24 June 2005
KCRC awards Wu Kai Sha property development project
The Kowloon-Canton Railway Corporation (KCRC) today announced that its Managing Board had approved the award of the tender for the joint venture property development at Wu Kai Sha, Ma On Sha Rail (MOS Rail) to Shine Harvest International Limited, a wholly-owned subsidiary of Sino Land Company Limited.
The proposed development is atop the northern terminus of MOS Rail. Occupying an area of 3.4 hectares, the site will produce approximately 172,650 sq. m. of gross floor area, comprising 168,650 sq. m. for residential use, 3,000 sq. m. for retail use and 1,000 sq. m. for a kindergarten.
Seven residential blocks of 40 to 48 storeys will be built on a three-storey podium over the Public Transport Interchange for Wu Kai Sha Station to provide some 2,528 residential flats.
The project will be completed in three phases, with Phase 1 anticipated to be completed in 2008.
The Wu Kai Sha Station property development is the first site for which the Corporation has invited tenders in the year.