Knight Frank: Proposed the Hong Kong government further relax the investment threshold for residential properties to HK$10 million to attract funds to support the real estate market.

The Hong Kong government stated that the "New Capital Investor Immigration Scheme" featuring a series of optimization measures will be introduced soon. Kelvin Wong, Executive Director and Head of Capital Markets at JLL, expressed the hope that the government will announce detailed information as soon as possible. At the same time, it is suggested that the authorities consider further lowering the threshold for residential property investment to HK$10 million and removing the limit on property investment to attract more funds to support the real estate market. JLL believes that lowering the threshold will help improve the investment immigration policy, attract small and medium-sized investors to invest in Hong Kong real estate, expand the potential investor base, further enhance Hong Kong's competitiveness as an international financial center, and attract more talent and funds.