9/5/2018-1

Tokiwan Industrial Development Co., Ltd. applied for 48 houses

The No. 5 to 7 Muchang Street and Songhuangtai Road No. 70 to No. 78 of Tokwawan, owned by Macau’s gambling father Fu Laojiao and another consortium, have been designated as comprehensive development zones. Among them, the Fulao Family’s development blueprint submitted in 2016 for the entire development area was approved by the Town Planning Board, and it permitted the holding of 7 blocks of Muchang Street and 70 to 78 Songhuangtai Road to build two multi-storey dwellings to provide 777 guests; For the remaining Jinci Industrial Building, No. 5, Muchang Street, owned by another consortium, a 30-story tier can be built to provide 202 gangs. The owner of Jinci Industrial Building recently proposed to the Town Planning Board that without changing the total floor area and other development parameters, the number of units in the building should be reduced by 154 (approximately 76%) to 48, with a corresponding increase in unit area. .