The plot on offer is the second largest at Kai Tak, Hong Kong’s former airport. Photo: Martin Chan

Hong Kong’s first commercial tender of the year, for Kai Tak plot, receives four bids despite 20 per cent drop in valuation

  • Sun Hung Kai Properties, CK Asset Holdings, K&K Property and a consortium of Sino Land and Lifestyle International Holding bid for plot at city’s former airport
  • Number of bidders is in line with expectations, analysts say
Topic |   Hong Kong property
The plot on offer is the second largest at Kai Tak, Hong Kong’s former airport. Photo: Martin Chan
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