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HK property prices more affordable compared with some China cities: BAML

Interest from mainland buyers, amid a surge in home prices in many cities there, may support territory's property market, analysts add
Saturday, October 15, 2016 - 05:50
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Hong Kong's housing affordability ratio now stands at 58 per cent, compared with 80 per cent to 124 per cent in three first-tier Chinese cities, say BAML analysts Karl Choi and Fan Tso.

Hong Kong

CHINESE buyers are stepping up home purchases in Hong Kong, where prices are becoming "relatively more affordable" compared with some major mainland cities, according to Bank of America Merrill Lynch (BAML).

Interest from mainland buyers, amid a surge in home prices in