Property News · October 27, 2021

Demand for homes in frontier town Sha Tau Kok rises after government unveils plan to develop Northern Metropolis near mainland China border


Properties in Sha Tau Kok, a sleepy town in the far north of Hong Kong, have enjoyed a spurt of popularity after the government unveiled plans to develop the northern New Territories.Home prices in the frontier town could jump by between 5 and 10 per cent in the next six to 12 months, according to Charles Lee, the co-founder of local agency STK 1 Properties and a Sha Tau Kok resident.“More people have been looking for homes [here],” said Lee, who has observed a greater sense of optimism about…

Source : South China Morning Post
Read more…Demand for homes in frontier town Sha Tau Kok rises after government unveils plan to develop Northern Metropolis near mainland China border