Over the past few years, it is becoming more popular for Hong Kong people to purchase non-local properties. The risk they face is high, especially when those properties are still under construction, or are yet to be completed.
Currently, there is no relevant legislation governing the sale of non-local properties in Hong Kong. Selling properties situated outside Hong Kong is generally beyond the purview of the Estate Agents Authority (EAA). A person or company engaging in estate agency work…
Source : South China Morning Post
Read more…What risks do Hongkongers face while buying uncompleted property abroad?















