The site could yield a gross floor area of 2.7 million sq ft of residential space with 2,900 flats, and 600,000 sq ft of shopping space. Photo: SCMP
The site could yield a gross floor area of 2.7 million sq ft of residential space with 2,900 flats, and 600,000 sq ft of shopping space. Photo: SCMP
Property /  Hong Kong & China

New World wins 'sweet deal' MTR Tai Wai project

With land premium cut to HK$10.36 billion, the developer just needs to invest HK$2.86 billion upfront to build 2,900 flats at the train station

Topic |   Hong Kong MTR
Sandy Li
Sandy Li

Updated: 5:06pm, 7 May, 2015

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The site could yield a gross floor area of 2.7 million sq ft of residential space with 2,900 flats, and 600,000 sq ft of shopping space. Photo: SCMP
The site could yield a gross floor area of 2.7 million sq ft of residential space with 2,900 flats, and 600,000 sq ft of shopping space. Photo: SCMP
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