Hong Kong, mainland property developers drawn to Greater Bay Area city Jiangmen by promise of cheap land, development potential

//Hong Kong, mainland property developers drawn to Greater Bay Area city Jiangmen by promise of cheap land, development potential

Hong Kong, mainland property developers drawn to Greater Bay Area city Jiangmen by promise of cheap land, development potential

Jiangmen, a city in Guangdong province that is also part of Beijing’s Greater Bay Area development zone, is attracting interest from mainland Chinese as well as Hong Kong-based property developers.Several companies are looking at the city of 4.6 million people that is about two to three hours from Hong Kong by train or ferry, because of its low land prices and development potential. It sold eight residential land plots totalling 1.67 million square metres in June, its highest tally since 2018,…

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By | 2020-08-26T06:00:16+00:00 August 26th, 2020|Business|Comments Off on Hong Kong, mainland property developers drawn to Greater Bay Area city Jiangmen by promise of cheap land, development potential