Centaline Property

Hong Kong's bulk homebuyers are a major force in the new-home market, with investor purchases hitting record levels in the first half of the year. A total of 654 buyers acquired 1,794 flats worth HK$17.4 billion (US$2.2 billion) in the primary market between January and June, driven by strong rental demand.

Hong Kong’s secondary residential market may face a turning point in the second half after a strong first half, driven by a steep price increase and impacts from Beijing’s capital outflow measures.