trending Market Intelligence /marketintelligence/en/news-insights/trending/LsPkI_-UX0Z8FiWtP6u7UQ2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

Sun Hung Kai, CK Asset, Sino Land vie for up to HK$3.6B Hong Kong land plot

Credit Analytics Case Study Poundworld Retail Ltd

Segment

IFRS 9 Impairment How It Impacts Your Corporation And How We Can Help

The Market Intelligence Platform

Real Estate

Real Estate Solutions Overview


Sun Hung Kai, CK Asset, Sino Land vie for up to HK$3.6B Hong Kong land plot

Sun Hung Kai Properties Ltd., CK Asset Holdings Ltd. and Sino Land Co. Ltd. are among the 10 developers competing for the tender to a commercial land parcel in the Kai Tak area of Kowloon, Hong Kong, South China Morning Post reported Aug. 9, citing the city's Lands Department.

Aside from the three companies, other bidders hoping to secure the development for the property include China Overseas Land & Investment Ltd., Great Eagle Holdings Ltd., Far East Consortium International Ltd. and K&K Property Holdings Ltd.

The development site can yield up to 344,448 square feet of gross floor area. CHFT Advisory and Appraisal expects the plot to fetch between HK$3.4 billion and HK$3.6 billion, down from its prior estimate in May of between HK$4.25 billion to HK$4.5 billion, the publication reported. Knight Frank estimated the property may sell between HK$2.7 billion and HK$3.2 billion.