Kowloon renewal

Hong Kong’s Urban Renewal Authority received seven bids for a waterfront residential project in Hung Hom from major developers, despite a subdued land market. A tender review panel will assess the submissions before the board decides on the successful applicant.

Hong Kong’s Urban Renewal Authority received seven tender submissions for a major waterfront residential redevelopment project in Hung Hom. The bids came from some of the city’s largest developers despite a subdued land market, with a tender review panel to assess the proposals.