Henderson Land Development and New World Development will be among the developers to benefit from a recent Town Planning Board ruling over Yuen Long Town South's development potential.
The board decided two weeks ago the sites zoned Residential (Group B) on the southern side of Yuen Long new town should have higher plot ratios.
Under the ruling, a 17 per cent increase in development scale is possible as plot ratios for these sites would rise from three to 3.5. However, the decision will be subject to public consultation during gazetting.
'About six to seven sites totalling 30 hectares of land will benefit from the ruling,' said board spokesman Wilson So.
Developers Henderson, New World and Sun Hung Kai Properties (SHKP) can capitalise on the change because they have land banks in the area.
Mr So said the upgraded area is within the southern side of Ma Tin Road/Ma Tong Road, the eastern side of Shan Ha Road, the northern side of Yuen Long Highway and the western side of Yau Tin Road.