Construction is under way on several residential projects in Kai Tak, the site of Hong Kong’s former airport. Photo: Martin Chan
Construction is under way on several residential projects in Kai Tak, the site of Hong Kong’s former airport. Photo: Martin Chan

Hong Kong property firms pick up assets on the cheap from stricken mainland Chinese developers

  • A joint venture between Far East Consortium and New World snapped up land at Kai Tak from Kaisa Group for just over US$1 billion
  • Sharpview Investment recently took a majority stake in a project at Mid-Levels from China Aoyuan Group for HK$900 million

Topic |   Hong Kong property
Construction is under way on several residential projects in Kai Tak, the site of Hong Kong’s former airport. Photo: Martin Chan
Construction is under way on several residential projects in Kai Tak, the site of Hong Kong’s former airport. Photo: Martin Chan
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