Property News · February 5, 2021

Bids for US$970 million Mansfield Road plot on Peak in line with expectations, hint at optimism, analysts says


The five bids for a rare plot of land in Hong Kong’s upmarket The Peak district were in line with expectations and hinted at optimism about the city’s luxury residential market, analysts said.The government tender for the plot at 9 and 11 Mansfield Road closed on Friday, and could fetch up to HK$7.5 billion (US$970 million). The land is next to 2,4,6 and 8 Mansfield Road, where some of Hong Kong’s civil servants were previously housed.“The number of bids was within my expectations of between…

Source : South China Morning Post
Read more…Bids for US0 million Mansfield Road plot on Peak in line with expectations, hint at optimism, analysts says

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