Property News · December 23, 2017

Can Hong Kong untie the Gordian Knot of city’s home prices?


When Far East Consortium International, a Hong Kong developer valued at one-36th of the city’s biggest builder, won a tender to build 10,000 homes in Manchester, it did so neither by the heft of its order book, nor by the size of its financial war chest: it was a comprehensive master plan that beat out five global bidders in an open tender.
The £1 billion (US$1.3 billion) project – equivalent nearly to Hong Kong’s Taikoo Shing township in size and scope – will be jointly…

Source : South China Morning Post
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