Property News · November 2, 2019

Land contributed by third-largest developer can house “some 40,000” people in transitional housing


Henderson Land Development, the third-largest developer in the world’s most expensive housing market, is to lend a parcel of land in the New Territories to the government for seven years for HK$1 to build 2,000 transitional housing units, confirming the Post’s report on Friday.The goal for the social housing project on the 428,000 sq ft parcel in Kam Tin’s Kong Ha Wai, which it calls “the biggest [such project] in Hong Kong ever”, is to house almost 10,000 families, for a total of some 40,000…

Source : South China Morning Post
Read more…Land contributed by third-largest developer can house “some 40,000” people in transitional housing

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