China Resources Land, Poly Property secure Kai Tak site for HK$12.9bLocal | 26 Jun 2019 7:34 pm
China Resources Land and Poly Property Group have secured the lastest residential site in Kai Tak with a HK$12.91 billion bid, the Lands Department reported.
The Kai Tak Area 4C Site 1 at Kai Tak in Kowloon had been valued by surveyors at between HK$12.1 billion and HK$14.3 billion.
The site has an area of about 9,481 square meters and is designated for non-industrial purposes. The minimum gross floor area is 39,821 sqm and the maximum gross floor area that may be attained is 66 367 sqm.