(Hong Kong Comprehensive News) After the Hong Kong government announced the "withdrawal" of the property market, buyers in mainland China have continued to pour in Hong Kong to buy real estate in recent weeks.
According to Reuters on Tuesday (March 19), real estate agents estimate that mainland buyers currently account for 20%to 30%of Hong Kong's new house sales, and some buyers buy up to eight houses in one go.
Securities Times reported on the same day that Hong Kong Central Plains Real Estate data shows that it is expected to be sold in March of 4,000 to 5,000 new houses, which is expected to reach a new high since 1998.Among them, buyers in mainland China have increased by 40 to 50 times, and many of them are groups such as "Youcai Plan" and other channels.
Hong Kong announced on February 28 to comprehensively "withdraw" to stimulate the sluggish property market.After "withdrawal", non -Hong Kong residents do not need to pay 15%stamp duty, but 4.25%as Hong Kong residents.
It is reported that mainland China is currently facing the uncertainty of the debt crisis and economic prospects of the real estate company, and its market confidence is created, prompting mainland Chinese buyers to enter the Hong Kong real estate market.
However, although Hong Kong's real estate sales have risen, the property prices are still suppressed due to the discounts of developers' discounts to remove inventory.Standardly's global rating estimates that due to high interest rates, the transaction volume this year will only recover from a moderate recovery in 2023.
