Group 1 - The land parcel in Ngau Tau Kok has received at least 9 bids, indicating strong interest from various developers including Sun Hung Kai Properties, China Overseas Land & Investment, and K Wah International [1] - The area is well-equipped with amenities and has seen limited supply in recent years, suggesting a high demand for residential projects [1] - The land parcel is valued between HKD 11.4 billion to HKD 18 billion, with a price per square foot ranging from HKD 4,000 to HKD 5,930 [1] Group 2 - The Town Planning Board has revised the zoning of the land from "Government, Institution or Community" to "Residential (Group A) 4," allowing for residential development [2] - The proposed project includes a 30-story residential building with 420 units, accommodating approximately 1,092 residents, and is expected to be completed by 2031/2032 [2] - The site has a total area of approximately 33,713 square feet, with a maximum residential floor area of 252,851 square feet [1][2]