Hang Lung to start construction on Shouson Hill Road ultra luxury project, where US consulate villas stood, by year-end

Hang Lung Properties plans to start construction by the end of this year on one of Hong Kong’s most luxurious projects on the former site of US consulate residences on Shouson Hill Road.Last September, the Hong Kong-listed developer, led by billionaire Ronnie Chan Chi-chung, picked up the parcel at 37 Shouson Hill Road on which six multistorey villas stood for HK$2.56 billion (US$330 million), or HK$54,138 per square foot.“We won’t squeeze too many flats on the site, which is quite small;…

Hang Lung to start construction on Shouson Hill Road ultra luxury project, where US consulate villas stood, by year-end
Hang Lung Properties plans to start construction by the end of this year on one of Hong Kong’s most luxurious projects on the former site of US consulate residences on Shouson Hill Road.Last September, the Hong Kong-listed developer, led by billionaire Ronnie Chan Chi-chung, picked up the parcel at 37 Shouson Hill Road on which six multistorey villas stood for HK$2.56 billion (US$330 million), or HK$54,138 per square foot.“We won’t squeeze too many flats on the site, which is quite small;…