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]
- 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
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