A view of the Kai Tak site that was won by China Overseas Land & Investment on Wednesday. Photo: Winson Wong
A view of the Kai Tak site that was won by China Overseas Land & Investment on Wednesday. Photo: Winson Wong

China Overseas Land & Investment’s US$551 million bid for Kai Tak residential plot exceeds market expectation

  • The state-owned developer can develop a gross floor area of 328,453 sq ft on the site measuring 59,719 sq ft
  • The market valuation of the plot had ranged from HK$3.28 billion to HK$3.94 billion

Topic |   Hong Kong property
A view of the Kai Tak site that was won by China Overseas Land & Investment on Wednesday. Photo: Winson Wong
A view of the Kai Tak site that was won by China Overseas Land & Investment on Wednesday. Photo: Winson Wong
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