Chinese Consortium Wins US$1.7B Tender for Hong Kong Housing
A consortium led by Sino Land secured the tender for the Kam Sheung Road Station Phase Two development. The group plans to invest over HK$13 billion, indicating continued faith in Hong Kong's future growth.
A consortium led by Sino Land and Great Eagle Holdings, alongside two major mainland Chinese developers, has won the tender for the Kam Sheung Road Station Phase Two development, signalling continued confidence in Hong Kongβs Northern Metropolis and its long-term growth prospects. The group β which also includes state-backed developers China Overseas Land & Investment and China Merchants Land β plans to invest more than HK$13 billion (US$1.7 billion) to build high-quality residential projects...