Normally proximity to water in a densely populated urban area like this would mean high-priced housing. But relative to other northern areas on Hong Kong Island, most residential areas of Kennedy Town are not exorbitantly priced. Less than 20 years ago there was a slaughterhouse here that processed cattle arriving on the piers where you catch ferries nowadays, which I imagine didn't exactly lend a chic feel to this neighborhood. But change is coming. Construction started a year ago on a new subway line that will come within a couple blocks of this apartment. When it's done in another couple years, most likely a lot of the old buildings here will come down, luxury high rises will replace them, and expats will displace many of the Chinese people who now live here.
More circumstances measured in money...
More circumstances measured in money...
No comments:
Post a Comment