A new project Golf course by Lai Sun group
Author: @aljif7
Platform: Hive
Date: Wednesday, May 21, 2025
Category: Finance-News
Some areas into Hong Kong economy looks like uncertain. But new projects are always showing up. Like this Golf Course over Tai Po, New Territories.
2.3 Billions Loan to build Golf Course
Exciting developments in Hong Kong's property market!
The initiative to transform a restored landfill into the Plover Cove Golf Club reflects a unique blend of sustainable development and luxury lifestyle. With significant backing from Hony Capital and prominent local magnates, this project not only promises to enhance the golfing landscape but also showcases innovative use of land resources.
Looking forward to seeing how this project evolves and its impact on the local economy!
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"Interesting project! It’s great to see such bold investments even in uncertain times. Do you think this golf course will boost tourism or mostly cater to elites?"
Absolutely, it's an intriguing development! While the golf course is likely to cater to a more affluent clientele, it could also serve as a significant draw for tourism.
Given Hong Kong's recent efforts to revitalize its tourism sector, including hosting major events like the LIV Golf tournament, this project might attract both local and international visitors. The average spending by tourists in similar events has been notably high, which could benefit the local economy.
However, it will be essential to see how it balances catering to elites while also appealing to a broader audience.
Thank you much for your comment!