Property News · November 14, 2018

Sigh of relief as second plot on Hong Kong’s Kai Tak runway fetches more than first


Hong Kong property observers breathed a sigh of relief on Wednesday when a piece of prime waterfront land at the city’s former airport fetched a higher price than a neighbouring plot a week earlier because of its superior sea views.
Goldin Financial Holdings won the tender for the second residential site on the runway of Kai Tak airport for HK$8.9 billion (US$1.14 billion), or HK$15,497 per square foot, the Lands Department said on Wednesday.
The price tag for the plot, known as Kai Tak…

Source : South China Morning Post
Read more…Sigh of relief as second plot on Hong Kong’s Kai Tak runway fetches more than first

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