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Northern Metropolis

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Northern Metropolis
Carrie Lam Cheng Yuet-ngor laid down the blueprint for the Northern Metropolis in her 2021 policy address. The scheme, repackaged and expanded from an existing new town plan, involves the development of an IT hub in northern New Territories near the border with mainland China, construction of up to 186,000 homes and a new cross-border railway linking the city to the Qianhai economic zone in Shenzhen. The plan, which would take 20 years to deliver, is seen as a major strategic change for development, moving the city's centre away from Hong Kong Island to the north, to integrate the city into the latest national development plan.
Hong Kong property

Allan Zeman steers his Lan Kwai Fong Group into Hong Kong’s luxury home market

The nightlife entrepreneur is bullish on the Northern Metropolis and says he would sell his Lan Kwai Fong assets if the price was right.

Tapping into tech and talent

Hong Kong lawmakers back 5-year plan as firms urged to align with blueprint

Liaison office chief calls on mainland firms to align themselves with five-year plan and play a greater role in city’s economic development.

Lawmakers held a three-day debate on the five-year plan and the annual policy address Photo: Karma Lo
The first five-year plan was released last month. Photo: Kit Lai
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Will Hong Kong’s Northern Metropolis draw educational leasing from office sector?

Education groups leased 49,050 square metres of commercial space in the city from January 2025 to August this year, according to CBRE.

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