You are here

New World wins HK site tender to build 2,900 homes

Hong Kong

NEW World Development Co, the builder controlled by the family of Hong Kong billionaire Cheng Yu-tung, won the tender for a HK$10.4 billion (S$1.7 billion) site in the city that can provide at least 2,900 new homes.

New World will pay HK$2.9 billion of the land premium...

Market voices on: