News Snapshot:
Plans to create a booming economic and residential hub for some 2.5 million residents near Hong Kong’s border with mainland China may boost home prices in Tuen Mun, Tin Shui Wai and Yuen Long by as much as 10 per cent in 2022 and by up to half in the coming five years, say analysts. House prices in these three northwestern areas will benefit the most from the government’s Northern Metropolis scheme, thanks to the growth potential and infrastructure it provides, said Perry Fong, senior principal sales director at Centaline Property Agency. “In five years, there will be an increase...
