The requested research item does not exist. Please return to Research
New World Development outbid eight other contenders to win the land sale tender for a business development site in Cheung Sha Wan for just under HKD 2,97 billion. Market sources suggest the developer will construct a Grade A office building on the site, focused on science and technology industries. If New World holds the site long-term, it could become the dominant office landlord in the area, with its three commercial sites accounting for about 61% of the total Grade A stock in Cheung Sha Wan by the end of 2023.
Please fill out the form to download the report.
17 August 2017
A representative will be in contact with you shortly.
Need help? Connect with one of our experts. We look forward to helping you with your real estate needs.