Property News · April 24, 2017

Record 35 expressions of interest in developing Kam Sheung Road Station site, says MTR Corp


MTR Corp says there were 35 expressions of interest by developers in a plot next to Kam Sheung Road Station in Yuen Long on Monday, setting a record for property projects along the West Rail line.
The site, which could accommodate 1,652 flats covering an area of 1.23 million square feet, has an estimated valued of HK$8.4 billion, or HK$6,800 per square foot.
“It is not a surprise to see a strong response to property projects along the MTR and West Rail due to the limited supply,”…

Source : South China Morning Post
Read more…Record 35 expressions of interest in developing Kam Sheung Road Station site, says MTR Corp