Property News · March 22, 2019

HK$10 billion Kai Tak site attracts six bids as firms say they are positive about Hong Kong housing market


Six developers have submitted tenders for a site in Kai Tak, Hong Kong’s Lands Department said on Friday, with companies saying they remained positive about the city’s housing sector following a recent pick up in prices and dovish monetary policy that has rekindled a cooling market.Among the companies vying for Area 4B Site 1 in Kai Tak are Sun Hung Kai Properties, CK Asset, Chinachem Group, K&K Property and a joint venture between K Wah International and Sino Land. A consortium of New World…

Source : South China Morning Post
Read more…HK billion Kai Tak site attracts six bids as firms say they are positive about Hong Kong housing market