China ranked top five in Asia's hottest real estate market

Source: Internet
Author: User
Keywords On the list the hottest
"Forbes" released the mainland, Hong Kong and Taiwan into the list of the top 5 (reporter Lishiang) Asia's strong economic recovery, real estate prices are rising.  Forbes, a leading U.S. financial magazine, published the "Hottest real estate market in Asia" this morning, with mainland China, Hong Kong, China and Taiwan among the top ranks. As can be seen from the list, Singapore's housing market has attracted a large number of Chinese buyers, thanks to the rapid economic recovery in Southeast Asia and low interest rates, which led to a 38.1% rise in house prices in the past year, the highest in Asia.  Housing prices in Hong Kong, China, also surged 24.5% after Singapore. The International property consultancy, Knight Frank, points out that Hong Kong's housing prices are soaring and may be a global city next year.  The housing supply in Hong Kong is limited, the ultra-low-income environment is expected to remain at least 18 months, and the continued influx of mainland funds, all of which support the further rise in house prices, have been the reasons for the rise in Hong Kong's housing prices  In addition, China's Taiwan, Australia and mainland China were the top five. The "Global Real Estate Guide", a real estate research firm, publishes a study of the same name each year, tracking property prices, rental income and property tax levels over the past year in major cities across Asia.  Forbes uses the guide to draw the Asian cities ' real estate market rankings. 2009-2010 house prices rose 1. Singapore: 38.1% 2. Hong Kong, China: 24.5%3. China Taiwan: 20% 4 Australia: 18.4%5. Mainland China: 8.6%
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