CHINA> Taiwan, HK, Macao
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HK interest in mainland housing market goes up
(chinadaily.com.cn)
Updated: 2009-07-29 16:10 Latest statistics show that Hong Kong investment in the mainland real estate rebounded in the first half of this year, Xinhua.net reported Wednesday. According to figures released by Hong Kong-based Land Power, a real estate consulting group, as of the end of June, the amount of the mainland property that Hong Kong people have bought is between 11,000 to 12,000 units, a 23 percent year-on-year rise.
According to the Hong Kong media, over 100,000 Hong Kong people currently work or live in the mainland. Many of them purchase real estate either to live in, or as an investment. Shenzhen is the most popular location, followed by Guangzhou and other cities in the Pearl River Delta, as well as Shanghai. |
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