Property News · May 17, 2017

Thank you Henderson: Record Murray Road price lifts property values in the neighbourhood


Henderson Land Development, owned by one of Hong Kong’s wealthiest families, may have done a favour to every land owner in the Murray Road neighbourhood in downtown Central, when it paid a record price for the largest commercial plot to go on market in two decades.
The record HK$23.28 billion (US$3 billion) price paid for the Murray Road land parcel, which topped professional valuers’ highest estimate by almost 6 per cent, would boost Cheung Kong Property Holdings’ net asset…

Source : South China Morning Post
Read more…Thank you Henderson: Record Murray Road price lifts property values in the neighbourhood