland China cast their attention to the city, according to CLSA.
Demand for Hong Kong homes could surge by 10 per cent if 1 per cent of the transaction value of new homes in tier one cities in China were to redirect towards Hong Kong, said Nicole Wong, managing director of property research at CLSA.
In 2016, the value of new flats sold in tier one cities in China amounted…

Source : South China Morning Post
Read more…Mainland buyers could substantially push up demand for Hong Kong housing, says CLSA

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