Hong Kong Property Market Sees Steady Increase

The son of former financial secretary Henry Tang Ying-yen has recently completed the purchase of two connected units within the Wheelock Properties’ Kadoorie Hill luxury project in Kowloon. These properties were sold for a combined value of HK$36.4 million each, representing a significant increase in property activity within the city. The transactions were facilitated by two entities, Jumbo Bridge and Risking Sky. This activity is part of a broader trend of affluent buyers exhibiting increasing interest in the Hong Kong residential market, driven by positive economic indicators and anticipated demand. The overall market activity remains positive, though specific growth rates are being closely monitored.

Credits: News – South China Morning Post