Property News · March 1, 2019

Sun Hung Kai speeds up Greater Bay Area expansion, buys site in Guangzhou’s Nansha district for US$178m


Sun Hung Kai Properties, Hong Kong’s most valuable builder, said that it has bought a commercial plot near the high-speed railway station in Nansha – the geographic heart of the Greater Bay Area in Guangzhou – for 1.19 billion yuan (US$178 million).The site, close to Qingsheng station on the Guangzhou-Shenzhen-Hong Kong Express Rail Link, will yield a gross floor area of 262,619 square metres, according to Guangzhou Public Resources Trading Center, a department of Guangdong province that…

Source : South China Morning Post
Read more…Sun Hung Kai speeds up Greater Bay Area expansion, buys site in Guangzhou’s Nansha district for US8m