Property News · August 16, 2020

Competition heats up as Hong Kong developers take on mainland Chinese rivals to buy land next to bay area’s high-speed railway stations


Land adjacent to railway stations in the Greater Bay Area may become a battlefield for Hong Kong developers as rental income and capital appreciation from properties close to transport links are likely to generate big returns, according to property executives and agents.In the next three to five years, 18 stations – some under construction, some already operating – will be offered for tender, with high potential to be developed under the so-called transport-oriented-development (TOD) model…

Source : South China Morning Post
Read more…Competition heats up as Hong Kong developers take on mainland Chinese rivals to buy land next to bay area’s high-speed railway stations