More facilities are opening up in the New Territories to serve frequent China travellers
The trend of serviced apartments springing up in decentralised districts continues to gain pace as tenants look for alternatives to suit their needs.
With the increased office and hotel developments in fringe and secondary locations, demand for serviced flats with flexible terms has been spilling over the non-core areas.
Developers have pushed ahead with projects in decentralised locations in the past few years by committing to new developments or converting residential and commercial blocks into serviced units.
For example, Hang Lung Properties converted its Grand Plaza Hotel in Quarry Bay into Grand Plaza Apartments last year to tap demand for serviced apartments.
Cheung Kong (Holdings) and Hutchison Whampoa have packaged some of the rooms in their hotel development Harbour Plaza North Point to lease as serviced flats.