Residential Site

Strong bidding interest expected for luxury site in Ho Man Tin

The 83,033 sq ft site at the junction of Fat Kwong and Sheung Foo streets

The 83,033 sq ft site at the junction of Fat Kwong and Sheung Foo streets could fetch between HK$3.8 billion and HK$4.38 billion, according to four surveying firms polled by the South China Morning Post.

Wednesday, 5 June, 2013, 4:40am

Analysts expect keen interest in Kai Tak sites despite rule only locals can buy flats

Developer interest remains keen in two residential sites up for tender in Kai Tak. Photo: ISD

Developer interest in two residential sites up for tender in Kai Tak this week is likely to remain keen, say surveyors, despite the condition that flats built on the sites may be sold to Hong Kong people only.

29 May 2013 - 3:21am

Sham Shui Po lane getting in way of private flats, court told

The legal battle centres on a disagreement over ownership of a back lane cutting across the site.

The legal battle centres on a disagreement over ownership of the back lane, which is surrounded by old buildings on the 45,000 square foot site on Berwick Street facing St Francis of Assisi Church.

8 May 2013 - 5:54am

Two home sites to go out for tender

Tseung Kwan O

The government will put two residential land sites - one in Tseung Kwan O and another on Lantau Island - up for sale next month in a tender that is expected to fetch a total of up to HK$4.14 billion.

25 Apr 2013 - 6:15am

Town Planning Board no lapdog

Lee Wai Lee campus

When I listened to the Town Planning Board discussion on the rezoning of the site of the former Lee Wai Lee campus, on January 25, I found that despite many board members having great reservations about the rezoning from government, institution and community (GIC) to residential use, the decision by the chairman in the end was nevertheless to proceed with a public consultation, without seeking a vote by the members in attendance.

25 Apr 2013 - 3:03am

Wheelock pays HK$2.5b for Tseung Kwan O site

Stewart Leung Chi-kin, chairman of Wheelock. Photo: SCMP

Wheelock Properties yesterday outbid eight developers to win a residential site in Tseung Kwan O for HK$2.45 billion for what is to be its third development in the district.

11 Apr 2013 - 5:07am

Sun Hung Kai pays more than expected for luxury site; Cheung Kong cuts prices

Sun Hung Kai Properties won a HK$4.14 billion auction for a residential and a hotel site on Wednesday. Photo: Felix Wong

Sun Hung Kai Properties won a luxury residential site at Kau To Shan in Sha Tin, paying a higher-than-expected HK$1.42 billion. It's a sign the appetite of big developers for high-end sites has not been curbed by the government's market-cooling measures.

28 Mar 2013 - 4:27am

Surveyors lower valuation on Sha Tin residential site amid cooling measures

A view of the site near the North Point Ferry Pier that has been opened for tender. Surveyors remain positive on bidding competition for the future hotel site. Photo: David Wong

The government released the residential site in Sha Tin's Kau To Shan and a hotel site in the former North Point Estate on the harbour front in front of Java Road Municipal Services Building for tender in January. The tender period closes on Friday.

20 Mar 2013 - 5:22am

Kerry win shows low prices being offered for sites

The site was sold to Kerry Properties for HK$11.69 billion.

Kerry Properties has won a Ho Man Tin luxury residential site with a market-expected price of HK$11.69 billion, but the price is 18 per cent less than a neighbouring site sold for nearly three years ago.

14 Mar 2013 - 6:41am

2 community sites in Sai Kung to be used for flats, town planners say

The land, located near the Sai Kung town centre, is to be converted from community use to housing. Both sites combined are expected to yield almost 380 public flats.

9 Mar 2013 - 5:03am

Redevelopment of Ho Man Tin to increase flat supply

Celestial Heights in Ho Man Tin. Photo: Jonathan Wong

The district is now undergoing some changes, with the site of the Valley Road Estate site sold to Sun Hung Kai Properties for HK$12,000 per buildable square foot in 2010, and that of the Ho Man Tin Estate on Sheung Lok Street open for tenders, Cheung said. Redevelopment of both these sites will provide more private flats.

6 Mar 2013 - 4:40am

Cooling measures not seen as affecting prices for development sites

This site at the junction of Sheung Lok Street and Sheung Shing Street in Ho Man Tin, Kowloon, is one of the few prime central sites available to homebuilders. Photo: Nora Tam

Their valuations have not been affected by the doubling of stamp duties on properties worth HK$2 million or more, and tighter conditions for lending, announced on February 22 nor the scrapping last week of the land application list system.

7 May 2015 - 12:48pm

Sites behind flats boost smaller than tennis court

Green Sense president Roy Tam Hoi-pong. Photo: K.Y. Cheng

At least two of the building sites touted by the government as the answer to easing the city's housing problems are smaller than a tennis court, a conservation group has discovered.

4 Mar 2013 - 5:08am

Developers make no bids for MTR Corp's Tin Shui Wai homes site

Kingswood Villa, Tin Shui Wai. Photo: Edward Wong

MTR Corp has withdrawn its residential site in Tin Shui Wai from tendering, as no developer submitted a bid for the site by the deadline yesterday. Surveyors said the land premium charged by the Lands Department was too high.

21 Feb 2013 - 6:07am

Tin Shui Wai site set to attract large and small bidders

The residential site is near Tin Wing light-rail station.

Tenders will close today for the 196,248 sq ft site near the Tin Wing light-rail station. According to the MTR Corp, the site can yield a total gross floor area of about 979,500 sq ft, of which more than 99 per cent will be designated for building about 1,600 flats.

20 Feb 2013 - 4:40am