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March 1, 2018

Hong Kong is the most popular market in Asia for real estate investors
According to recent news report in Shanghai, Hong Kong is the most popular market in Asia for real estate investors.
     Real estate investment in Asia Pacific rose 16% to a record US$52 billion in the last quarter of 2017, with Hong Kong, Australia and Japan remaining favorite markets among investors, according to a consultant.
     Hong Kong was the most red-hot market in the region with transaction volume surging 171% year on year to US$7.4 billion in the fourth quarter. The notable growth was mainly driven by mega deals including the US$1.15 billion sale of Wheelock's 8 Bay East in Kwun Tong.
     It was followed by Australia and Japan, where three-month property investment exceeding 40% and 31%, respectively, from same period a year ago.





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