Property News · May 1, 2019

Zhuhai property lures Hongkongers betting mega bridge will boost Greater Bay Area


Hongkongers splashed out an estimated 10 billion yuan (US$1.48 billion) on homes in the Greater Bay Area last year as they bet the new Hong Kong-Macau-Zhuhai bridge would boost property prices, according to industry experts.They bought some 10,000 homes in the nine mainland Chinese cities the area covers, for an average price of a million yuan, said Andy Lee Yiu-chi, chief executive for southern China at Centaline Property Agency.By that estimate, buyers from Hong Kong spent 10 per cent more…

Source : South China Morning Post
Read more…Zhuhai property lures Hongkongers betting mega bridge will boost Greater Bay Area