Government Land Sale: Cheung Sha Wan (NKIL 6550)

October 01, 2017

Sun Hung Kai Properties has won a hotel development site in Cheung Sha Wan for HKD 5.06 billion. The A.V. was around 35% above the higher end of market expectations and is a similar price, in unit rate, to the amount paid for the former Murray Building site in Central in 2013.

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