HK to sell first commercial site in Central since 1996
Plot is valued at HK$15.8b to HK$17b; sale, slated for Q1, comes after some record-breaking deals in city's office market
Hong Kong
HONG Kong's government has announced the first sale of commercial land in the city's central business district in more than 20 years.
The site, currently used as a car park in Murray Road, Central, is about 31,000 square feet, according to a government statement released late on Thursday. The plot is valued a…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Property
US 30-year mortgage rate rises to five-month high of 7.24%
Money laundering accused Su Baolin’s Sentosa property goes unsold at auction
US Judge approves US$418 million settlement that will change real estate commissions
In San Francisco, a home renovation can become a battle royale
Country Garden extends bonds to avoid first local default
Daughter of Chinese steel-and-nickel tycoon picks up S$84 million Bin Tong Park bungalow