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
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

Sandy Li
Sandy Li

Updated: 8:14am, 9 Aug, 2019

Why you can trust SCMP
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
READ FULL ARTICLE