Business · Markets · 12 hrs ago
Hong Kong investors look to Swiss Alps to diversify property holdings
Some wealthy Hong Kong investors are looking beyond Asia to spread their property holdings across currencies and jurisdictions.
The Swiss Alpine village of Andermatt is one place drawing their interest.
Its prime residential prices rose 12.5% in the year to June 2026, making it the second-best-performing market in a mountain property index.
Switzerland’s strong currency and relatively open rules for foreign buyers add to the appeal.
Hong Kong’s ultra-high-net-worth population grew 26.4% in 2025 to nearly 18,300 people.
Property typically makes up 30% to 35% of an ultra-wealthy person’s wider investment portfolio, and the story describes diversification as part of a broader effort to preserve wealth.
Some wealthy Hong Kong investors are looking beyond Asia for property to diversify holdings across currencies and jurisdictions.
The Swiss Alpine village of Andermatt is one example of a market attracting international investors.
Prime residential prices in Andermatt rose 12.5 per cent in the year to June 2026.
The village ranked as the second-best-performing market in the Knight Frank Mountain Property Price Index.
Hong Kong’s ultra-high-net-worth population grew 26.4 per cent in 2025 to nearly 18,300 people.
- Who
- Some wealthy Hong Kong investors are looking beyond Asia for property.
- What
- They are diversifying property holdings across currencies and jurisdictions, with Andermatt offered as an example of the appeal.
- When
- Andermatt’s prime residential prices rose in the year to June 2026. The article was published on November 8, 2026.
- Where
- Andermatt, a Swiss Alpine resort village.
- Why
- Investors are seeking to diversify holdings as part of a broader approach to wealth preservation.
This story does not have two clearly opposing sides.
Hong Kong’s ultra-high-net-worth population grew 26.4 per cent to nearly 18,300 people.
Prime residential prices in Andermatt rose 12.5 per cent.
SCMP published its report on Hong Kong investors looking to the Swiss Alps.
- Andermatt price growth
- 12.5 per cent in the year to June 2026
- Mountain property ranking
- Second-best-performing market in the Knight Frank Mountain Property Price Index
- Hong Kong ultra-high-net-worth population
- Nearly 18,300 people in 2025
- Population growth
- 26.4 per cent in 2025
- Typical direct real estate share
- 30 to 35 per cent of an ultra-wealthy individual’s wider investment portfolio