Britain in vogue for HK buyers

INTEREST in Britain is holding up well, with agents reporting about 30 sales from one Hongkong exhibition last week.

Regent on the River, a major luxury residential development, close to Chelsea Harbour in London, is being marketed by Richard Ellis in conjunction with Cluttons in the territory.

''We've sold about 30 units, ranging from flats of 1,200 square feet to two penthouses of more than 2,300 square feet,'' said Mr Chris Thrift, a director of Richard Ellis.

Of those, 25 had been purchased by Hongkong Chinese and the remainder by expatriates.

The exhibition, held at the Hilton, had finished but, due to the level of interest, had been set up for another 10 days in the boardroom of the Richard Ellis office in the Bank of China Tower.

''We're expecting to sell between five and 10 more units in Hongkong,'' Mr Thrift predicted.