Sole bidder Sino Land gets Lantau Island plot for 20% below market value

[ad_1] It had been valued at about HK$245 million based on a gross floor area of 81,666 square feet, which translates to HK$3,000 per sq ft, Midland Surveyors estimated. 10:08…

Sino Ocean: China property woes deepen as a big developer suspends debt payments | CNN Business

[ad_1] Editor’s Note: Sign up for CNN’s Meanwhile in China newsletter which explores what you need to know about the country’s rise and how it impacts the world. Hong Kong…