July 30 (Bloomberg) — Donald Choi, managing director at Nan Fung Development Ltd., a privately-held developer, talks with Bloomberg’s Phillip Yin about the outlook for Hong Kong’s real estate market. A private owner has put a building site in the Peak district, one of Hong Kong’s most exclusive residential areas, up for public tender, according to property broker Jones Lang LaSalle Inc. Nan Fung and Wharf (Holdings) Ltd. on July 28 bid HK$10.4 billion for a site on Mt. Nicholson Road in the Peak area, falling short of some surveyors’ estimates. (Source: Bloomberg)
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Video: Nan Fung’s Choi Discusses Hong Kong Property Market: Video
