Cheung Kong Property wins Kau To plot at HKD 1.95 billion
September 21, 2016 - Shatin
Kau To residential plot in Sha Tin has been awarded to Cheung Kong Property at a high price of HKD 1.953 billion, or HKD 8,000 per sq ft of permissible GFA, 33% higher than the upper limit of market expectations.
The permissible GFA of the plot is 244,100. Expected price after completion ranges from HKD 17,000-HKD18,000 per sq ft.
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