Property News · October 1, 2019

How a population shift driven by the Greater Bay Area plan will transform Hong Kong’s commercial and residential property landscape


Every indication suggests we are going to see a marked population shift away from Hong Kong’s traditional urban core. Specifically, this will be towards the North and North Western New Territories – places where, until the 1970s, the major occupations were rice cultivation and raising ducks.According to the Census and Statistics Department’s 2014-2024 population projections, Tuen Mun will increase by 11.8 per cent, Yuen Long by 14 per cent, and the North District by 22.8 per cent. Lantau alone…

Source : South China Morning Post
Read more…How a population shift driven by the Greater Bay Area plan will transform Hong Kong’s commercial and residential property landscape

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