MTR announced yesterday that the project will start today to solicit expressions of interest for the first phase of the project, December 8 to close the receipt of expressions of interest.
Comprehensive market information, the site valuation of about 4.2 billion yuan to 6.56 billion yuan, per square foot of floor space of about 3,200 yuan to 5,000 yuan.
MTR named the Little Oyster Bay project "Little Oyster Bay (Oyster Bay)" in March this year, and accelerated the launch of the land tender time.
Subsequently, in September this year, it was announced that an in-situ land exchange agreement was reached with the government, which is expected to cost a total of about $36 billion for the construction of the new Siu Oyster Bay Station, the reprovisioning of the depot, property preparation works and site formation works, and is expected to provide a total of about 20,000 units of public and private housing, about half of which will be subsidized sale housing.
The first batch of residents will move in in 2030 at the earliest, and the construction of the new railroad station is expected to start in the third quarter of 2023, to be completed and opened by the end of 2030.
When the government announced this quarter's land sale plan in September this year, it was also mentioned that it would launch a tender for the first phase of the Little Oyster Bay project, providing about 1,400 units, and there has finally been progress recently.
MTR announced yesterday that the project will be tendered from today (December 1) and the intention will be cut off on the 8th of next month.
Hong Leong consulting and evaluation of the managing director Zhang Qiaochu, large-scale planning of the first phase is generally regarded as "open cattle", developers will be more conservative bids.
According to the current announcement of MTR, the advantage of Phase 1 is that it has commercial support, which is believed to have absorbed the development experience of LOHAS Park, so the commercial elements are launched early to improve the community support, which is believed to increase the attractiveness.
