A tender for a large piece of land to be used for a logistics site in northern Hong Kong attracted five bids on Friday, the government’s Development Bureau said, slightly fewer than analysts had expected for what was the first such site offered by tender in five years.
The 340,870 sq ft site on Siu Lang Shui Road, Tuen Mun, opposite the River Trade Terminal container port, has a plot ratio of 2.5 times and is expected to yield a total gross floor area of 852,000 square feet for…
Source : South China Morning Post
Read more…Five developers submit bids for Hong Kong logistics site
