The West Kowloon Cultural District Authority has awarded a 65,000 square metre site to a unit of Sun Hung Kai Properties. Photo: Sam Tsang
The West Kowloon Cultural District Authority has awarded a 65,000 square metre site to a unit of Sun Hung Kai Properties. Photo: Sam Tsang

Lone bidder Sun Hung Kai Properties wins West Kowloon commercial plot as tough market deters rival bids

  • The Artist Square Tower Project comprises office, retail and entertainment features in the district billed as Hong Kong’s premier arts hub
  • Rival developers are likely to have been put off by a property market struggling with rising interest rates and knock-on effects from the pandemic

The West Kowloon Cultural District Authority has awarded a 65,000 square metre site to a unit of Sun Hung Kai Properties. Photo: Sam Tsang
The West Kowloon Cultural District Authority has awarded a 65,000 square metre site to a unit of Sun Hung Kai Properties. Photo: Sam Tsang
READ FULL ARTICLE