Lowering residential price threshold for investment immigrants won’t impact housing market, minister says

Lowering residential price threshold for investment immigrants won’t impact housing market, minister says

The Hong Kong government’s move to lower the price threshold for property purchases under an investment immigration scheme will not affect the local housing market, the city’s treasury chief has said. Residential estates in Hong Kong. File photo: Kyle Lam/HKFP. Chief Executive John Lee announced in the 2025 Policy Address last month that the minimum threshold for a residential property under the New Capital Investment Entrant Scheme would be low…