Development of a mega-sized private residential project comprising about 6,000 units in Tuen Mun, believed to be the largest in New Territories, will soon get off the ground after a HK$6.53 billion (US$836.4 million) land premium settlement was reached between Sun Hung Kai Properties and the government.
The land transaction was concluded on May 17 for the commercial-residential site at Area 54 in Tuen Mun, which could yield a total gross floor area of 2.3 million square feet, according to data…
Source : South China Morning Post
Read more…Mega New Territories housing project to begin after HK.53b land deal















