A former airport in housing-hungry Hong Kong is becoming one of the city’s next big real estate developments. The city has made HK$173 billion in selling land from the old Kai Tak Airport to developers, Bloomberg reported, citing figures from Savills Plc. Hong Kong expects the area to be redeveloped into a neighborhood with parks, stadiums, hotels, offices and 90,000 residents by the mid-2020s. The old airport, roughly the size of New York’s Central Park, […]
source https://therealdeal.com/national/2019/07/06/in-hong-kong-an-old-airport-is-being-transformed-into-a-new-neighborhood/#new_tab
No comments:
Post a Comment