Hong Kong developers sitting on massive holdings of farmland are expected to be the biggest winners of the government’s latest proposal to develop a new hub called Northern Metropolis.While the plan covers an area of 300 sq km, the government will develop 600 hectares (1,480 acres) of land including farmland, wetland and brownfield sites, some of which is held by developers and private owners.Sun Hung Kai Properties, CK Asset, Henderson Land and New World Development, the city’s top four by…
Source : South China Morning Post
Read more…Hong Kong’s ‘big four’ developers stand to win big from government’s proposed Northern Metropolis