Aerial view of the Kai Tak Sports Park under construction in Kowloon Bay. Photo: Roy Issa
Far East picks up ‘smallest’ land plot at Kai Tak at discount, as public unrest deters developers from long-term investments
- Far East Consortium has won the tender for the commercial plot next to the proposed Kai Tak Sports Park at a discount to valuers’ expectations
- Far East will pay HK$2.45 billion, or HK$7,100 per square foot, for the plot
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Hong Kong property
Aerial view of the Kai Tak Sports Park under construction in Kowloon Bay. Photo: Roy Issa