{"id":172420,"date":"2026-08-23T10:00:10","date_gmt":"2026-08-23T03:00:10","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/exodus-from-new-territories-brownfield-relieves-pressure-on-industrial-property-market\/"},"modified":"2026-08-23T10:30:10","modified_gmt":"2026-08-23T03:30:10","slug":"exodus-from-new-territories-brownfield-relieves-pressure-on-industrial-property-market","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/exodus-from-new-territories-brownfield-relieves-pressure-on-industrial-property-market\/","title":{"rendered":"Exodus from New Territories brownfield relieves pressure on industrial property market"},"content":{"rendered":"<p>&#013;<br \/>\nFor years, brownfield sites in Hong Kong\u2019s New Territories have hosted a range of businesses looking for cheap space \u2013 from storage depots to recycling centres to scrapyards.<br \/>\nNow, the massive Northern Metropolis project is forcing many of these brownfield tenants to relocate, lifting demand for floor space in industrial estates across the city.<br \/>\nThe wave of relocations had driven nearly 20 per cent of the new leases for industrial properties recorded so far this year, a major uplift that has&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/business\/article\/3364907\/exodus-new-territories-brownfield-relieves-pressure-industrial-property-market?utm_source=rss_feed\" target=\"_blank\" rel=\"noopener\">Exodus from New Territories brownfield relieves pressure on industrial property market<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; For years, brownfield sites in Hong Kong\u2019s New Territories have hosted a range of businesses&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-172420","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-IQY","jetpack-related-posts":[{"id":118963,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/technology-can-help-create-a-database-to-speed-up-the-development-of-1400-hectares-of-brownfield-sites-in-hong-kong\/","url_meta":{"origin":172420,"position":0},"title":"Technology can help create a database to speed up the development of 1,400 hectares of brownfield sites in Hong Kong","date":"October 20, 2020","format":false,"excerpt":"\r A think tank in Hong Kong has proposed developing eight brownfield sites situated in the New Territories (and currently planned for public housing use) into a logistics hub. By doing so, they are seeking to meet the increasing demand for logistics sites associated with the sustained growth in online\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":79760,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/you-dont-have-to-hate-cows-to-want-to-solve-the-housing-crisis-jonn-elledge\/","url_meta":{"origin":172420,"position":1},"title":"You don\u2019t have to hate cows to want to solve the housing crisis | Jonn Elledge","date":"February 13, 2018","format":false,"excerpt":"\r Defenders of greenfield land fail to mention that many brownfield sites are cut off, contaminated and unsuitable for housingIf you wanted a single fact to demonstrate that \u201cbrownfield\u201d is not always a useful term when deciding where to build houses, you could do worse than this: until a few\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":101139,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/grand-lantau-reclamation-plan-a-distraction-from-the-real-short-term-need-for-land\/","url_meta":{"origin":172420,"position":2},"title":"Grand Lantau reclamation plan a distraction from the real short-term need for land","date":"November 10, 2018","format":false,"excerpt":"\r Chief Executive Carrie Lam Cheng Yuet-ngor cites uncertainties over the government\u2019s ability to develop farmland or brownfield sites in the New Territories, and therefore says reclamation is needed to boost the land supply for housing. Her \u201cLantau Tomorrow Vision\u201d however worsens the problem by diverting away necessary resources. If\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":104687,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-government-must-consider-all-possible-options-to-address-long-term-land-supply\/","url_meta":{"origin":172420,"position":3},"title":"Hong Kong government must consider all possible options to address long-term land supply","date":"March 5, 2019","format":false,"excerpt":"\r The Hong Kong government recently accepted the recommendations proposed by the Task Force on Land Supply, providing eight options and strategy, which it considers worthy of further studies and implementation.\r\rThese options \u2013 three short-to-medium term and five medium-to-long term \u2013 can provide 3,225 hectares of land in total. The\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":74080,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/amazon-will-be-a-game-changer\/","url_meta":{"origin":172420,"position":4},"title":"Amazon will be a game-changer","date":"December 9, 2017","format":false,"excerpt":"\r New Zealand's e-commerce boom and the arrival of Amazon in Australasia will accelerate demand for warehouse space in Auckland, and drive the redevelopment of inner-city brownfield sites into \"last-mile\" delivery centres, says Scott...\r \r Source : nzherald.co.nz\/Property\r Read more...Amazon will be a game-changer","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":118957,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/landsecuk-property-house-rules\/","url_meta":{"origin":172420,"position":5},"title":"Landsec\/UK property: house rules","date":"October 19, 2020","format":false,"excerpt":"\r Retail is the country\u2019s new brownfield opportunity\r \r Source : ft.com\r Read more...Landsec\/UK property: house rules","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/172420"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=172420"}],"version-history":[{"count":1,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/172420\/revisions"}],"predecessor-version":[{"id":172421,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/172420\/revisions\/172421"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=172420"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=172420"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=172420"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}