Property News · November 18, 2016

Kai Tak commercial site attracts at least eight bidders


At least eight bids have been submitted for the tender of a large commercial site in Kai Tak, home to the decommissioned Hong Kong International Airport, which could fetch as much as HK$8.8 billion.
Sun Hung Kai Properties, Wheelock & Co, Cheung Kong Property, China Overseas Land & Investment, Wing Tai Properties are among the developers to have submitted bids before the tender closed at noon on Friday.
The plot, named Kai Tak Area 1E Site 2, will yield a total gross area of 1.09…

Source : South China Morning Post
Read more…Kai Tak commercial site attracts at least eight bidders

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