Property News · December 21, 2016

Ho Man Tin Station development draws at least six bids with low land premium


At least six developers have submitted bids for the tender of a luxury residential project above Ho Man Tin MTR Station after the government offered a lower than expected land premium to drum up interest.
The project drew interest from developers including Sun Hung Kai Properties, Cheung Kong Property, Sino Land, New World Development ,Goldin Financial Holdings and Wheelock Properties before the tender closed at 2pm on Wednesday. The MTR Corp is due to announce the exact number of bidders…

Source : South China Morning Post
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