Mainland Hong Kong buyers luxury “Gold Rush”
“More than HK $ 100 million top luxury mainland buyers accounted for 70%” “We had a statistical data in Hong Kong of HK $ 10 million purchase price of housing mainland buyers accounted for 20% of the population purchase, house purchase 20 million Hong Kong dollars mainland buyers accounted for 30% of HK $ 50 million to buy mainland homes buyers accounted for 40 percent to more than HK $ 100 million top-level luxury buyers accounted for 70 percent of the mainland. ” Recently, Jones Lang LaSalle Capital Markets Managing Director of Hong Kong director Joseph Tsang of “First Financial Daily” said, with the continued listing of the companies in the Mainland has brought new rich, the rich have become the mainland’s major consumer of luxury in Hong Kong crowd. According to People’s Daily reported on June 27, Henderson Land Chairman Lee Shau Kee Hong Kong has used “women buy handbags” to describe the Mainland to Hong Kong to buy property rich mentality: “Hawker purchasers do not you do not buy, do not buy not pretty, not do not buy name brand, like a woman to buy handbags, buy a few hundred thousand dollars of it pleased, a few hundred dollars a fundamental disdain! ” Lee Shau Kee of the “bag theory” comes from experience, the end of 2010, he owned real estate company has 478 million yuan of 6.6 million and sold two big houses, the average price per square meter, nearly 50 million, of which a hitting South Peak the highest house price overall record. It is reported that two big real estate buyer is China’s richest, including Hebei Ocean Group Chairman Gao Yanming. Several high profile in the Mainland, the rich, including the “QQ” father of Ma, “Prince of Gymnastics” Li Ning, Ma Taobao boss has high throw hundreds of millions are in Hong Kong to buy property. The little-known Guangdong “80” young woman to 345 million yuan purchase of luxury in Kowloon, the news a while back caused a public sensation. Hong Kong property market, “high fever” According to the June 27 “National Financial Weekly”, Christian Louboutin Daffodile 160mm Aurora Boreale Pumps of 2010 compared with 2009, overall residential prices up 22%; December 2010 to March 2011 period, the overall residential sales price increase of 9%. Among them, the small unit price rose 9 percent, while large unit selling price increased by 6%. According to statistics, the average Hong Kong residential property prices since 2009 has been increased by 75%, almost equal to 1997 historic highs. In the past 30 months, Hong Kong, the average monthly price increase of 2%, since 2009, Hong Kong house prices rose almost doubled. High prices in Hong Kong has become increasingly heavy burden in this case, snapping up luxury in Hong Kong, Mainland Hawker, let the people of Hong Kong eyebrows, people will inevitably lead to negative emotions. Web site forum in Hong Kong, there are users who buy a house calls to restrict the mainland, “unless the legislation only to allow Hong Kong residents to purchase properties in Hong Kong, Hong Kong non-stop or depreciation of the mainland sooner or later you can buy property in Hong Kong.” Hong Kong, a restriction that the cooling effect of poor June 10, the Hong Kong Monetary Authority announced that, in view of the property market continues to heat up, the Hong Kong Special Administrative Region Government has tightened mortgage bank to issue directives, including the five new measures, which the main income for non-mortgage loan applicants from Hong Kong, loan The maximum mortgage down at least 10%. As a result, the Mainland in Hong Kong buyers threshold increases. The move was seen as the Hong Kong government from the mainland as a powerful purchasing power of the restrictive policies, but it is understood, to improve one percent down payment, buyers Mainland investment in Hong Kong’s enthusiasm affected quite minimal. Colliers International Managing Director, North Asia, polyvinyl alcohol, said Liu, the Mainland to Hong Kong home buyers a high proportion of one-time payment, down payment loans is also very high, therefore, to improve one percent down payment, little effect. But he believes that the Hong Kong Government’s approach Christian Louboutin Panier 120 Wedge Sandals Red is difficult in Canada, Britain and other European countries there, “These are fully market-oriented place, if any significant policy change, the argument will go through a longer period, but no sign showed that the government may limit Chinese buyers. ” He predicted that, following the mid-1990s and early 2000s Hong Kong emigration emigration of Taiwan, the home of immigrants from mainland China will be intensified wave “momentum than the two previous waves of immigration.” Hong Kong Central China Real Estate Market Research Analyst Luojia Ning also said that “after the 2008 financial crisis, Hong Kong real estate market was in the doldrums, many mainlanders to visit Hong Kong one-time opportunity to buy luxury full amount of such turnover of less than 10% of residential the future there is still much room for growth. ” Overseas Property crazy state of affairs Hong Kong’s luxury “Gold Rush” behind the influx of Chinese buyers of overseas home ownership is spreading worldwide. Invoke the “Express” reported in the United States, from March 2010 to March 2011, real estate buyers in the United States, 9% from China, in 2007 nearly doubled in the second largest foreign buyer; in the UK , the last two months, the Chinese investment to buy a house in London, up to 1.2 billion pounds (1.27 billion yuan). London in 2010 into a new house bought by the Chinese people; In addition, Canada and South Korea, China to accelerate growth in the purchasing power of buyers also should not be overlooked. The face of high fever and severe restriction rates that, as well as increasing investment in the narrow channels, high inflationary pressures on the plight of many of the original focus on investment in domestic real estate market, people are turning to the investment enthusiasm of foreign real estate market. Lyrics Home study shows that domestic funds for overseas property investment enthusiasm has reached an unprecedented high point, about 50% of the assets of said high domestic real estate market will be gradually withdrawn in favor of capital overseas.