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