Story perspectives

Eight Bids Received for Kam Sheung Road Development

4/21/2026

Summary

Story summary

MTR Corporation announced it received eight bids for a Kam Sheung Road Station commercial and residential development, part of the Northern Metropolis project.
Analysts noted developer interest exceeded expectations.
The project aims to bolster the economy and integration with the Greater Bay Area.
The second phase includes 767,882 sq ft of residential and 438,633 sq ft of commercial space, with estimated HK$5.7 billion cost, per Vincent Cheung of Vincorn Consulting.

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Story summary

MTR Corporation announced it received eight bids for a Kam Sheung Road Station commercial and residential development, part of the Northern Metropolis project.
Analysts noted developer interest exceeded expectations.
The project aims to bolster the economy and integration with the Greater Bay Area.
The second phase includes 767,882 sq ft of residential and 438,633 sq ft of commercial space, with estimated HK$5.7 billion cost, per Vincent Cheung of Vincorn Consulting.