As an international financial center, the prosperity of the real estate market in Hong Kong is not accidental. Recent data shows that in the first quarter of 2024, the transaction volume of residential properties in Hong Kong increased by nearly 80% compared to the same period last year. This growth reflects the confidence and enthusiasm of global investors in the Hong Kong market.
Investors favor the Hong Kong real estate market not only because of its low tax rates and sound legal environment but also because of Hong Kong's unique position as an international metropolis. Additionally, Hong Kong is home to several universities ranked among the top 100 globally, providing investors with access to high-quality education resources, making Hong Kong an ideal investment and living choice.
The adjustment of stamp duty policies by the Hong Kong government has also been a significant factor driving the heat in the property market. According to data, after the abolition of the 15% stamp duty, the tax burden on mainland buyers has been significantly reduced. This policy change has injected new vitality into the Hong Kong property market, attracting more attention from investors.
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In addition to the favorable tax policies, Hong Kong's permanent residency status is also attractive. Residents holding Hong Kong passports can travel visa-free to more than 170 countries and regions globally, further highlighting the value and attractiveness of Hong Kong property.
Furthermore, Hong Kong's education and medical resources are also important components of its attractiveness. The Hong Kong Diploma of Secondary Education (DSE) examination provides students with pathways to enter mainland China and international universities, while the comprehensive and efficient healthcare system provides residents with high-quality life assurance.
As the national real estate market gradually rebounds, investors need to carefully choose the timing of their investments. Key factors that investors need to focus on include the development potential of core cities, policy directions, risk management, and long-term trends. In the face of market changes, investors should remain vigilant, rational, and develop sound investment strategies.