Hong Kong can end a string of “rotten luck” in its recent public land tenders involving the former international airport site in Kai Tak by converting them into residential use to ease the city’s chronic housing shortage, analysts said.The conversion could help the government reach its annual land-supply targets while boosting its coffers, according to Centaline Surveyors. The idea is overdue as other facilities in the area, such as the Sports Park, are springing up fast, real estate…
Source : South China Morning Post
Read more…Hong Kong’s government can turn its ‘rotten luck’ on Kai Tak land sales into a windfall for building homes, analysts say















