The Greater Bay Area initiative – which aims to create an international first-class bay area ideal for living, working and travelling – is also driving new property developments across the region. This is creating opportunities for Hong Kong investors interested in the GBA's growing real estate sector.
Each of the GBA cities has a different industry focus, with a wide range of property types being built, from residential to commercial. In addition, the recently announced 14th Five Year Plan includes support for the establishment of scientific and technological innovation centres in the GBA. This will drive further demand for quality office space and residential accommodation, generating valuable investment opportunities.
The Chamber is delighted to have Fay Wu, Head of Research, China, JLL, and Dr Dennis Tang, Registered Foreign Lawyer (China), ONC Lawyers, to give an overview of the property market trends in the GBA and discuss the issues to be considered when purchasing property in the region at a 17 May webinar.