The most expensive land in the world was sold at government auction Hong Kong newspaper “South China Morning Post”. The transaction amount was a record $ 3 billion.
The plot of land is located in the heart of Hong Kong. Property prices here are amongst the highest in the world. The highest sum for the site was proposed by the real estate company Henderson Land. Her offer was higher than the forecasts of market experts, who assessed the piece of land from $2 to $2.8 billion, Along with Henderson Land in the auction was attended by eight companies, among whom were representatives of businesses in the mainland of China.
Now this piece of land is a Parking height of five floors. The buyer already said that in its place is planned to build a new “iconic” building in 2022.
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