Property agents’ boards are pictured on a residential street in Hackney, east London. Photo: AFP
Property agents’ boards are pictured on a residential street in Hackney, east London. Photo: AFP

Hong Kong residents buy US$1.3 billion worth of homes in London after UK opened path to citizenship in July

  • Hong Kong residents bought 1,932 units or 4 per cent of London homes worth £959 million (US$1.3 billion) since last July, estimates from Benham and Reeves show
  • Hongkongers accounted for 8.5 per cent of home purchases by foreigners in prime central London last year, the second largest group alongside the Chinese and Americans

Property agents’ boards are pictured on a residential street in Hackney, east London. Photo: AFP
Property agents’ boards are pictured on a residential street in Hackney, east London. Photo: AFP
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