Choi Hing Road site expected to draw keen bids

The site is expected to support roughly 570 residential units.

CBRE expects strong developer interest in a residential site at Choi Hing Road, Jordan Valley, Kowloon, citing its location, planning parameters, and policy tailwinds.

The site, identified as Lot NKIL 6674, is zoned R(A)4 with a domestic plot ratio of 7.5, or up to 9.0 for mixed-use development.

Covering approximately 3,800 square metres (around 40,900 square feet), it is expected to support roughly 570 residential units.

Hannah Jeong, CBRE’s Executive Director & Head of Valuation & Advisory Services, noted its small-to-medium scale could attract competitive bidding from developers.

Tender terms require developers to reserve part of the site for social welfare facilities, which would marginally reduce the project’s revenue-generating floor area.

However, Jeong highlighted that recent changes from the 2025 Policy Address—specifically, relaxed gross floor area exemptions for car parks—could help lower development costs, shorten timelines, and offer greater design flexibility.

The presence of nearby public housing and the inclusion of welfare facilities may influence pricing strategies and market positioning. Still, CBRE noted that the site’s regular shape should allow for efficient planning and cost-effective construction.