Kai Tak Tower and six commercial and residential consent is approved
Two real estate developers, Cheung Kong (01113) and Sun Hung Kai (00016), recorded impressive sales this year. In September each of them had a project approved for building plans. It is estimated that a total of more than 2,000 units will be provided.
A total of 23 building plans were approved in September for building and residential development. Commercial buildings and commercial developments accounted for 11 of the most notable increases, including the low and medium-density residential and commercial areas in 115 District, Tin Shui Wai, Yuen Long, which were acquired by Xindi in 2014 at ultra-low land prices. Adjacent to the wetland park, the site covers an area of about 693,200 square feet. It is approved to build 10 2-storey high-rise houses, 10 5-storey residential buildings and 20 10-storey residential buildings. 19,000 sq ft commercial retail floor. According to the information, there are 1840 strata residential units in the project with an area of less than 754 square feet, of which 660 are less than 431 square feet. The area of 10 detached houses is about 1,700 to nearly 2,400 square feet.
Another long-established residential site at Li Ping Road, Kau To Shan, Shatin, last last year, with a site area of about 68,000 square feet. It is planned to develop medium and large-sized flats and build 22 two-storey high-rise houses and a total of 22 connecting flat platforms 23 storey residential towers and 2 storey basement car parks. It is expected to provide medium-sized and large-scale strata units of nearly 1,000 square feet and over 2,000 square foot bungalows with a total floor area of over 244,000 square feet.
Among the five commercial development projects approved by the BD, the more prominent one should be the first commercial site sold in Kai Tak and the approved building plans.
The site is made up of two sites, covering an area of more than 150,000 square feet. Adjacent to the future Sham Shui Po Kai Tak Station and Station Square, it is a Twin Towers design which will become one of the landmark of the New Territories. At the end of last year, 01212) has invested nearly 7.4 billion yuan in a bid to build a large-scale Ginza-style commercial project. It is now on a four-storey basement, with 18 and 19 storey commercial buildings each with a total floor area of over 1 million square feet.
In addition, a total of 10 projects of construction paper were approved by the department. Among them, those involving residential uses will provide a total of about 2.441 million square feet of construction floor area, involving 3745 persons. Among the first batch of approved construction projects, there are Tai Po Whitehead The Corner Innovation Road project, developed by Bijing, houses 12 blocks of 16 to 18 storeys of high-rise buildings and provides a total of 1,408 residential units of about 300 to 3,000 square feet. According to the statistics of the department, there were 13,057 units completed in the first nine months of this year.