Hongkong real estate prices are back to Chinese after 20 years?

Like many changes happened in Hongkong from the 1997 period, center of money and power increasing China in specific areas.

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According to the CNN, near Hongkong people know they are more expensive luxury brands like GUCCI mobile. Italy fashion company is just one of many Western companies, the company took the wrong road in the middle of the outbreak of the real estate in Hongkong. The price of the commercial real estate in the main city area has nearly doubled since you also specifically for the mainland's real estate here is the most expensive in the world.

Many events in Hongkong from the 1997 period, money and power up in China area especially in the center line of the change in the mainland rich. The cash together to win the game the best office space in the center of the region, put the price up. These companies like GUCCI, Burberry search for the cheaper office in the far according to local real estate developers and brokers.

Business flow from the mainland to Hongkong big change reflected in the role of the central business district. Study on the Hongkong director Denis ghost Real Estate Company JLL or awards time: "back to China, Hongkong is considered as the first step of the multinational enterprises to enter the China market. On the one hand, it is still correct. However, what we see is in the past few years, the company began to have the first step similar to Hongkong, and this is more of the world ".

The enterprise, more and more. In the Chinese company is hard to ignore the factors in Hongkong. According to the current airline CBRE, 1.123 mainland companies in Hongkong, almost three times the number of more than 20 years ago, mainland enterprises accounted for 64% of market value of securities in Hongkong, an increase of 16% from the 1997 level.

The change in the Chinese factors contributed to this trend. The policy of the government of mainland enterprises in Hongkong and Beijing to encourage more open business extended to foreign countries. In recent years, in the China large capital flows out.

The money from the mainland to the outbreak of large-scale real estate market in Hongkong. According to CBRE, the owner of real estate income average $264 per square foot (1 square feet = 0093 square meters) high office rental center in Hongkong, higher than money, the owner of real estate (west end, downtown Manhattan district () is the new New York, USA) income, followed by $146 and capital 144 dollars.

CBRE or become the owner of the house more and more difficult in Hongkong soaring prices since 1997 89%. According to the company's public policy demographic, Hongkong rating is an expensive city, the largest in the world for 7 consecutive years.

Soaring real estate prices so that some big companies in other nations must be in Hongkong. Some companies give up the land. From 2012 to 2016, there are more than 100 companies in the office, the United States must leave Hongkong.

Although Tara, Joseph, chairman of the American Chamber of Commerce in Hongkong, or give up a number of Hongkong company is relatively small. Let you go is the company employment cost is high, and some industry uphill, especially retail. The company's headquarters in Hongkong is to look at their "Joseph, she is good.