Ten developers bid for a commercial plot on Kai Tak, whose tender closed on Friday. Photo: Martin Chan

Hong Kong’s top builders spot a bargain as they submit tenders for Kai Tak plot whose value has been slashed

  • CHFT Advisory and Appraisal cut its estimates for the plot from between HK$4.25 billion and HK$4.5 billion to between HK$3.4 billion and HK$3.6 billion
  • Market observers expect relatively conservative bids given the current social and economic climate.
Topic |   Hong Kong property

TOP PICKS

Ten developers bid for a commercial plot on Kai Tak, whose tender closed on Friday. Photo: Martin Chan
READ FULL ARTICLE