Ho Man Tin residential site opens for tender Friday
Thestandard · 2 SOURCESabout 3 hours ago2 MIN
Summary
A residential site on Fat Kwong Street in Ho Man Tin, listed in the 2026-27 Land Sale List, will be sold by public tender from September 4 to October 2. The plot is designated for private residential use and is expected to provide 250 flats, while the purchaser must also construct two specified government accommodation facilities.
Key Points
- The Lands Department announced on September 2 that Kowloon Inland Lot No. 11301 will be offered for public tender starting September 4 and closing on October 2.
- The Ho Man Tin site on Fat Kwong Street has an area of about 5,170 square metres and is designated for private residential purposes.
- The project is expected to provide 250 units, with a minimum gross floor area of 11,580 square metres and a maximum of 19,300 square metres.
- The gross floor area figures exclude government accommodation to be built by the purchaser: a neighbourhood elderly centre sub-base and an integrated community centre for mental wellness sub-base
- Centaline said the site’s proximity to Ho Man Tin MTR station and its location in a luxury residential area could attract strong developer interest, estimating a land value of about HK$3.15 billion at HK$15,000 per square foot
Why It Matters
The tender will be watched as a test of developer appetite for well-located urban housing land, especially a site near an MTR station in an established residential district. The sale conditions also show how new private housing projects can be tied to the delivery of community and elderly support facilities