Foreign, mainland students flock to Hong Kong sparking property demand in education sector

Hong Kong’s bid to become a global education hub is likely to transform the sector as a sustainable source of property demand, with the city tipped to see around 200,000 non-local students by 2035, according to CBRE. The city’s international schools are estimated to require enormous additional real estate to accommodate nearly 30,000 to 40,000 non-local students, as the institutions would need to set up 40 to 50 new school campuses. This could mean up to an extra 1.11 million square metres (12...