United States Virginia change
Sri Lanka Breaking News
Sri Lanka parliament
vivalankaSri Lanka newsSri Lanka businessSri Lanka sportsSri Lanka technologySri Lanka travelSri Lanka videosSri Lanka eventssinhala newstamil newsSri Lanka business directory
vivalanka advertising
Menu
Stay Connected
facebooktwittermobile
Popular Searches
T20 World Cup
Sponsored Links
Sri Lanka Explorer

Hong Kong govt sells land in tender for HK$6.27 bln

Aug 25, 2011 2:31:01 PM - www.ft.lk

HONG KONG,   (Reuters) – Hong Kong government said on Thursday that it has sold a plot of land in a tender for HK$6.27 billion ($804.3 million) to a consortium, below market expectations amid cautious sentiment.

The land, which can be used for commercial and residential purposes, is located at North Point on Hong Kong Island.
Surveyors valued the site at between HK$6.47 billion to HK$9.07 billion. ($1 = 7.796 Hong Kong Dollars)

Business: (Latest Stories)