Government Land Sale: NKIL 6575, Kai Tak Area 4B Site 2, Kowloon

December 27, 2018

China Overseas won the tender for a residential site in Kai Tak with HKD 8 billion. The developer plans to invest about HKD 12 billion to build a high-end residential project. JLL estimated the pricing of project is likely to be in excess of HKD 26,000 per sq ft.

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