Property News · April 24, 2019

MTR draws 11 bids for the priciest land plot in Lohas Park as the return of Hong Kong’s property market bull run lifts confidence


Lohas Park has drawn 11 bids for the latest phase of its residential development in the New Territories, as developers vie for the land parcel near the sole shopping centre in Hong Kong’s largest residential community.Eleven bids were submitted for the plot, which can accommodate up to 1,850 homes on 950,000 square feet (88,200 square metres) of gross floor area. That translates into more than one fifth of the 8,800 private flats expected to be built on the 15 private residential sites to be…

Source : South China Morning Post
Read more…MTR draws 11 bids for the priciest land plot in Lohas Park as the return of Hong Kong’s property market bull run lifts confidence