An aerial view of the former Kai Tak airport. Photo: Winson Wong
Hong Kong budget: five commercial land parcels at old airport may be used for private housing
- Plots at Kai Tak include three the government failed to sell after developers’ bids failed to meet undisclosed reserve price
- But experts warn development of the prime area in heart of Hong Kong must be balanced as too much housing could lead to problems such as traffic jams
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Hong Kong budget 2021-2022
An aerial view of the former Kai Tak airport. Photo: Winson Wong