Media playback is unsupported on your device

London homes popular in Hong Kong

18 December 2013 Last updated at 20:46 GMT

About half of all new build homes in inner London are now sold to foreign investors, according to a leading economic research group.

But are these cash-rich and chain-free buyers pushing up property prices in the capital?

The BBC's Mark Jordan reports from Hong Kong, where Chinese investors are now buying over a quarter of London's newly built homes.

He spoke to Hoi Cheung from Smart Property Expo, Victoria Allan, an estate agent with Habitat Property Hong Kong, Neil Jensen from Fraser & Co Estate Agents and Gavin Sung, director of sales for Savills Asia.

Most watched

BBC © 2014 The BBC is not responsible for the content of external sites. Read more.

This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.