Valley Road Estate was a public housing estate

Public housing estate

Public housing in Hong Kong is a set of mass housing programmes through which the Government of Hong Kong provides affordable housing for lower-income residents. It is a major component of housing in Hong Kong, with nearly half of the population now residing in some form of public housing...

 in Valley Road, Ho Man Tin

Ho Man Tin

Ho Man Tin is a mostly residential area in Kowloon, Hong Kong, part of the Kowloon City District.-History:The original area of Ho Man Tin was quite different from the present-day one. It was located in the heart of nowaday Mong Kok. With cultivated lands,...

, Kowloon

Kowloon

Kowloon is an urban area in Hong Kong comprising the Kowloon Peninsula and New Kowloon. It is bordered by the Lei Yue Mun strait in the east, Mei Foo Sun Chuen and Stonecutter's Island in the west, Tate's Cairn and Lion Rock in the north, and Victoria Harbour in the south. It had a population of...

, Hong Kong

Hong Kong

Hong Kong is one of two Special Administrative Regions of the People's Republic of China , the other being Macau. A city-state situated on China's south coast and enclosed by the Pearl River Delta and South China Sea, it is renowned for its expansive skyline and deep natural harbour...

. It was originally a squatter area, but it was destroyed by fire in 1961. In 1962, the British Hong Kong

British Hong Kong

British Hong Kong refers to Hong Kong as a Crown colony and later, a British dependent territory under British administration from 1841 to 1997.- Colonial establishment :...

 Government constructed totally 16 blocks (Block 1 to 12, Block 14 to 17), namely Valley Road Government Low Cost Housing Estate , in the site. In 1973, the estate was renamed to Valley Road Estate. It was demolished in 2001 and 2002.

The MTR

MTR

Mass Transit Railway is the rapid transit railway system in Hong Kong. Originally opened in 1979, the system now includes 211.6 km of rail with 155 stations, including 86 railway stations and 69 light rail stops...

 Ho Man Tin Station, which will be an interchange station

Interchange station

An interchange station or a transfer station is a train station for more than one railway route in a public transport system, and allows passengers to change from one route to another. Transfer may occur within the same mode, or between rail modes, or to buses...

 between Kwun Tong Line and Shatin to Central Link, will be constructed in part of the vacant site of the estate. In June 2010, another part of the site was sold to Sun Hung Kai Properties at HK$10.9 billion through land auction. Its auction price was the second highest in Hong Kong property history.