| Henderson's blueprint presents lots of green spaces in Central |
Developer Henderson Land Development is bullish on Hong Kong -- specifically Central district.
It had the winning bid of HK$50.8 billion (US$6.5 billion) for the New Central Harbourfront Commercial Site 3, beating out five other developers.
| This plot of land was sold for HK$50.8 billion |
The old Star Ferry clock will be reconstructed in around the same spot as a visual landmark and showcase the city's maritime heritage.
According to Knight Frank, the Central Site 3 ranks as the second most expensive land transaction worldwide of all time, after a 861,120 sq ft site in Seoul's Gangnam district was bought by a Hyundai Motor-led consortium in 2014 for 10.5 trillion won (US$10 billion).
Market observers said the record price for the prime plot will boost the city's commercial property market and reinforce Hong Kong's position as a world class global financial hub.
Plowing that much money into Central means a big vote of confidence for the district even though the Lam administration has plans to develop the area near the border with the mainland.
| Three buildings will be on the site, two are offices |
"Central will remain the financial centre for Hong Kong in the foreseeable future," he added.
As we said earlier, Lam's vision of people sleeping better will have to wait at least 15 years...





