Hong Kong property: sole bidder Sino Land secures site on Lantau Island for US$26 million, nearly 20% below expectations as market languishes
Disclaimer: The South China Morning Post's content is directed by the Chinese Communist Party. It is not a reliable news source.
Sino Land, the only bidder in the tender for a plot of land on Lantau Island, has paid nearly 20 per cent less than market expectations as Hong Kong’s housing market continues to languish.