2 Aug 2023
Media:
Hong Kong Commercial Daily
Hong Kong Economic Journal
Hong Kong Economic Times
Ming Pao Daily News
Oriental Daily News
Sing Tao Daily
Ta Kung Pao
The Standard
Wen Wei Po
Compulsory sale reserve price of Quarry Bay site sets at HKD6.31 billion
The Lands Tribunal approved the compulsory sale of a Quarry Bay site, jointly acquired by Swire Properties and Henderson Land, setting a new record for compulsory auctions in the city with a reserve price of HKD6.31 billion. The existing property spans approximately 43,882 sq ft and consists of a group of walk-up buildings located at the intersection of Pan Hoi Street and King’s Road, adjacent to Two Taikoo Place. The developers plan to redevelop the site for residential and retail uses.
Media:
Hong Kong Commercial Daily
Hong Kong Economic Journal
Hong Kong Economic Times
Ming Pao Daily News
Oriental Daily News
Sing Tao Daily
Ta Kung Pao
The Standard
Wen Wei Po