A consortium led by a subsidiary of The Wharf (Holdings) outbid four rivals to win a second parcel on The Peak for HK$7.25 billion (US$935.2 million), smashing a record it set less than two months ago and enlarging its land holdings in Hong Kong’s most exclusive housing enclave.The Lands Department on Tuesday awarded the site on 9 and 11 Mansfield Road, which could yield a total gross floor area of 144,970 sq ft, to Active Pursuit comprising some of the city’s richest real estate tycoons.The…
Source : South China Morning Post
Read more…Wharf (Holdings) breaks own record set less than two months ago for residential plot on The Peak















