trending Market Intelligence /marketintelligence/en/news-insights/trending/9G2GHz4nPajyCWakVsi2eQ2 content esgSubNav
In This List

Report: MTR, Hong Kong government partner for residential project

Blog

Post-webinar Q&A: Global Credit Risk Trends 2021 and Beyond

Blog

Shore Capital is Now Available in S&P Global’s Aftermarket Research Collection

Video

S&P Capital IQ Pro | Powered by Advanced Visualization

Video

S&P Capital IQ Pro | Unrivaled Sector Coverage


Report: MTR, Hong Kong government partner for residential project

and the Hong Konggovernment teamed up to build 980 houses on Ko Chiu Road in the Kwun Tong districtof Hong Kong, The (Hong Kong) Standard reported.

The landsurrounding the ventilation building of Yau Tong station will be combined with landto the north that belongs to the government for a two-residential building project,which will rise on a site covering around 83,000 square feet.

The PlanningDepartment has filed a development report with the Kwun Tong District Council.

The projectwill have an estimated gross floor area of around 746,000 square feet and will providea total of 980 residential units. The land in the northern area will provide 480units, while the MTR-owned land around the ventilation building will accommodate500 units, the report said.

A changeof designation for the land belonging to the government will also be proposed toallow for class A residential usage.