Hong Kong emigrants to the UK are relishing the current downturn in the UK’s housing market as it presents another real estate investment opportunity.
F. Chiu, a Hongkonger who moved to London with her father nearly a year ago, recently bought a nearly 1,000 sq ft flat in the West End, a stone’s throw from the Elizabeth Line tube station, at Galliard Homes’ TCRW Soho project for £2.15 million (US$2.68 million).
She bought another flat a few weeks ago, this time at the Orchard Wharf in London Docklands. A one-bedroom unit in the project starts from £460,000 onwards.
