Exploring GBA Cities Series: "Are You Ready to Invest in the Next Mega-city Region – GBA?"
Greater Bay Area
The Greater Bay Area initiative is driving new property developments across the region and creating opportunities for Hong Kong investors interested in the GBA's growing real estate sector.
At a webinar on 17 May, Fay Wu, Head of Research, China at JLL, gave an overview of the property market trends in the GBA. She explained that a coherent and hierarchical growth pattern had emerged with Shenzhen as the primary node, and Guangzhou and Hong Kong as important growth engines. The transportation network within the region also led to collaboration and innovation.
Dr Dennis Tang, Registered Foreign Lawyer (China) at ONC Lawyers, discussed the issues to be considered when purchasing property in the region. He recommended members to buy properties from reputable developers, to focus on the property itself and conduct a thorough due diligence check before entering into any agreements.
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