Property News · February 17, 2017

HK government’s Ap Lei Chau residential site tender gets bids from 14 developers


The Hong Kong government’s tender of a residential site in Ap Lei Chau on Hong Kong island has attracted good response, with 14 bids received from local and mainland developers
The waterfront site, which could yield a total gross floor area of 762,091 square feet, can accommodate 1,400 units of 540 square feet in size, and is estimated to fetch prices of HK$7.6 billion to HK$11.4 billion or HK$9,972 per square foot to HK$15,000 per square foot.
Hong Kong developers Cheung Kong Property (…

Source : South China Morning Post
Read more…HK government’s Ap Lei Chau residential site tender gets bids from 14 developers