Applications for subsidised apartments have totalled a little over 500 so far in 2023, a sharp drop compared to previous years.
New Urban Zone A
The line will connect six stations upon its expected completion in 2028, from the Taipa Ferry Terminal up to the Border Gate.
Most of the units have two bedrooms, but prices for the newly built flats will not be disclosed until the fiercely competitive selection process has started.
Proposals for the works to be conducted on Lot B4 of the New Urban Zone A were unveiled on Tuesday by the Infrastructure Development Office (GDI). A total of 19 proposals have been received for this tender. The government expects work will commence in the fourth quarter of this year.
