Hong Kong sells Kai Tak’s biggest residential plot at discount as city’s unrest drives investors to sidelines
The South China Morning Post reports that a consortium has acquired the biggest resi development site on the former Kai Tak Airport - paying less than the low-end market valuation
What to read next
Hong Kong’s prime Kai Tak development plot goes for HK$15.95bn
A consortium of property developers has acquired the most valuable slice of residential development land on Hong Kong's former airport, for significantly less than the adjacent plot
The world’s ‘most expensive plot of sand’ sells for over £27mn
"An AED125mn transaction would normally represent a spectacular penthouse or palatial mansion," says Knight Frank.
US Government looks to offload an enclave of six super-prime mansions in Hong Kong
CBRE has been appointed to sell a portfolio of mansions in Hong Kong, valued at up to HK$5 billion.
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Major agency reins in long-range PCL forecast
Strutts now expects cumulative growth of just 4.4% by 2030 - down from 9%-12% at the start of the year - but sees downward pressure easing in 2027.
Behind the Structure: Understanding ownership risk in prime residential property
Required Reading: Sanctions have raised the stakes when it comes to navigating complex ownership structures. Anthony Hanratty explains what prime property professionals should be looking for.
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Ranked: Commuter belts with fastest-rising property values
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Council intervenes over future of one of Britain’s most important mansions
Buckinghamshire officials take formal action over deteriorating condition of historic Rothschild estate.
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