The pace at which mainland capital is flowing into Hong Kong’s luxury residential market has increased after more Chinese cities introduced or tightened curbs on house buying, according to industry experts.
For the first two weeks of this month, realtors said about 30 per cent of Hong Kong’s new luxury homes were purchased by mainland buyers. According to data from Centaline Property Agency, mainland buyers accounted for 14.8 per cent of total home sales in the second quarter of the…
Source : South China Morning Post
Read more…Mainlanders snap up Hong Kong luxury homes as China tightens market restrictions
