Hong Kong is one of the world's leading financial centers, and has many multinationals, international banks stationed there as well as it having a leading stock exchange that compares to those in New York, London and Dubai.
With a very strong economic base in Hong Kong, there stems from this high demand for both residential and commercial properties, particularly in areas such as The Peak, Central, Mid-Levels, and Repulse Bay.
Popular areas of Hong Kong with International Buyers:
Investing in land is one of the oldest and most stable forms of building wealth, with demand increasing as populations grow, especially in growing urban or suburban areas in Hong Kong.
Undeveloped or raw land also often appreciates due to infrastructure development, zoning changes, or economic expansion nearby.
With planning permission, if required, land in Hong Kong can be developed with homes, apartments, commercial buildings, farms, or even renewable energy projects, and buying land in upcoming development zones can boost profits as construction demand rises.
Land doesn't require upkeep, repairs, or management, and property taxes and or insurance come much lower than for developed real estate.
Land can be handed down through generations as an investment, while maintaining or increasing in value over decades, and many wealthy families use land ownership to preserve long-term wealth and build generational assets.