Hong Kong’s prime Kai Tak development plot goes for HK$15.95bn

News

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

This content is available only to PrimeResi Members.

If you have a membership login below, otherwise join Prime Resi today for full access to the Journal of Luxury Property.

Main image: Part of the Kai Tak site in 2017 (photo by Wpcpey; CC by S.A.3.0)

What to read next

External Link

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
News

Hong Kong has seen more ultra-prime £20m+ residential property sales in the last year than any other city. London has fallen to third place, behind New York
News

Ronnie Chan's Hang Lung Properties has paid 20% less than the low-end valuation for the USA's portfolio of six mansions overlooking Deepwater Bay.