Property News · May 2, 2017

Who buys multiple apartments in Hong Kong when most struggle to own one? Here’s a list


Hong Kong’s uber rich barely break a sweat whenever they snap up multiple apartment units, even as the majority of the city’s residents struggle to own a single unit in the world’s most expensive city.
But paying a higher duty on the property purchases is a different story.
Such was the case for Juliana Chao Pik-chun, the daughter-in-law of Dragonair’s founder Chao Kuang-piu. It was also the case for the chief of the Broadway retail chain Li Chi-leung, and actor/…

Source : South China Morning Post
Read more…Who buys multiple apartments in Hong Kong when most struggle to own one? Here’s a list

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