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Signs of confidence: affluent Hong Kong investors snap up luxury flats as market improves
Yahoo Financeยท 2025-09-21 09:30
Affluent Hong Kong investors - from the former CEO of the Hong Kong stock exchange to the chairman of Great Eagle Holdings - have been snapping up residential properties, despite doubts by many prospective homebuyers that prices of flats across the city have hit bottom. Francis Yuen Tin-fan and his wife Rose Lee Wai-mun spent HK$92 million (US$11.8 million) on two luxury flats at The Knightsbridge in Kai Tak over a span of two months. Their latest transaction on Tuesday was for a 1,259 sq ft unit that cost ...