The former Kowloon home of Hong Kong’s airport, Kai Tak, which is a core part of the city’s next central business district (CBD), will become an acquisition target as developers bet on corporates moving from Central as rents soar, according to industry experts.
Victor Lai Kin-fai, the chief executive of consultancy Centaline Professionals, said the Kai Tak new development area would overtake Tseung Kwan O – which is about 10km further east – as the biggest source of new…
Source : South China Morning Post
Read more…Former Hong Kong airport likely to become target for developers eyeing key source of land















