A government pilot study into developing underground spaces in four prime locations could help to attract new entrants into Hong Kong’s retail market, according to industry experts, as increasing supply could lower rents.
But analysts suggested providing connectivity between the subterranean spaces and facilities such as MTR stations and existing shopping malls would be paramount if the concept of an “underground shopping area” is to succeed.
“Location, location and…
Source : South China Morning Post
Read more…Underground retail space in Hong Kong may lower rents, attract new entrants















