He had planned to build a sugar refinery on (two) plots of land he reclaimed, immediately to the west of today's Tong Shui Road. When the reclamation was completed, the sugar price dropped drastically, so he cancelled the plan and built a residential block instead.
He had intended to build a sugar refinery on two plots of land he reclaimed, located directly west of Tong Shui Road. The completion of the reclamation led to a drop in the price of sugar, causing him to change his plans and construct a residential building instead.