Annual Report 2016
21
Execu t i v e V i ce - Cha i rman ’s Repo r t
In January 2016, the Group won the development tender of
Urban Renewal Authority’s Kowloon City Road/Sheung
Heung Road project in Ma Tau Kok. Located nearby the Ma
Tau Wai Station of the Sha Tin to Central Link of the MTR
u n d e r c o n s t r u c t i o n , t h e p r o j e c t h a s a s i t e a r e a o f
approximately 15,000 sq ft. Upon completion, the project is
expected to provide residential GFA of approximately
110,000 sq ft.
Landbank by location
Attributable
GFA
(sq ft)
Central and Western District
182,113
Eastern District
716,820
Yau Tsim Mong District, Kowloon City District
and Kwun Tong District
3,716,158
Tsuen Wan District, Yuen Long District
and Tuen Mun District
707,064
Sha Tin District and Sai Kung District
2,836,311
Others
107,920
Total
8,266,386
Agricultural landbank
by location
Total land
area
(sq ft)
Attributable
land area
(sq ft)
Yuen Long District
13,046,947 12,044,389
North District
2,615,672 2,273,672
Sha Tin District and
Tai Po District
1,983,586 1,983,586
Sai Kung District
1,357,540 1,160,529
Tuen Mun District
28,260
28,260
Total
19,032,005 17,490,436
In 2016, the Group had completed the agricultural land
usage conversions for two property development projects
located in Yuen Long town centre. The projects are YLTL524
and YLTL527 and the total site area of 55,064 sq ft with total
GFA of approximately 192,718 sq ft.
