A general view of the Kai Tak site. CR Land was among the 15 bidders for the latest plot at the site, tenders for which closed on Friday. Photo: Bruce Yan
CR Land still eyeing Hong Kong sites despite inflated prices, says parent group’s chairman
State-backed developer was beaten by mainland rivals in two recent land bids, but Fu Yuning says it still has faith in local property market
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Hong Kong land sale
A general view of the Kai Tak site. CR Land was among the 15 bidders for the latest plot at the site, tenders for which closed on Friday. Photo: Bruce Yan