Hong Kong consortium shouting Huangzhu Hang station project
The Government can not stop, even if the URA or subway will cooperate with the Government to push the strategy, have launched their projects in order to make the market clear future housing supply. The first batch of the MTR station launched the intention of the second phase of the project, due to the approval of this year in February a good response, when there are as many as 14 tender entry, and always the urban land shortage, plus the subway cover Project, so very attractive, expected to be the second phase of the ideal response, competition will be quite intense.
“The second phase of the Wong Chuk Hang Station is expected to be the target of the Hong Kong consortium. It is expected that the second phase will attract more consortiums and even better than the one due to the shortage of land in the urban area. I believe that the next week when the intention to attract large and medium-sized developers to submit a letter of intent for the development of the last successful consortium of the road will once again into the book, with local developers interested in the project, so believe this Because the size of the development of the second phase and the last phase of a similar (a period of about 800, two about 600), it will be a certain attraction. The property market selling, selling new disk have made good sales, so that investors have confidence in the market outlook, the project is expected to be very intense auction. “A large real estate business refers to the last entry experience, so this The bidder will also be more aggressive, and it is expected that the consortium consortium will increase in order to reduce the risk.
The second phase of the Wong Chuk Hang Station Phase II project is a pure residential project which can build two residential buildings involving about 600 flats and is expected to be completed in 2023. As for the first phase of the project approved in February this year, two homes can be built, involving about 800 people, completed in 2022.