Hong Kong authorities have ordered the developer of One Stanley to inspect eight more homes, including one acquired by a Mongolian mining tycoon’s family, as concerns over substandard work at the seaside luxury estate mount.
The details of the inspection were contained in a sales brochure updated by developer K&K Property on Friday and follow an announcement by the Buildings Department last month that it would conduct random checks on buildings at the estate.
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The operator of Hong Kong’s flagship San Tin Technopole has pledged to offer affordable land to attract tenants, while revealing plans to reclaim and redevelop fish ponds near the Shenzhen border to accommodate a client requiring substantial premises.
Sunny Chai Ngai-chiu, chairman of San Tin Technopole Company Limited (STTCL), on Wednesday also welcomed the proposed funding of HK$10 billion (US$1.27 billion) for the government-owned entity overseeing the technology cluster next to the mainland...