The New Central Harbourfront Site 3, which will be sold in the July to September quarter. Photo: Felix Wong The New Central Harbourfront Site 3, which will be sold in the July to September quarter. Photo: Felix Wong
The New Central Harbourfront Site 3, which will be sold in the July to September quarter. Photo: Felix Wong

Hong Kong land sale

Business

Hong Kong to sell ‘iconic’ site on Victoria Harbour in coming quarter to boost market confidence

  • Bids will be weighed 50-50 for design and price, development secretary says
  • Plot is currently valued at HK$40 billion, about a fifth lower than what its value was in January

Topic |   Hong Kong land sale
Pearl Liu
Pearl Liu

Updated: 11:59pm, 26 Jun, 2020

Why you can trust SCMP
The New Central Harbourfront Site 3, which will be sold in the July to September quarter. Photo: Felix Wong The New Central Harbourfront Site 3, which will be sold in the July to September quarter. Photo: Felix Wong
The New Central Harbourfront Site 3, which will be sold in the July to September quarter. Photo: Felix Wong
READ FULL ARTICLE