Long renowned as an escape from the city and a residential haven for people who appreciate a slower pace of life, Lamma Island is in the middle of an eight-year facelift designed to make the island even more appealing. Popular for its seafood restaurants and the birthplace of movie superstar Chow Yun-fat, whose family still live on the island, property prices have risen sharply over the past two years, due to inflation and the island's growing commuter population. Properties can be leased from about HK$6,000 for a 700 sqft apartment to HK$18,000 for a hard-to-find, 1,400 sqft duplex. Many flats have the benefit of private outdoor space such as a garden or rooftop. Three-storey, village-style houses can be leased, starting from about HK$10,000. Lamma Island also has luxury properties, including a 2,800 sqft, six-bedroom home with en-suite bathrooms located at Po Wah Yuen, with an asking price of HK$48 million. King Wong Development, which has built several properties on Lamma, has plans to develop two bays in the southeast of the island into luxury residential areas complete with a marina. Paul Lam, King Wong's general manager, says the plan includes a six-star hotel next to a multipurpose clubhouse for hotel guests and residents. Residential flats will overlook Shek Pai Wan, a rocky bay that is part of Tung O Wan, where a yacht berth will be constructed.