Like Tree6Likes

New boys in town - Still Government Orchestrated

Closed Thread
Page 2 of 2 FirstFirst 1 2
  1. #11

    Join Date
    Dec 2002
    Location
    薄扶林
    Posts
    47,964
    Quote Originally Posted by jimbo:
    Judging by the shoddy quality of the Chinese developers of new builds in SG best to avoid like the plague.
    Not like all the HK developers have adapted to current "first world" build standards.

  2. #12

  3. #13

    Join Date
    Dec 2002
    Location
    薄扶林
    Posts
    47,964

    Score one for a local cigarette company.

    Nan Fung Development has won a commercial site in Kai Tak for HK$24.6 billion, smashing the record set by the Murray Road site in Central just two weeks ago.
    Henderson Land paid $23.2 billion, or HK$50,065 per square foot, for the former Murray Road car park in Central.

    Nan Fung bought the 200,500-square-foot Kai Tak site, named Area 1F Site 2, by government tender.

    The plot can provide about 1.9 million square feet of total gross floor area, including an underground shopping street and a public transport interchange.

    It is also designated for office, retail or hotel development.
    $24.6b Kai Tak sale smashes record - The Standard