Oriental oil building Shen built residential materials was green light

the property market continued to improve, the consortium to actively change the land use to build housing. The City Council will consider the conversion of Lai Chi Kok Oriental Oil Building and adjacent government sites held by Orient Petroleum for commercial and residential development on Friday. The project is adjacent to Cheung Tung (1113) Development No. 1 • West Kowloon and four projects Property, providing 694 residential units, involving 278,000 square feet, the City Board said that no objection to the application.

Adjacent One South West Kowloon to build 694 partners

The consortium has made a number of 1545 square feet of Sai Ying Pun Street No. 15 to 19, and the consortium has made a number of amendments to the City Council. After repeated amendments to the project, the Town Planning Board has expressed no objection to the construction of a 27-storey hotel It is expected to offer 82 guest rooms.

In addition, the International School of Hong Kong Kelly Hill (Mount Kelly) in April this year to Xiangqi Group rent Hung Hom Cheung Chi Center, Block B, the first floor and part of the parking spaces for primary school buildings, earlier to the City Council to apply for temporary schools, Including 18 classrooms, 4 multi-purpose classrooms and teacher rooms on the ground floor and first floor. The top floor is used for outdoor activities with a total gross floor area of ​​about 22,400 square feet. The TPB file does not object to the application.

It is to be noted that the Town Planning Board also scrutinizes the Greenland Road Coconut Grove Group Building on Kwai Chung on Friday to change the industrial zone to other designated use of the columbarium. The TPB file refers to the industrial area, In 2014, the vacancy rate of industrial land in the region was as low as 1.6%, indicating the market demand for industrial land. If the industrial use is reduced by the disguised land use and the traffic load will be increased for the area, the application will be disapproved.

Kwai Chung Township Building to be converted into columbarium was opposed

The project was held by Yuan Shijie, chairman of ZTE Technology. He had planned to rebuild the project into a large columbarium as early as 2013, but the application has been opposed by residents.

Cheung Shing-chung, head of sales of the first Pacific Victoria Kowloon, said that the industrial land in Yuen Long Kam Tin reported that it was about to be sold for sale in the form of tender; the project was located at Yuen Tin, Court Sai Yee Court, the total area of ​​about 27,850 square feet. He also pointed out that according to the Urban Planning Outline Zoning Plan, the property was located at industrial grade (Grade D), with a floor area of ​​44,560 square feet. The market valuation of more than 100 million yuan, the price per square foot only about 2200 yuan, closing date for the October 19.