Kerry wins Ho Man Tin Fat Kwong Street residential site for over $4.308 billion

Kerry (0683) today won the tender for the residential site on Fat Kwong Street in Ho Man Tin for over $4.308 billion, at a floor area price of about $20,738 per square foot. Tony Tong Yiu-chung, Director of Kerry Properties and General Manager for Hong Kong, said the project has a well-established transport network and community facilities, with excellent development potential, and the group will create a representative luxury residential project.