HKR International, the home builder behind Discovery Bay, is focusing more on redeveloping older buildings in urban areas as the city’s famous shortage of land forces developers to try new strategies in order to tap rising home prices.It has spent HK$677 million (US$87.2 million) on two buildings – one industrial and one residential – since December for redevelopment.“The continuous shortage of land in Hong Kong, especially in prime locations, has caused property developers to turn to….


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South China Morning Post

Checkout this section for curated News, Articles & Videos published worldwide by South China Morning Post, a Hong Kong English-language newspaper.

Checkout this section for curated News, Articles & Videos published worldwide by South China Morning Post, a Hong Kong English-language newspaper.

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