Property development at Shenzhen Metro Line 4 (Longhua Line) Depot Site Lot 1 ˇV Tiara
In July 2011, the Shenzhen Municipal Government invited bidders with experience in ˇ§rail plus propertyˇ¨ development to bid for the development rights on Shenzhen Metro Line 4 (Longhua Line) Depot Site Lot 1.
The following month, MTR Corporation, through two of its wholly-owned subsidiaries, MTR Corporation (Shenzhen) Limited and MTR Property (Shenzhen) Company Limited, made a successful bid for the site. With a total site area of about 89,400 square metres, the project, named Tiara, is the Corporationˇ¦s first property development project in the People's Republic of China.
Tiara offers a total developable gross floor area of approximately 206,167 square metres. It will feature 1,698 residential units and a shopping centre of about 10,000 square metres upon completion.
Tiaraˇ¦s shopping centre and residential towers are seamlessly connected to Longsheng Station on Shenzhen Metro Line 4 (Longhua Line) via covered walkways and just around 25 minutes train ride from Futian Checkpoint.
During the first half of 2015, two batches of pre-sales were launched for 708 Tiara’s residential units, with over 99% of the units offered for sale being sold. Please click here to contact Tiaraˇ¦s team for sales details.
For more information about the Tiara project, please visit http://www.tiarasz.com.cn/en.
* Design concept illustration