Property News · January 5, 2017

China Overseas Land raises Kai Tak apartment prices by 20 per cent


China Overseas Land & Investment (Coli) has raised the sale price of its latest apartments by 20 per cent on average, setting an aggressive and discordant tone during an election year with the Hong Kong government’s pledge to make housing more affordable.
The first 125 units of One Kai Tak Phase Two, built on the city’s former airport site, will be offered between HK$17,414 per square foot and up to HK$26,013 per sq ft.
After taking into account a 14.5 per cent rebate, the price…

Source : South China Morning Post
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