MAINLANDERS RETREAT

PUBLISHED : Friday, 08 June, 2012, 12:00am
UPDATED : Friday, 08 June, 2012, 12:00am
 

Credit tightening in China has led to fewer mainlanders buying real estate in Hong Kong. In the first quarter, 10.6 per cent of individual homebuyers were from the mainland, down 3.8 per cent quarter-on-quarter, says Centaline Properties. Mainlanders accounted for 3.3 per cent of sellers, similar to the previous quarter. Centaline says rising property prices is likely to prompt more mainlander to sell, as they would make a good profit.

Share

Send to a friend

To forward this article using your default email client (e.g. Outlook), click here.

MAINLANDERS RETREAT

Enter multiple addresses separated by commas(,)

CAPTCHA
This question is for testing whether or not you are a human visitor and to prevent automated spam submissions.
Image CAPTCHA
Enter the characters shown in the image.