Property News · February 27, 2017

Plot of MTR Corp land next to Wong Chuk Hang station on Hong Kong island draw at least 13 bids


At least 13 bids have been submitted by developers have bid for plot of MTR Corp land next to Wong Chuk Hang station, and the old Wong Chuk Hang Estate on Hong Kong island, the tender for which closed at 2pm on Monday.
The site which could potentially provide a total floor area of 576,950 square feet, has been estimated to be worth HK$8 billion to HK$9.8 billion, or HK$14,000 to HK$17,000 per square foot.
The project drew bids from interest from Hong Kong developers such as Cheung Kong Property…

Source : South China Morning Post
Read more…Plot of MTR Corp land next to Wong Chuk Hang station on Hong Kong island draw at least 13 bids