Seven developers bid for HK$5.9B waterfront housing project

Seven Hong Kong developers have submitted bids for a significant waterfront residential redevelopment project in Hung Hom. This project, part of a larger urban renewal initiative, is expected to yield at least 1,200 flats and is valued at approximately US$688 million. The Urban Renewal Authority (URA) will review the submissions to select a successful bidder, who will also be responsible for providing community facilities and entering a profit-sharing agreement with the URA. AI

RANK_REASON Major real estate development project with multiple large developers bidding. [lever_c_demoted from significant: ic=1 ai=0.0]

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• Arup
• Bailey Street
• Chi Kiang Street
• China Overseas Land and Investment Limited
• CK Asset Holdings
• Hong Kong
• Hung Hom
• Kai Tak
• Meir Lamberski
• Urban Renewal Authority

• other

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