Metro Central was heavily marketed in HK as it was completing prior to the UK handover, when many HKers wished to leave. The success of that strategy has evidently influenced developers (including brookfield at strata). It's also very much easier to get financing in asia at the moment.
That's not a very usual search for HK investors; advertised in TheStandard with the presentation in the LKF Hotel. Not really tapping the Market unless you use SCMP and hold a reception in the Mandarin!!
Quite surprising really considering it's only a 9 unit development. When I was shuttling back and forth in 2005/6 I was surprised that the Tanneries, as it was then marketed, on the corner of Weston Street and Long Lane was being sold in Centeal. The Park Pkaza was sold as an aparthotel in One Westminster Bridge which carries prestige.
Not sure I would want to be locked into such a small development on the other side of the world. HK investors are used to significant staged payments during construction (unlike UK buyers who'll pay a deposit only) so that there is a greater financing benefit for the developer. Hence the attraction. Absence of capital gains tax also helps for the early flip!
In 1997 when the British were getting out of Hong Kong and the Hong Kong Chinese were very anxious about what would happen with the mainland China takeover, they were more than keen to get their money out to London or Vancouver. Metro Central Heights was marketed to them as being "just around the corner from Covent Garden". We do indeed have a lot of Chinese people in MCH but how many are opera fans I dont know...but it's a lot of corners to Covent Garden that's for sure.