With ever improving infrastructure in the Guangdong-Hong Kong-Macao Greater Bay Area, interest of some foreign institutional investors and State-owned enterprises in real estate projects in key cities in the area has been increasing.

The trend is expected to continue in the coming six to 12 months, said Carlby Xie, research head for South China operation of Savills Property Services (Guangzhou) Co, an international real estate advisor.

Transactions led by those investors are possible mostly in Guangzhou and Shenzhen, the two key cities in Guangdong province, he said.

Changes are expected in the residential property sector, especially in youth apartment development, he said, adding that inquiries in some other categories have increased.