22 June 2004
KCRC’s property projects
With regard to the schedule for the development of the property projects along the West Rail and Ma On Shan Rail alignments, the Kowloon-Canton Railway Corporation (KCRC) said that the Corporation had submitted the proposals to the Government. The Corporation is co-ordinating with the Government and awaiting its final approval of the proposals.
All along KCRC has been, and will continue to be, supportive of the Government policy and shares the common goal for a co-ordinated plan for property developments. KCRC believes that the projects concerned should not create any negative impact on the local property market.