is the top city in the Asia Pacific region in terms of real estate market growth
. The city recorded a significant increase in assets and tripled the amount of development site transactions.
Real estate market growth in Hong Kong
Hong Kong’s real estate market
recorded the fastest growth among all of the Asia Pacific countries. The analysis was made by intelligence firm Real Capital Analytics and followed two fields: that of investment in income-producing asses and that of development sites across the Asia Pacific region.
The study showed that the sale value of standing assets grew by 38%, reaching the value of 114,7 billion HK$ and the development site transactions tripled to 134.2 billion HK$. Experts also said that these values are very likely to remain strong, because of two real estate deals that are currently pending. One of these includes the sale of The Center, the fifth tallest skyscraper in Hong Kong, to a consortium of investors.
Real estate investments in Hong Kong
are open to foreign investors, both those in the commercial and in the residential sector. One of our agents who specialize in company registration in Hong Kong
can give you more details on the specific rules for real estate transactions.
Investing in real estate in Hong Kong
Investments in real estate in Hong Kong are mainly driven by a string influx of Chinese Mainland investors. As the study performed by Real Capital Analytics shows, Chinese investors in Hong Kong
had a great influence on the evolution of the city’s real estate market in the third quarter of 2017.
Chinese investors and other foreign entrepreneurs who want to know more about real estate investments can seek professional help. Our Hong Kong company formation specialists
can help answer your questions.