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CK Asset to convert Hong Kong land into 1,462-apartment development

CK Asset Holdings Ltd. plans to convert underdeveloped land in the Tai Po area of Hong Kong into a residential development that will provide 1,462 apartments.

The developer has applied to convert a 13,920-square-meter comprehensive development area in Tai Po into residential use, according to a notice from Hong Kong's Town Planning Board.

The plan involves building five residential blocks on the site.