What is the total project size for new development in Hong Kong?

The total project size for new development in Hong Kong is generally characterized by significant dimensions due to the high density and urban nature of the area. In this context, a project size of 20,000 sqm aligns with the typical scale used in major developments within Hong Kong, which often require substantial space to accommodate residential or commercial units due to land scarcity.

A project size of 20,000 sqm reflects the common size range for mid to large-scale developments in an urban setting like Hong Kong. Such dimensions allow for effective integration into the densely populated infrastructure while also meeting various zoning and regulatory requirements.

In contrast, options like 15,000 sqm, 18,000 sqm, and 22,000 sqm may not match the customary project sizes that developers pursue in this specific geographic context. While some smaller developments may exist, they often do not represent the standard scale for significant new projects, which would tend to start from around 20,000 sqm or higher to ensure economic viability and sufficient return on investment. Thus, the choice of 20,000 sqm reflects a practical and realistic estimate of new development sizes in Hong Kong.