The Hong Kong Lands Department approved pre-sale consents for two new projects in February involving 1,273 units, The Standard reported Thursday.
Among the projects involved include Sino Land (HKG:0083) and CSI Properties' (HKG:0497) Yau Tong Ventilation Building Redevelpment and Sun Hung Kai Properties' (HKG:0016) Yoho West Parkside, the report said.
The Yau Tong redevelopment involves 748 units while Yoho West Parkside offers 525 units, the report said.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)