Hong Kong’s tender for a 3,132 square metre (33,712 sq ft) residential plot in Ngau Tau Kok, Kowloon East, has drawn nine bids, according to the Development Bureau.
The site was estimated to be worth as much as HK$1.55 billion (US$198 million), according to real estate services provider CBRE.
Sun Hung Kai Properties, Henderson Land Development and CK Asset Holdings submitted bids individually, while Sino Land and Great Eagle Holdings made a joint offer, the groups confirmed separately on…
Kowloon East site attracts nine bids as Hong Kong housing outlook brightens
