As many Hongkongers wade through the financial downturn that has rocked the world, a growing number are reducing overheads or riding out the crisis by moving to less expensive properties in Sai Kung.
However, 'decamping to the countryside', as some city dwellers describe the move from high-rise to low-rise, does not necessarily mean a compromise on the size of accommodation or a lowering of ones standard of living. On the contrary, while properties of any size in Sai Kung are generally cheaper to lease or buy than similar size properties on Hong Kong Island, often they are located in open space with large gardens and swimming pools, and offer stunning sea views.
Older properties, many of which have undergone extensive renovation, benefit from having large kitchens and high ceilings that help keep rooms airy on hot summer nights.
With its well-developed public transport network, Sai Kung isn't a deserted backwater lacking in amenities and attractions either. Frequently claimed by the Hong Kong Tourism Board to be 'the back garden of Hong Kong', the district is a haven for yachting, hiking, fishing, golf and the starting point for excursions to picturesque beaches.
'We have certainly been busy over the past few months helping and advising clients wanting to move to the Sai Kung district,' says Catherine Giblin, founder and relocation consultant at The Property Shop, a boutique real estate agency that specialises in Sai Kung properties. 'Recently, we have found properties for people who have either lost their jobs or decided to set up their own businesses, and see Sai Kung as an ideal place to live and work.'
Away from the bustle of downtown Hong Kong, people often find they can combine their business commitments with a diverse home and social life.
