Demand for homes in frontier town Sha Tau Kok rises after government unveils plan to develop Northern Metropolis near mainland China border

Properties in Sha Tau Kok, a sleepy town in the far north of Hong Kong, have enjoyed a spurt of popularity after the government unveiled plans to develop the northern New Territories.Home prices in the frontier town could jump by between 5 and 10 per cent in the next six to 12 months, according to Charles Lee, the co-founder of local agency STK 1 Properties and a Sha Tau Kok resident.“More people have been looking for homes [here],” said Lee, who has observed a greater sense of optimism about…

Demand for homes in frontier town Sha Tau Kok rises after government unveils plan to develop Northern Metropolis near mainland China border
Properties in Sha Tau Kok, a sleepy town in the far north of Hong Kong, have enjoyed a spurt of popularity after the government unveiled plans to develop the northern New Territories.Home prices in the frontier town could jump by between 5 and 10 per cent in the next six to 12 months, according to Charles Lee, the co-founder of local agency STK 1 Properties and a Sha Tau Kok resident.“More people have been looking for homes [here],” said Lee, who has observed a greater sense of optimism about…