A general view of the site of the former St. Joseph's Home for the Aged in Ngau Chi Wan in 2014. Photo: Edward Wong/SCMP
A general view of the site of the former St. Joseph's Home for the Aged in Ngau Chi Wan in 2014. Photo: Edward Wong/SCMP

Kowloon Development to pay HK$9.66 billion premium in St Joseph’s Home for the Aged land exchange

  • The deal represents the largest land premium paid since 2017
  • Kowloon Development has sought to redevelop the St Joseph’s Home site for years before land exchange

Topic |   Hong Kong property
A general view of the site of the former St. Joseph's Home for the Aged in Ngau Chi Wan in 2014. Photo: Edward Wong/SCMP
A general view of the site of the former St. Joseph's Home for the Aged in Ngau Chi Wan in 2014. Photo: Edward Wong/SCMP
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