More Hong Kong expats buy property offshore as they eye leaving city

More Hong Kong-based expats are buying properties in their home countries or other overseas markets, boosting the number of transactions by 30 to 40 per cent this year, according to agents and bankers.If the trend holds, Hong Kong’s population of expatriates – who account for a large portion of the home leasing market in the city, particularly the high-end segment – will decline, likely impacting the overall rental market, analysts said.The number of persons employed by companies whose parent…

Stay connected with us on social media platform for instant update click here to join our T witter, & Facebook

We are now on Telegram. Click here to join our channel (@TechiUpdate) and stay updated with the latest Technology headlines.

For all the latest Covid-19 News Click Here

Read original article here

Denial of responsibility! Rapidtelecast.com is an automatic aggregator around the global media. All the content are available free on Internet. We have just arranged it in one platform for educational purpose only. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials on our website, please contact us by email – [email protected]. The content will be deleted within 24 hours.