Residential sites for sale on the former runway of the converted Kai Tak airport enjoy commanding waterfront views. Photo: Roy Issa
Sigh of relief as second plot on Hong Kong’s Kai Tak runway fetches more than first
- The higher price reflects the new site’s superior views, not a recovery in land prices, says senior analyst
- Goldin Financial won the tender for the second residential site on the runway of Kai Tak airport for HK$8.9 billion (US$1.14 billion)
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Hong Kong property
Residential sites for sale on the former runway of the converted Kai Tak airport enjoy commanding waterfront views. Photo: Roy Issa