Insights

Tag: MTR Corporation

How much will upcoming MTR developments influence district property prices?

11 Aug 2017 - The railway network in Hong Kong is said to be one of the most convenient in the world. To better serve and connect the dense population in the city, the government continually strives to expand the railway network. Many households choose to buy their homes near MTR stations for convenient access around Hong Kong which contributes t
By: OKAY.com

How will the MTR South Island Line affect the property market in Hong Kong?

21 December 2016 - Despite the reporting of possible delays in engineering works back in September, the MTR South Island Line is scheduled to open on December 28th this year. The new train line which extends from Admiralty to South Horizons in Ap Lei Chau, serves to link up new stations in the southern part of Hong Kong including Lei Tung, Wong
By: OKAY.com

8 Things You Should Know About the New South Island Line

19 December 2016 - MTR is extending its service to Southern District next week on 28th December, 2016. The new South Island Line(East) will include four stations - Ocean Park, Wong Chuk Hang, Lei Tung and South Horizons connecting to the existing Admiralty station.  1. The South Island Line (East) is a 3-car train with Fully Automatic Operation (
By: Dorothy Poon

6 Things to Know Ahead of the Whampoa MTR Opening

11 October 2016 - With moderate fanfare compared to the usual excitement in the run up to a new MTR opening, you may be forgiven for not being completely aware of the impending Kwun Tong Line extension scheduled for October 23rd 2016. Services are set to be extended from Yau Ma Tei to two new stations: Ho Man Tin and Whampoa, bringing a new mode o
By: Dorothy Poon

Rezoned land in Western District to provide 3,000 new residential units

30 March 2015 - Following the new MTR extension, new land for potential property developments in the Western District is in high demand. In the recent District Council meeting concerning the development of west Kennedy Town, the proposed rezoning plan gained general support despite some expressing their worries about the community’s carrying capac
By: OKAY.com

Western District rentals narrow gap on Wan Chai, with double-digit increase in Q1

25 March 2015 - Homeseekers used to compromise on accessibility for cheaper rent when looking for properties in the Western District. Yet the district’s rental price has recorded a significant double-digit increase since the opening of the West Island Line three months ago.According to On.cc, the average rent per square foot for The Merton and Que
By: OKAY.com

New World Development wins Tai Wai Station project

14 October 2014 - New World Development (0017) has won the development rights of the keenly-followed residential project atop Tai Wai MTR station, outbidding eight rivals including Cheung Kong Holdings (0001), Henderson Land (0012) and Wheelock Properties (0020). Henry Cheng Kar Shun, Chairman of New World Development (0017) said that the project'
By: OKAY.com

Tai Wai Station Project receives record bids for MTR Corp

16 September 2014 - After a failed tender two years ago, MTR Corporation (0066) re-launched its mega project atop Tai Wai station for tender again this month and received 23 bidding documents from developers prior to yesterday's closing. This marks the highest number of bids ever recorded for an MTR Corporation tender project. The 23 developers wh
By: OKAY.com