The government will release a residential plot in Kai Tak for sale by tender in the January to March quarter. Photo: Winson Wong
Hong Kong government to sell four plots next quarter as it looks to shore up its land sales revenue
- Three residential and one commercial plot will be offered for tender in the upcoming land sales programme
- Land sales in the current financial year are expected to be in the region of about HK$55 billion, far short of the government’s budget target of HK$118 billion
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The government will release a residential plot in Kai Tak for sale by tender in the January to March quarter. Photo: Winson Wong