The Southside draws 10 project suitors

The MTR Corporation's (0066) The Southside, phase six development project, has received at least 10 expressions of interest.

Chinachem Group, Emperor Group, Chevalier International (0025), Empire Group, CIFI (0884) and Country Garden (2007) also involved.

The Southside is on top of the Wong Chuk Hang depot, near the MTR station. The maximum gross floor area is 500,000 square feet, providing not more than 750 residential flats.

It has been valued at between HK$8.1 billion and HK$9.1 billion.