Relevant:
- Hong Kong Site May Fetch $1.1 Billion in Auction
- Hong Kong Land Auction Shows Developers Confident as Demand Is Sustained
- Hong Kong Developers Sell $1.4 Billion of Homes Over National Day Weekend
- Hong Kong Developers Seek Homebuyers Over Easter Weekend as Prices Waver
- China Beckons Cashed Up Hong Kong Developers as Mainland Rivals Squeezed
2011-06-09 — reuters.com
"Hong Kong sold two residential sites for a combined HK$11.95 billion ($1.54 billion) via auction on Thursday, illustrating the optimism among developers over prospects for the already red-hot property market."
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