The ongoing protests in Hong Kong have dampened property developers’ participation in land tenders. Photo: AP Photo
Kai Tak runway parcel tender receives muted response even after valuation is cut by 15 per cent
- Only Sun Hung Kai Properties, CK Asset and two consortiums led by Sino Land and China Overseas Land & Investment submit bids for sea-facing parcel on the runway of Hong Kong’s former airport
- Knight Frank cuts valuation for the plot by 15 per cent to HK$19.8 billion
Topic |
Hong Kong property
The ongoing protests in Hong Kong have dampened property developers’ participation in land tenders. Photo: AP Photo