Farmland owned by companies linked to New World Development in Yuen Long, with Shenzhen’s Futian district at the back. The company holds 16 million sq ft of farmland, according to a Bank of America Merrill Lynch report. Photo: Roy Issa

Combination of Lands Resumption Ordinance, protests will adversely affect Hong Kong developers, analyst says

  • Some of Hong Kong’s biggest private developers hold about 100 million sq ft in farmland, one of the easiest sources of new plots
  • Henderson Land, city’s second-biggest developer, has the largest holding of 45 million sq ft
Topic |   Hong Kong property

TOP PICKS

Farmland owned by companies linked to New World Development in Yuen Long, with Shenzhen’s Futian district at the back. The company holds 16 million sq ft of farmland, according to a Bank of America Merrill Lynch report. Photo: Roy Issa
READ FULL ARTICLE