Hong Kong’s super luxury property market has seen 35 transactions worth about HK$23 billion (US$2.93 billion) in the past 19 months, with ownership shifting from local property-industry tycoons to mainland buyers who have made their fortunes in hot industries, according to Savills.
Wealthy buyers from mainland China accounted for 80 per cent of the deals worth HK$300 million or more – 24 in 2024 and nine in the first seven months of this year, said Thomas See, the property consultancy’s director…
