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4/19 News Roundup: MTR Inviting Tenders for Kam Sheung Road Station Project, Harbour Glory to Launch 66 Additional Flats

  • By
  • Asif Ghafoor
  • April 19, 2017

MTR Inviting Tenders for Kam Sheung Road Station Project
MTR Corp Ltd is inviting expression of interest for the development of a site at Kam Sheung Road Station on the West Rail Line. The total area of the residential site is 449,000 square feet, with a maximum gross floor area of 1.237 million square feet, to provide at least 1,652 flats, with the project expected to be completed in 2025. After the invitation period running from today to Monday, MTRC will finalize a list of selected bidders to submit formal tenders for the project.

Harbour Glory to Launch 66 Additional Flats
Cheung Kong Property launched marketing of an additional 66 flats at its Harbour Glory development in North Point. Fifty of the units are three-bedroom flats, with the other 16 being two bedrooms. The most expensive will be a featured unit on the 37th floor with a rooftop deck. The flats range in price from about HK$20.8 million to HK$64 million, or HK$34,900 to HK$58,400 per saleable square foot. The unit sizes are 573 to 1,096 saleable square feet. The asking prices for the 66 flats total HK$2.5 billion, according to Wong Sze-chung, investment director at Cheung Kong Property. Sales manager Yeung Kwai-ling said the developer will launch a second round of sales at Harbour Glory on Saturday, offering a total of 143 flats.

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