Hong Kong elevated transit project winners to get property development rights

Hong Kong elevated transit project winners to get property development rights

Successful bidders for four elevated mass transit projects in Hong Kong, including proposed infrastructure in Kai Tak, will be granted property development rights in the surrounding areas to help provide long-term funding support. The Executive Council, the city’s key decision-making body, on Friday approved the granting of property development rights at nominal premiums for three…

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Hong Kong elevated transit project winners to get property development rights

Hong Kong elevated transit project winners to get property development rights

Successful bidders for four elevated mass transit projects in Hong Kong, including proposed infrastructure in Kai Tak, will be granted property development rights in the surrounding areas to help provide long-term funding support. The Executive Council, the city’s key decision-making body, on Friday approved the granting of property development rights at nominal premiums for three…

Read More