Consortium bags HK residential plot at record HK$17.3b
The plot in Cheung Sha Wan is in the West Kowloon district, near an upcoming museum complex and rail terminus
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Hong Kong
A CONSORTIUM including Sino Land has paid a record HK$17.3 billion (S$3.0 billion) for a plot of residential land in Hong Kong, signalling that the property market is still running hot.
Shimao Property Holdings, Wheelock Properties, K Wah International Holdings and SEA Holdings were the other members of the group, the Lands Department said late on Wednesday.
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