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Northern Metropolis: A vision for all

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Hong Kong CVAS Senior Living 220526 1536x1040

As elderly accommodation remains scarce, now is the time for the government to enable the game-changing opportunities in the Northern Metropolis

 
Hong Kong has a shortage of accommodation for the elderly. There are only 1,500 places in the private or subsidised market, even though 2.1 million residents are currently over the age of 60. This shortage has put strain on society, but what can be done?

Utilising the Northern Metropolis, which offers a wealth of land and new opportunities, there is chance to focus on the needs of the elderly by creating a dedicated New Development Area, which would also position Hong Kong as a pioneer in this rapidly growing market - a win-win for everyone.

This paper takes a holistic approach to our ageing society and reveals solutions that benefit all stakeholders. It provides a direct call to action for the government to create a platform for investors, developers and operators to develop workable solutions.

If you would like to know more, don’t hesitate to contact our experts Hannah Jeong and Stella Ho.


Hong Kong CVAS Senior Living 220526 1024x972

Northern Metropolis: A vision for all

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Hannah Jeong

Head of Valuation & Advisory Services

Valuation & Advisory Services

Hong Kong

Hannah Jeong has extensive valuation & advisory services experience over 15 years including property investment and development projects specialising in valuation, development consultancy, financial analysis and feasibility studies. Project’s geographic coverage span across Asia Pacific and Middle East, in particular Hong Kong, China and Korea. She has started her career with Colliers since 2006 and is now heading our Valuation and Advisory Services - Hong Kong Office with over 40 professionals.

Hannah has strong client coverage on major financial institutions including global real estate funds and private equity firms.

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Stella Ho

Executive Director

Valuation & Advisory Services

Hong Kong

Stella is a professional general practice surveyor.

She is a member of the Hong Kong Institute of Surveyors and a Registered Professional Surveyor (General Practice) under the Surveyor Registration Ordinance (Cap. 417) in Hong Kong; A member of the Royal Institution of Chartered Surveyors and an RICS Registered Valuer;  A member of China Institute of Real Estate Appraisers and Agents (MCIREA) and a Registered Real Estate Appraiser PRC; She is also a Listed Valuer for undertaking valuation for incorporation or reference in listing particulars and circulars and valuations in connection with takeovers and mergers.

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