The St. George’s Mansions development, by Sino Land and CLP Group, is situated on Kadoorie Hill. Image: Handout
The St. George’s Mansions development, by Sino Land and CLP Group, is situated on Kadoorie Hill. Image: Handout
Hong Kong property
Business

China’s big spenders are trickling back to Hong Kong’s luxury property market, boosting analysts’ hopes for a slow recovery

  • Luxury homes are attracting mainland Chinese buyers, with three Ho Man Tin flats recently selling for about US$38 million
  • Given high interest rates, it will take time for buying by mainland residents to rebound from a 75 per cent drop during the pandemic, analysts say

Lam Ka-singYulu Ao
Lam Ka-sing and Yulu Ao

Updated: 11:23am, 18 Jan, 2023

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The St. George’s Mansions development, by Sino Land and CLP Group, is situated on Kadoorie Hill. Image: Handout
The St. George’s Mansions development, by Sino Land and CLP Group, is situated on Kadoorie Hill. Image: Handout
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