Property Development

The West Rail Tsuen Wan West Station TW6 Property Development (the “TW6 Project”), in which the Group owns a 20% interest, involves development of a land lot located near the West Rail Tsuen Wan West Station, Tsuen Wan, New Territories, Hong Kong. Upon completion of the development, residential building(s) with a total gross floor area of no less than approximately 405,000 square feet and no more than approximately 675,000 square feet will have been constructed. The total number of residential units available in the development shall be no less than 894, of which not less than 520 residential units shall each be in the size of not exceeding 538 square feet in saleable area. The project is expected to be completed in 2018.

Last updated: September 2015