HK set to pip NY as top property market for mainland Chinese
China investment in HK real estate hits HK$36b in Q1, compared to HK$17b in NY
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Hong Kong
HONG KONG is set to overtake New York City to become the most popular property market for mainland Chinese investors.
Outbound investment from mainland China in Hong Kong real estate hit an all-time high in Q1 2017, with total transaction volume surging 213 per cent year on year to HK$36.1 billion (S$6.48 billion), according to a report released on Wednesday by global real estate services company Colliers International Group.
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