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Why Are Mainland Buyers Snapping Up HK Ultra-Luxury Homes?
Introduction Mainland Chinese investors are now at the forefront of Hong Kong’s ultra-luxury property market—a trend that’s reshaping demand and economics at the super-prime level. Market Snapshot According to Savills, Hong Kong’s super-luxury market recorded 35 transactions valued at approximately HK$23 billion (US$2.93 billion) over the past 19 months. Remarkably, buyers from mainland China accounted for 80% of these deals, with 24 acquired in 2024 and nine in the first seven months of 2025. Regional Focus of Purchases These premium acquisitions are concentrated in prestigious locales—from The Peak and Jardine’s Lookout down to Kowloon’s Kai Tak and Kowloon Tong. A
August 22, 2025
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