Research
Greater Bay Area Development Plan: Implications for Hong Kong’s property market
The Chinese central government recently released the Greater Bay Area (GBA) Outline Development Plan to provide further guidance on the future development of the region. Their vision for the GBA is to further integrate the nine largest cities in Guangdong Province with Hong Kong and Macau to establish a globally recognised economic hub with a diverse industry mix.
In this paper, we will outline some of the key takeaways from the recent announcement and the potential implications for property sectors in Hong Kong - office, retail, residential and industrial.