A residential site in Hong Kong has attracted a stronger response than expected |
2020/05 |
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SHKP, Sino Land, CK Asset and New World among bidders for the plot, which could fetch up to HK$1.6 billion, despite virus and security law fears
A residential site in Hong Kong has attracted a stronger response than expected, even as the city faces headwinds from the Covid-19 pandemic and Beijing's plan to pass a controversial national security law.
The Lands Department said yesterday 19 bids had been submitted for the 12,150 sq ft plot in Ap Lei Chau in Island South, the highest number for a site sold by government tender this year. |
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