Asia

Hong Kong selling weekend: 48hr flash sale

Overseas property exhibitions have been criticised for pushing up prices and locking out UK buyers. Emily Wright reports from a Hong Kong sales fair

Weekend after weekend UK-based agents and developers descend on five-star hotels in selected Asian cities to present London’s hottest new luxury residential developments to overseas buyers.

It is a practice which has long been criticised as an irresponsible fuelling of London property prices and one that has been slammed for locking UK buyers out of their own market. The debate, which reached fever pitch last year, saw London mayor Boris Johnson call on…

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