A consortium formed by Sino Land, China Overseas Land & Investment and K. Wah International won development rights for a residential project at West Rail’s Kam Sheung Road station in Yuen Long with an upfront lump sum payment of HK$8.33 billion (US$1 billion).
MTR Corp said Grand Ample, formed by the three partners, won the tender to develop phase one of the project.
“The winning bid is at the high end of the market expectations,” said Victor Lai, chief executive of…
Source : South China Morning Post
Read more…Hong Kong, mainland consortium bids HK.33b to win Kam Sheung Road station site















