MTR (00066.HK) announced that the deadline for submitting bids for the first phase of the Tung Chung East station property development project is today (18th), with a total of 4 bids received. MTR CORPORATION will carefully consider the bids and announce the tender results later.
According to today's observations, CK Hutchison (01113.HK), Sun Hung Kai Properties (00083.HK), and Nan Fung Group have all submitted bids.
The previously unsuccessful Tung Chung East station project is located opposite the under-construction Tung Chung East station. MTR will "parcel out" the project for phased development and re-launch it. The first phase of the project is located in the southeastern part and can build a residential floor area of approximately 0.32 million square feet,预计将提供600 units, a 53% decrease in residential area compared to last year's initial launch. The overall market valuation of the project is approximately 0.32 billion to 0.48 billion, with a valuation of around 1,000 to 1,500 HKD per square foot.
