The sale of a prime plot on the runway of Kai Tak, Hong Kong’s former airport, which fell through in June, will become the first plot to see revised tender rules. Photo: Winson Wong The sale of a prime plot on the runway of Kai Tak, Hong Kong’s former airport, which fell through in June, will become the first plot to see revised tender rules. Photo: Winson Wong
The sale of a prime plot on the runway of Kai Tak, Hong Kong’s former airport, which fell through in June, will become the first plot to see revised tender rules. Photo: Winson Wong

Hong Kong property

Business

Hong Kong government doubles deposit for land tenders to HK$50 million after Goldin’s abandoned Kai Tak sale

  • The new deposit amount of HK$50 million applies to land valued at HK$400 million or more
  • Rule comes into effect immediately

Topic |   Hong Kong property
Sandy Li
Sandy Li

Updated: 8:14am, 9 Aug, 2019

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The sale of a prime plot on the runway of Kai Tak, Hong Kong’s former airport, which fell through in June, will become the first plot to see revised tender rules. Photo: Winson Wong The sale of a prime plot on the runway of Kai Tak, Hong Kong’s former airport, which fell through in June, will become the first plot to see revised tender rules. Photo: Winson Wong
The sale of a prime plot on the runway of Kai Tak, Hong Kong’s former airport, which fell through in June, will become the first plot to see revised tender rules. Photo: Winson Wong
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