Mainland buyers heat up Hong Kong property market

By He Shan
0 Comment(s)Print E-mail China.org.cn, July 28, 2011
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boosted by investors from China's mainland, Hong Kong's property prices reach a new high.

Mainland buyers heat up Hong Kong property market

上半年内地买家在港购楼创新高

As cities in China's mainland put limits on home purchasing, Hong Kong has become a hot destination for mainland real estate investors flush with money. 限购政策的出台,正在迫使内地楼市资金外流,在“就近”的香港楼市,内地买家占据的市场份额已超过15%,为历年来的最高。
Buyers from China's mainland accounted for 15 percent of purchases of new luxury homes in Hong Kong in the first half of this year, a record high, according to a report by Centaline Property Agency. They also represented more than 25 percent of the second-hand luxury housing market. 中原地产发布的最新数据显示,今年上半年在一手豪宅(价值超过1200万港币)市场中,内地买家的购买宗数占到上半年总成交量的38.4%,均创有记录以来的新高。二手豪宅市场上,内地个人买家的成交金额也占到1/4强。
"The mainland restrictions on property investment are the main reason for the inflow of capital into the Hong Kong housing market," Centaline Property said in the report. "Once the mainland loosens its grip, a repatriation of capital is inevitable." 中原地产分析认为,内地愈加严格的限购政策是促使楼市资金流向香港的主要因素。一旦放松楼市调控政策,很可能引发内地房市快速反弹。

     China's business press carried the story above on Tuesday.

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