Sun Hung Kai Properties, Hong Kong’s biggest developer by market value, has offered three parcels of its land bank for the construction of 2,000 homes to help ease a housing crisis in the city.The three parcels cover 400,000 square feet in Yuen Long, Kam Tin and Kwun Tong, and one of them will be loaned for HK$1 for eight years, the company said in a briefing on Friday. The latest offer adds to a pool of land bank the government has identified for supplying 10,000 so-called “transition homes”…
Source : South China Morning Post
Read more…Sun Hung Kai Properties offers three parcels of land to help ease Hong Kong housing crisis amid social unrest















