Kerry Properties has outbid ten other companies to win a luxury residential site at Kowloon Tong’s Beacon Hill after paying HK$7.268 billion, in the government’s most expensive land sale this year. Photo: Sam Tsang
Kerry Properties wins Kowloon Tong government site for HK$7.3 billion
Sale price at upper end of expectations. Kerry outbids 10 others to win government’s most expensive land sale this year
Kerry Properties has outbid ten other companies to win a luxury residential site at Kowloon Tong’s Beacon Hill after paying HK$7.268 billion, in the government’s most expensive land sale this year. Photo: Sam Tsang