MTR Corporation Limited (SEHK:66) says there have been 39 expressions of interest by developers bidding for a plot of MTR Corp land next to Wong Chuk Hang station. The site, which could potentially accommodate 800 flats totalling 576,950 square feet, is valued at HKD 8 billion to HKD 9.8 billion, or HKD 0.014 million to HKD 0.017 million per square foot. The project drew interest from developers such as Logan Property Holdings Company Limited (SEHK:3380); Cheung Kong Property Holdings Limited (SEHK:1113); Wang On Properties Limited (SEHK:1243); China Overseas Land & Investment Limited (SEHK:688); Far East Consortium International Limited (SEHK:35); Vanke Property (Hong Kong) Company Limited (SEHK:1036); New World Development Company Limited (SEHK:17); Wheelock and Company Limited; Chinachem Group Co.

Ltd.; Nan Fung Development Limited; K&K Property Holdings Ltd.; Hong Kong International Construction Investment Management Group Co., Limited (SEHK:687); Empire Group Holdings Limited; CITIC Dameng Holdings Limited (SEHK:1091); Chuang's China Investments Limited (SEHK:298) and Asia Standard International Group Limited (SEHK:129).