BUSINESSJul 22 · 23:00 UTCSCMP WORLDPeggy Ye

Investors ‘bulk buying’ flats remains key in Hong Kong amid red-hot rental market

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.

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Mentioned

Hong KongplaceCentaline PropertyorganizationHK$17.4 billiontopicUS$2.2 billiontopicinvestor purchasestopicbulk homebuyerstopicprimary markettopicnew-home markettopic

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