Chinese buyers from both mainland China and Hong Kong have already spent $2.47 billion on London property in the first nine months of 2016 alone, reports the South China Morning Post (11 October 2016). That far surpasses the $1.93 billion invested by Chinese homebuyers in London during the whole of 2015. With Chinese buyers are attracted to UK capital, thanks to the falling pound and real estate prices, Juwai.com – the world’s No. 1 Chinese international property portal – expects to see an ongoing demand from Hong Kong-based buyers in Britain’s property market, who are mostly driven by both education and investment goals.
