Kwai Chung is a new town established in the 1960s and 1970s. It has been dominated by residential and industrial areas in the past, but has been gradually transformed into commercial and residential areas in recent years. Two private residential projects in the future are expected to provide nearly 2,000 supply.
Kwai Chung is part of the development of the new town in Tsuen Wan. It began to develop in the 1960s and was subsequently separated from Tsuen Wan City in the 1980s with Tsing Yi. According to the Outline Zoning Plan, the area is 1,025 hectares. The southwest is the Kwai Chung Container Terminal. The city center is the residential and industrial area of Kwai Hing and Kwai Fong, and the Yicheng Road area is the industrial area.
At present, there is a high proportion of public housing in the Kwai Chung area, including over 10 public housing estates in Kwai Chung Estate, Shek Lei Estate and Tai Wo Hau Village. The private housing and Kwai Fong Station are only Kwai Chung Plaza, Garden, private housing is limited.
The Government has now planned to redevelop a recreational and green land adjacent to Huajing Villa as a private residential development and has been included in the land sale plan. The area of the land is about 112,000 square feet and is expected to be for residential use. It is estimated that about 400,000 square feet of floor space can be built.
Tongzhen soy sauce factory to change the commercial and residential projects
In addition, the Tongzhen family, which is located at 1/7, Cheong Wing Road, Kwai Chung Industrial Estate, also applies for redevelopment of 5 residential, shopping and office applications.
The project is to build four 40-storey residential buildings with 1,336 flats and one 14-storey office mall, which is expected to be the largest private residential project in the region in recent years.
At the same time, the industrial area of Kwai Chung has also been gradually transformed. In recent years, there have been a number of commercial and commercial outlets in the region. The first group has invested in Dalian Drainage Commercial Area in July last year for 760 million yuan. The project can build about 124,000 Square feet.