government land sales
Mei Tin Road site in Tai Wai up for sale via tender
Mei Tin Road site in Tai Wai up for sale via tender
The site was later added to the land sale programme due to positive market responses.
Lantau Island site sold for $203m
APEX King was the successful tenderer.
3 ways gov't can improve land tenders
There has been frequent withdrawal of government land lenders in Hong Kong.
Gov’t needs to review valuations to ensure success of land sale programme – experts
Colliers estimates Hong Kong land revenue last year only 50% of target.
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