Forty-three developers expressed an interest in the Urban Renewal Authority’s commercial and residential project near Hong Kong’s Soho district on Tuesday, a new record in terms of initial responses for tender.
The 9,580 square-foot plot, on Peel Street, is expected to fetch between HK$1.3 billion and HK$1.5 billion, or HK$13,000 per square foot to HK$15,000 per sq ft.
“It is the strongest outcome ever generated for a land sale through tender,” said Alvin Lam, a director…
Source : South China Morning Post
Read more…Land sale in Hong Kong’s trendy Soho district draws developers in record numbers















