MTR (HKG:0066) received eight bids for its Kam Sheung Road Station Phase 2 project on Monday after attracting 31 expressions of interest, The Standard reported Monday.

The site is valued at HK$3.62 billion to HK$7.24 billion, or HK$3,000 to HK$6,000 per square foot, and is expected to provide about 1,290 flats across 1.21 million square feet, according to the report.

Bidders included CK Asset (HKG:1113), Henderson Land (HKG:0012), Sun Hung Kai Properties (HKG:0016), K. Wah International (HKG:0173), and Wheelock Properties, among others, the report said.

MTR also plans to launch the tender for Tuen Mun A16 Station Package 2 after conducting market consultation this month, the report added.

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