Published:
Kerry unit wins Kowloon site with top bid
The 50-year land grant was awarded with a premium of $4.3b.
The Lands Department said the Kowloon Inland site at Fat Kwong Street, Ho Man Tin was awarded to Asia Insight Investments Limited, a subsidiary of Kerry Properties Limited.
With a bid if $3.2b, it secured a 50-year land grant at a premium of $4.3b.
According to the Lands, the site drew nine unsuccessful tenderers, with the second-highest at $3.1b, followed by $2.7b, $2.6b, two bids of $2.5b, $2.4b, $2.3b, and $2.2b.
Read Here
Advertise
Sign Up
