Hong Kong: HK$5 million Kai Tak flat deals a blow to Hong Kong government’s affordable housing plan

One Kai Tak’s developer sets a higher-than-expected price range of HK$15,080 to HK$18,418 per square foot China Overseas Land & Investment, which is building apartments on the site of Hong Kong’s former airport, set a higher-than-expected price range on Thursday, delivering a blow to the city government’s programme to make housing affordable for residents during an election year. Read more on: www.scmp.com
Source : Hong Kong: HK$5 million Kai Tak flat deals a blow to Hong Kong government’s affordable housing plan