New World Development has beaten eight other competitors to win its third business – for either office or retail use – site in Cheung Sha Wan, raising its investment in the area to nearly HK$15 billion (US$1.92 billion) in the past six months.
The Lands Department awarded the site at the junction of Wing Hong Street, Yu Chau West Street and Wing Ming Street in Kowloon, to Bonson Holdings, a wholly subsidiary of New World Development, for HK$2.97 billion, at the top-end of market…
Source : South China Morning Post
Read more…New World win third business site in Cheung Sha Wan within six months, this time or for HK.97b















