QingJian Realty won the collective tender for the land at 2 Phoenix Road to 24 Phoenix Road in District 23. This existing 3-Storey building sits on a land size of 5,853 Sqm / 63,002 Sqft with 24 apartments and 12 shops. This is a 99-Years land tenure with a plot ratio of 1.4. It could be redeveloped into 80 residential units with average size of 950 Sqft subject to authorities approval.
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