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Sign in Sign up for a FREE subscriptionMore than 30 developers flock to $700m development tender in China
A tender for a HK$5.5 billion ($700.9 million) residential project in the To Kwa Wan area, located in China’s Kowloon peninsula has attracted 31 expressions of interest, according to Mintiandi.
The Wing Kwong Street/Sung On Street Development Project is the fifth site to be tendered in To Kwa Wan in 2022 by Hong Kong’s Urban Renewal Authority (URA).
The list of interested developers include Sun Hung Kai Properties, CK Asset, Henderson Land, Sino Group and Great Eagle. Investors such as China Merchants and China Overseas Land & Investment also have shown interest in the project.
