Hong Kong property: Sun Hung Kai, Wheelock and CK Asset submit bids for Sha Tin plot

Quick Summary:

Site STTL 625, which has an area of 5,652 square metres, can support a total of 570 units.

Midland Surveyors estimated the site’s valuation at HK$1.07 billion on the basis of a land premium of HK$3,500 per square foot.

The Lands Department said it had received a total of six bids.

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Article Details

Author / Journalist: Salina Li

Category: Business

Markets: Hong KongChina

Topics: Bids Costs Total Properties Construction Lukewarm Current Land Developers Road Tender

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-25 @ 18:13:00 (6 days ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 219 words

Reading Time: 2 minutes read

Sentences: 9 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 23334154

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