Hon Kwok to launch City Square.

(From The Standard)

Byline: Eli Lau

Hong Kong-listed Hon Kwok Land Investment plans to roll out its mid-to-high-end City Square project in Shenzhen for sale next month.

The flats, with target prices ranging from HK$900 to HK$1,200 per square foot, are expected to lure investors from both Hong Kong and the mainland, general manager Dennis Cheung said.

``A Hong Kong investor is seeking to acquire entire Block F, offering HK$1,150 per sq ft, or HK$204 million in total,'' he said. ``A mainland investor has also expressed interest in acquiring 25 units for HK$12 million.'' He said the firm is still negotiating both deals.

The first …