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<IPO> HENDERSON LAND (00012.HK) Names Hung Hom Project 'The Arbour' Offering 1,296 Units
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The project at 1 Bailey Street, Hung Hom, jointly developed by HENDERSON LAND (00012.HK), HYSAN DEVELOPMENT (00014.HK), and Empire Group, has been officially named 'The Arbour'. The entire project is divided into four phases, involving a total of 1,296 units. Among them, the pre-sale consent for the first and third phases has been granted, involving 360 and 288 units respectively, totaling 648 units. The main unit types are two to three-bedroom layouts, with the key date set for August 31, 2027. The project is the first large-scale inland project connected to the main waterfront network within the Urban Renewal Authority's 'East Victoria Harbour' area. According to Han Jiafei, Director and General Manager of Sales (II) Department at HENDERSON PROPERTY AGENCY, the 'East Victoria Harbour' is planned from the perspective of urban renewal, with a new planning concept of 'Sea-Land-Coast' integration. It envisions a world-class quality bay area that optimally utilizes inland land, waterfront space, and bay water bodies. This includes Hong Kong's first 'merged community' (under planning), composed of eight adjacent plots, marking the first time the Urban Renewal Authority adopts a 'community development' model for a large-scale urban renewal project. (sl/j) Auto-translated by third-party software This translation was auto-generated by third-party software. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. More Details
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