This Is How Much Hong Kong Property Has Surged Since British Rule
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As the Union Jack fluttered over Hong Kong’s Victoria Harbour for the last time on June 30, 1997, home prices were hovering near record highs and sellout crowds at new projects were the norm.
Twenty years on, property price have hit fresh records and buyers are still thronging to buy new apartments. This time around, the boom has been accompanied by demand from another source: mainland developers.