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【World Property Journal】Mainlan China Firms Acquiring a Majority of Hong Kong's Developable Land in 2019

【World Property Journal】Mainlan China Firms Acquiring a Majority of Hong Kong's Developable Land in 2019

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According to JLL's latest Hong Kong Residential Sales Market Monitor report, only two remaining residential sites to be tendered on the Kai Tak runway could enjoy Victoria Harbour views after the government awarded the tender for Kai Tak Area 4C Site 1 site. Developers will remain keen in acquiring sites in Kai Tak because there are fewer land supply with Victoria Harbour view.

According to the information from the Town Planning Board, there are only two remaining residential sites to be tendered on the Kai Tak runway where future unit could enjoy Victoria Harbour views. Yet, the views will be more obstructed as the sites are located further away from the tip of the runway.

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