Business · Companies · 2 hrs ago

New Huanggang Port opening draws Hong Kong buyers to Greater Bay Area homes

New Huanggang Port opening draws Hong Kong buyers to Greater Bay Area homes

Hong Kong buyers are showing more interest in homes in the Greater Bay Area after the new Huanggang Port opened.

An agent said viewings from Hong Kong rose by about 40% compared with the period before the opening.

Interest is concentrated near Shenzhen border crossings, including Futian, Luohu and Huanggang.

Developers are offering promotions to attract these buyers.

New World Development is offering eligible buyers a furniture package for designated flats at its Wellspring project.

The package is valued at up to 138,000 yuan.

The offer is exclusive to Hong Kong residents who buy the designated flats.

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What people are saying

King LauRegional investment director for the Greater Bay Area at Yui Yin Property
The number of property viewers from Hong Kong has risen by about 40 per cent compared to the period before the opening of the new Huanggang Port
via SCMP
The growth in prospective buyers is primarily concentrated in areas near Shenzhen’s border crossings, such as Futian, Luohu and Huanggang
via SCMP