Developers pick up Kai Tak’s most valuable plot at 27 per cent discount
  • China Overseas Land & Investment, Henderson Land Development, K. Wah International Holdings and Wharf Development together paid HK$15.95 billion (US$2.04 billion) for Area 4A Site 2 at Kai Tak
  • The winning bid translates to HK$13,238 per square foot, barely meeting the lower end of valuations, which had already been cut by 20 per cent from June
14 Nov 2019 - 10:44AM