New Town Plaza gears up for festive shopping bonanza

Business | 26 Nov 2018 2:54 pm

Sun Hung Kai Properties (0016) expects that New Town Plaza in Sha Tin will record an 8 percent increase in customer flow and double-digit rise in turnover in the busy festive shopping period from tomorrow to January 13.

Yoki Hui, senior general manager of leasing at Sun Hung Kai Real Estate Agency, said promotions fees increased by 20 percent year-on-year to HK$12 million.

Hui said the New Town Plaza recorded 8 percent year-on-year growth in customer flow and double-digit turnover growth in the first three quarters. She added that over 80 percent of retail stores are equipped to handle e-payments.

New Town Plaza is hosting an exhibition themed "Alice’s Adventure'' on the third and seventh floors, offering 20 photography spots for Instagram users.

Hui also said the city’s first Heytea, one of the most popular mainland tea shop chains, will open in the mall before Christmas day.

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