A large residential site in Kowloon’s To Kwa Wan has sold slightly below market expectations amid Hong Kong’s worsening Covid-19 outbreak.Centenary Investments Limited, a wholly-owned subsidiary of CK Asset Holdings, won two adjoining sites about eight minutes walk to the To Kwa Wan MTR Station for HK$5.99 billion (US$767.3 million), the Urban Renewal Authority (URA) said on Thursday. The price was lower than the market expectation of HK$6 billion to HK$6.8 billion.The plot may have sold below…
Source : South China Morning Post
Read more…CK Asset unit wins large residential site in Kowloon’s To Kwa Wan for US7 million, slightly below market expectations
