Property News · July 27, 2018

SHKP applies to double the size of a Hong Kong residential project to boost supply of homes


The supply of new homes in Hong Kong may get a boost if an application by developer Sun Hung Kai Properties (SHKP) to almost double the number of flats at its proposed housing project in Sai Kung and to cut unit sizes by 39 per cent is approved.
SHKP said on Friday it has applied to the Town Planning Board to increase the gross floor area of the Shap Sze Heung site, near Sai Sa Road, to 5.8 million square feet from 4.83 million, allowing it to build 9,500 flats, up from an original 4,930….

Source : South China Morning Post
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