Touted as Hong Kong’s next CBD, Kai Tak sites have been sought after by Hong Kong and mainland developers. Photo: Sam Tsang

Nan Fung Development smashes property records, pays US$3.16 billion for world’s costliest land site in Kai Tak

Textile company turned property developer beat out eight rival bidders for Kai Tak site, smashing previous Hong Kong record set just two weeks earlier

Topic |   Hong Kong property

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Touted as Hong Kong’s next CBD, Kai Tak sites have been sought after by Hong Kong and mainland developers. Photo: Sam Tsang
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