London borough being dubbed the capital’s ‘new Chinatown’ - News Summed Up

London borough being dubbed the capital’s ‘new Chinatown’


Tower Hamlets has seen the capital's highest surge in Chinese homebuyers over the last five years, according to new statistics. And, as per estate agent figures, 1,119 Chinese nationals have bought homes in Tower Hamlets since 2020. He said: “A large part of the increase may be from Hong Kong residents, especially due to the British National (Overseas) visa scheme. “If I were to suggest a reason why Tower Hamlets is attractive, it may be linked to Canary Wharf. Over the same time period, the number of homes owned by Hong Kong nationals increased by 23 per cent, or 2,372.


Source: The Times January 25, 2026 13:07 UTC



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