The Urban Renewal Authority is to redevelop Kai Ming and Wing Kwong streets in To Kwa Wan. Photo: Edward WongThe Urban Renewal Authority is to redevelop Kai Ming and Wing Kwong streets in To Kwa Wan. Photo: Edward Wong
The Urban Renewal Authority is to redevelop Kai Ming and Wing Kwong streets in To Kwa Wan. Photo: Edward Wong

Squeezed out: Under-fire HK developers seek redevelopment value in old properties

Mainland developers snapped up about 30 per cent of all the government sites sold last year, property consultant Cushman & Wakefield says. Statistics indicate their share in the land market was about 40 per cent by value.

Topic |   Weekend Property
The Urban Renewal Authority is to redevelop Kai Ming and Wing Kwong streets in To Kwa Wan. Photo: Edward WongThe Urban Renewal Authority is to redevelop Kai Ming and Wing Kwong streets in To Kwa Wan. Photo: Edward Wong
The Urban Renewal Authority is to redevelop Kai Ming and Wing Kwong streets in To Kwa Wan. Photo: Edward Wong
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