Hong Kong’s failure to provide sufficient land for private housing is expected to keep competition alive among small and medium-sized developers in this quarter’s land-sale programme, just as the city’s property market is turning rosy again.The government will offer two parcels of land for public tender in the July-to-September quarter, enough to provide only 200 flats in an under-supplied housing market. The plots at Kowloon Tong and Yuen Long could see keen bidding, with one analyst raising…
Source : South China Morning Post
Read more…Hong Kong’s second-quarter residential land tenders set to fuel bidding war amid supply squeeze















