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Cheung Sha

Hong Kong property: sole bidder Sino Land secures site on Lantau Island for US$26 million, nearly 20% below expectations as market languishes

by Anas Siddiqui
Hong Kong property: sole bidder Sino Land secures site on Lantau Island for US million, nearly 20% below expectations as market languishes

It had been valued at about HK$245 million based on a gross floor area of 81,666 square feet, which translates to HK$3,000 per sq ft, Midland Surveyors estimated. 10:08 Hong …

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Hong Kong land tender gets just one bid, likely to be withdrawn as high interest rates, Lantau location deter builders

by Anas Siddiqui
Hong Kong land tender gets just one bid, likely to be withdrawn as high interest rates, Lantau location deter builders

The tender for the only residential plot of land available in Hong Kong in the current quarter has received an icy response of just one bid and is expected to …

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