MTR Corp. Ltd. said 39 developers had expressed their interest in bidding for a residential site next to Wong Chuk Hang station atop the Wong Chuk Hang Depot in Hong Kong's southern district, the South China Morning Post reported.

China Overseas Land & Investment Ltd., Wheelock and Co. Ltd., Vanke Property (Overseas) Ltd., New World Development Co. Ltd., Hong Kong International Construction Investment Management group and Chinachem were some of the interested companies.

The project, which has an estimated value of up to HK$9.8 billion, can accommodate approximately 800 flats spanning a total residential floor area of 576,950 square feet. Phase one of the property is expected to be completed in 2022, according to the Jan. 23 report.