Hong Kong earmarks Kai Tak site among 3 plots for private student hostel projects

A prime site in the newly developed Kai Tak area, along with two other plots, have been earmarked for the development of tertiary student hostels, Hong Kong authorities have announced. A spokesman for the Development Bureau said on Tuesday that three commercial sites – in Kai Tak, Siu Lek Yuen in Sha Tin and Tung Chung East – would be open for expressions of interest from the market and could go on sale as early as the next financial year. “Subject to the response received from this expression... [Continue Reading]