Property News · December 5, 2018

Mainland buyers’ interest in Hong Kong luxury homes wanes as trade war sours appetite


Fewer deep-pocketed mainland buyers are showing an interest in the city’s luxury homes amid rising economic uncertainty brought by the US-China trade war, with market observers saying enquiries for property over HK$100 million (US$12.8 million) has fallen by half.
“Most of the buyers from the mainland are business owners whose businesses might be directly affected by the tariffs, while some are just holding off on their offers because of the uncertainties,” said Patrick Chau,…

Source : South China Morning Post
Read more…Mainland buyers’ interest in Hong Kong luxury homes wanes as trade war sours appetite

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