The Hong Kong government plans to sell a 632,917 square foot plot above the West Kowloon terminal of the Guangzhou-Shenzhen-Hong Kong Express Rail Link this year. Photo: Roy Issa
Is Hong Kong’s most expensive property ever to go up for sale too costly for any single developer?
- Site atop the West Kowloon high-speed rail terminus is expected to sell for about HK$100 billion
- Developers may join consortiums to come up with enough cash and spread risk – and that may put a lid on final sales price
The Hong Kong government plans to sell a 632,917 square foot plot above the West Kowloon terminal of the Guangzhou-Shenzhen-Hong Kong Express Rail Link this year. Photo: Roy Issa