A residential site in Jordan Valley was awarded to the consortium for HKD 1.61 billion, reflecting sustained improvement in market sentiment and developers’ confidence in the market outlook.
Insight
12 January 2026
Sino Land teamed up with Great Eagle to win a residential site in Jordon Valley
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The site marks Sino Land’s second successful bid of residential land sale site within five months.
The A.V. of the site reached HKD 4,339 per sq ft, in line with market expectations.
The developers will build a mass-to-medium residential project and is expected to deliver approximately 570 units.
Under the Conditions of Sale, the purchaser is required to construct GIC facilities at the site for the government and carry out slope maintenance works.