Potential buyers visit the sales office of One Kai Tak development at Exchange Tower in Kowloon Bay on August 25. Photo: Dickson Lee Potential buyers visit the sales office of One Kai Tak development at Exchange Tower in Kowloon Bay on August 25. Photo: Dickson Lee
Potential buyers visit the sales office of One Kai Tak development at Exchange Tower in Kowloon Bay on August 25. Photo: Dickson Lee
Business /  Companies

China developer’s net profit at Hong Kong’s old Kai Tak airport to lose altitude amid turbulence in property market

  • China Overseas Land & Investment likely to net a 15 per cent profit on new parcel bought at Kai Tak, analyst says
  • Land the developer bought in 2013 returned as much as a whopping 79 per cent profit, one analyst calculates

Topic |   Hong Kong property
Sandy Li
Sandy Li

Updated: 10:36pm, 30 Dec, 2018

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Potential buyers visit the sales office of One Kai Tak development at Exchange Tower in Kowloon Bay on August 25. Photo: Dickson Lee Potential buyers visit the sales office of One Kai Tak development at Exchange Tower in Kowloon Bay on August 25. Photo: Dickson Lee
Potential buyers visit the sales office of One Kai Tak development at Exchange Tower in Kowloon Bay on August 25. Photo: Dickson Lee
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