Tenant mix in prime districts such as Causeway Bay is fast losing its variety due to surge in rents, local retailers are attracted to Kwun Tong, Chai Wan and Kwai Chung, where industrial buildings are being converted into shops and offices without paying the land premium levy under a government scheme.

Industrial districts with a retailing twist

Low rents at new malls converted from old industrial buildings lure small shops

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Tenant mix in prime districts such as Causeway Bay is fast losing its variety due to surge in rents, local retailers are attracted to Kwun Tong, Chai Wan and Kwai Chung, where industrial buildings are being converted into shops and offices without paying the land premium levy under a government scheme.
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