Swire Group’s logo seen in Admiralty, Hong Kong, on October 30, 2018. Photo: SCMP / Fung Chang
Swire Group’s logo seen in Admiralty, Hong Kong, on October 30, 2018. Photo: SCMP / Fung Chang
Swire Group

Swire Properties pays HK$1.96 billion for 13,200 sq ft plot in Wan Chai, beating 20 rivals in fierce competition

  • Swire beat out rivals such as CK Asset Holdings, Kerry Properties and Citic Pacific for the land parcel on Queen’s Road East
  • The property, which could fetch HK$33,000 per square foot when completed, is the second that must comply with Hong Kong’s 280 sq ft minimum for new units

Swire Group’s logo seen in Admiralty, Hong Kong, on October 30, 2018. Photo: SCMP / Fung Chang
Swire Group’s logo seen in Admiralty, Hong Kong, on October 30, 2018. Photo: SCMP / Fung Chang
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