A ‘new wave’ of buyers in the form of moneyed professionals from mainland China is set to bring their purchasing power to Hong Kong’s property market, potentially boosting demand for housing – and house prices – in a city that is already the world’s most expensive to own a home.
Around 21,000 professionals from mainland China could become permanent Hong Kong residents by 2019, according to brokerage CLSA, and the numbers are likely to increase in the…
Source : South China Morning Post
Read more…Meet the ‘new wave’ of buyers who could keep Hong Kong’s property market hot















