Few buyers are likely to step forward to buy China Evergrande Group’s plot in the northern New Territories, which falls under the planned Northern Metropolis, because of the high land cost and lack of a detailed blueprint for the mega project, industry observers say.Last Wednesday, Chief Executive Carrie Lam Cheng Yuet-ngor proposed a new hub covering an area of 300 sq km, with an innovation and technology corridor serving as its engine. Once the entire Northern Metropolis is fully developed,…
Source : South China Morning Post
Read more…Evergrande’s bid to sell Yuen Long plot, included in Hong Kong’s proposed Northern Metropolis, draws little interest
