PAUL HART

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Swire Properties' swoop for Kowloon Bay site a good sign for CBD2

Swire Properties last week outbid 16 other developers to win a commercial site at the junction of Wang Chiu Road and Lam Lee Street, Kowloon Bay, for HK$2.64 billion. The bid represents an accommodation value of HK$4,753 per square foot.

7 May 2015 - 4:01PM

Swire Properties last week outbid 16 other developers to win a commercial site at the junction of Wang Chiu Road and Lam Lee Street, Kowloon Bay, for HK$2.64 billion. The bid represents an accommodation value of HK$4,753 per square foot.

Swire Properties' swoop for Kowloon Bay site a good sign for CBD2