Hong Kong’s SHKP secures HK$1.4 billion land deal in Northern Metropolis
One of Hong Kong’s largest developers, Sun Hung Kai Properties (SHKP), has entered into a land deal worth around HK$1.4 billion (US$179.5 million) with the government for a site in Kwu Tung South, setting up one of the biggest housing projects in the Northern Metropolis. The company said on Monday that the site could yield…