Developer CK Asset has proposed turning an industrial area near Hong Kong’s Sha Tin Racecourse in the New Territories into a residential area that can accommodate 4,700 flats.The flagship company of tycoon Li Ka-shing submitted an application for the rezoning of the land in the East Fo Tan Industrial Area to the Town Planning Board through a company called Hybonia Limited, according to a statement from the developer’s spokeswoman.“If the Town Planning Board approves it, CK Asset will become a…
Source : South China Morning Post
Read more…CK Asset plans to turn industrial zone near Hong Kong’s Sha Tin Racecourse into residential area with 4,700 flats, school
