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Research

Report

Government Land Sale: Fanling (FSSTL 267)


Billion Development has been awarded an industrial development site in Fanling for HKD 732.9 million, close to the upper end of market expectations. 


The former public car park is the first industrial site in Fanling to be sold via public land sale since 1992. 

Market sources suggest Billion plans to develop a high-quality industrial building on the site for the strata-titled sales market. As a requirement of the sale, Billion will also need to operate a public car park as part of the development. 

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