Developers’ frenetic bidding for land at record prices has also attracted government attention. Photo: Dickson Lee
Developers’ frenetic bidding for land at record prices has also attracted government attention. Photo: Dickson Lee

Hong Kong land prices losing their sheen

As market correction in city deepens, major mainland peers like Shanghai are fast closing gap with aggressive bidding by developers

Developers’ frenetic bidding for land at record prices has also attracted government attention. Photo: Dickson Lee
Developers’ frenetic bidding for land at record prices has also attracted government attention. Photo: Dickson Lee
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