Exterior of Murray Road Carpark Building in Admiralty. Photo: Felix Wong
Mainland developers stay away from Hong Kong’s costliest land sale, as remittance rules bite
Nine bids were received for the Murray Road site, valued at between HK$15.7 billion to as much as HK$22 billion, which can be developed into a 30-storey office building.
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Hong Kong property
Exterior of Murray Road Carpark Building in Admiralty. Photo: Felix Wong