Media & News

For two reasons, CHFT is optimistic on sale price of Sai Kung residential land.

Tender for government low-density residential land in Sai Kung was closing last Friday. CHFT expects the sale price be in the region of $10,000 to $10,800 on AV, which is the among the high end among general market perception. There are two reasons why CHFT is more optimistic on the sale price, 1) we do consider land sale comparable and flat prices of new developments that not yet officially launched, and 2) we believe the strength of small to medium scale developers.

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