Keen bids for last flat site at Tsuen Wan West MTR

The government's plan to boost land supply has not put a damper on property developers' eagerness to buy land.

Eight of them have bid for the last residential site at Tsuen Wan West MTR station.

"Although the government says in the policy address that there will be continuous and stable land supply in the future, tendering for this project drew a heated bidding response, with eight submissions, which shows developers are still confident about the market outlook," Midland Surveyors director Alvin Lam Tsz-pun said.

via Business feed http://www.scmp.com/business/article/1133279/keen-bids-last-flat-site-tsuen-wan-west-mtr