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Mainland Chinese buyers to continue driving Hong Kong housing demand in 2025, analysts say

SCMP LogoSCMP5h ago

Mainland Chinese buyers to continue driving Hong Kong housing demand in 2025, analysts say - SCMP

Quick Summary:

Buyers from mainland China accounted for 11,638 transactions in 2024, an increase of 90 per cent from a year earlier.

Residential property advertisements posted at a real estate agency in Jordan, October 18, 2024.“The scrapping of property curbs, coupled with property prices dropping by more than 20 per cent from the peak, and the government’s introduction of a series of policies to ‘snatch talent’ and optimise immigration, have further boosted the desire of mainlanders to purchase properties in Hong Kong,” said Louis Chan Wing-kit, CEO of Centaline Property Agency.

Both measures were record highs.


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Article Details

Author / Journalist: Salina Li

Category: Business

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-13 @ 08:30:12 (5 hours ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 275 words

Reading Time: 2 minutes read

Sentences: 10 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 25093295

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About SCMP

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Main Topics: Business

Official Website: scmp.com

Update Frequency: 7 posts per day

Year Established: 1903

Headquarters: Hong Kong

News Last Updated: 54 minutes ago

Coverage Areas: Hong Kong

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #42

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