Property News · March 5, 2019

Everybody’s rushing for a Shenzhen address, betting tech investments will pick up in Greater Bay Area


Eric Ng runs an IT start-up in Hong Kong but he operates a back-office in Shenzhen’s IT cluster of Nanshan. He pays 12,000 yuan (US$1,793) a month in rent for a 30 square metre office in the almost 20-year-old Keyuanxi Building – 40 per cent more than the going rate in Futian – as he wanted to be in the same neighbourhood as tech giants Tencent and Huawei.Here Ng employs a staff of six for back-end programming and web development for his food takeaway app called Goforeat, which, he says, caters…

Source : South China Morning Post
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