Kai Tak’s commercial plot gets lukewarm response from developers
  • Commercial development of hotels, office towers and shopping centres are more capital intensive and require longer payback than building residential flats
  • Zoning regulations on the latest commercial plot requires at least a third, and up to half, of the gross floor area to be set aside for a hotel of between 480 and 800 rooms
10 May 2019 - 10:53PM