New World Lends 1076 Transition Houses in Niutan Meidi

28Hse Editor  2021-11-27  #Transaction

Transitional housing has become the focus of short-term housing supply, and developers have recently responded actively. According to the latest document from the Town Planning Board, the land in Ngau Tam Mei, Yuen Long lent by New World, is now applying to the Town Planning Board to build a transitional house for a period of three years, providing 1,076 units with an area of 179 square feet and 262 square feet respectively. The 358-square-foot unit will be operated by the Christian Hong Kong Lutheran Church and is expected to be occupied by 2024.

reporter Li Zitian

According to the Town Planning Board document, the above-mentioned project is located in various lots in DD 105, Ngau Tam Mei, Yuen Long and adjacent to the government land. The land is also close to the Peak View Mansion, with a site area of 233,900 square feet, with a plot ratio of no more than 1.53 times development, of which government land occupies approximately 22,939 square feet.

The project will build 4 stratified residential buildings with a height of not more than 17 meters and 4 floors. The residential floor area involves 323,000 square feet and 1,076 units will be provided. The residential units are divided into three types, with an area of 179 square feet and 262 square feet respectively. And 358 square feet, it is expected to accommodate 2,676 people. As for the non-residential part, two buildings with a height of no more than three floors will be built, involving approximately 32,702 square feet, and the total floor area of the entire project is 355,700 square feet.

Open-plan and 1 bedroom minimum size 179 sq. ft.

According to the floor plan provided by the Town Planning Board document, the 179-square-foot and 262-square-foot residential units are open-planned and consist of a lobby, an open kitchen and a bathroom. The lobby and kitchen area of the 179-square-foot unit is approximately 140 square feet and the bathroom area is approximately 140 square feet. About 18.5 square feet, the bathroom width is only 80 cm, which is only enough for one person to pass. The bathroom area of the 262 square feet unit is similar, the difference is that the hall and kitchen are larger, about 217.7 square feet. The largest unit of 358 square feet is a one-bedroom design, with a separate bedroom, bathroom and open kitchen, and the space is also relatively spacious.

The applicant pointed out that the development plan aims to help tenants and families in unsuitable residences in the short term in response to the policy measures to increase transitional housing in the 2018 policy address. The project will be constructed using the "assembly and synthesis" construction method, which can reduce the required construction time and implement a sustainable built environment. It is expected to be completed in 2023 and occupied by 2024 or before. The initial plan is to operate for 6 to 2027.

The construction will be completed the following year using the "assembly and synthesis" method

Looking at the information, New World announced in October last year that it would use two sites at Ngau Tam Mei and Fan Kam Road for the construction of transitional housing. The two sites cover a total area of more than 300,000 square feet and are expected to be constructed in total. About 2,000 units. Last month, the developer applied to the Town Planning Board for the land for a private house. Together with adjoining government land, the land area is nearly 240,000 square feet, and the application is rezoned from the "Residential (Category C)" zone to the "Residential (Category B)" zone. , The plan is to compare development with 5 times the plot.

Lutheran Club is expected to operate for 5 years

New World revealed last year that it had provided a piece of land in Ngau Tam Mei for the construction of transitional houses. According to information from the Transport and Housing Bureau, the land is located on Xintan Road near Gaoxing Road, which is similar to the above-mentioned application for land rezoning. The project will be operated by the Christian Hong Kong Lutheran Church, with an estimated operating period of 5 years. It is reported that the above application to the Town Planning Board for rezoning as a private housing development project, New World will first develop transitional housing here.

Disclaimer: All wordings and pictures which indicated 28HSE editor are the copyright of 28HSE LIMITED. Acknowledgement is required if other parts of this publication are used. The content is for reference only, does not constitute investment advice and it does not mean that 28HSE agreed the points. The area which show in the article is salable area if there is no special circumstances. The pictures is for reference also.

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