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Consortium wins Northern Metropolis project with HK$1.03b bid

Consortium wins Northern Metropolis project with HK$1.03b bid
South China Morning Post Monday 24 August 2026, 12:03 UTC By Edith Lin 1 min read
Key Points

A consortium of mainland Chinese-backed companies and a subsidiary of a Hong Kong developer has won the first “large-scale land disposal” project in the Northern Metropolis for HK$1.03 billion (US$132 million), with the total investment expected to reach HK$16.8 billion. The Development Bureau announced the results on Monday, awarding the tender for the 10.5-hectare development project in Hung Shui Kiu to the six-company consortium, HSK New Development Limited. It comprises China Merchants...

A consortium of mainland Chinese-backed companies and a subsidiary of a Hong Kong developer has won the first “large-scale land disposal” project in the Northern Metropolis for HK$1.03 billion (US$132 million), with the total investment expected to reach HK$16.8 billion. The Development Bureau announced the results on Monday, awarding the tender for the 10.5-hectare development project in Hung Shui Kiu to the six-company consortium, HSK New Development Limited. It comprises China Merchants Land,...
Northern Metropolis (LOCATION) Chinese (ORG) Hong Kong (LOCATION) the Northern Metropolis (LOCATION) The Development Bureau (ORG) Hung Shui Kiu (PERSON) HSK New Development Limited (ORG) China Merchants Land (ORG)
Originally published by South China Morning Post Read original →

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