{"id":100428,"date":"2018-10-24T07:03:24","date_gmt":"2018-10-24T00:03:24","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/why-did-hong-kong-scrap-the-peak-land-tender-if-its-not-in-service-of-a-high-price-policy\/"},"modified":"2018-10-24T08:03:06","modified_gmt":"2018-10-24T01:03:06","slug":"why-did-hong-kong-scrap-the-peak-land-tender-if-its-not-in-service-of-a-high-price-policy","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/why-did-hong-kong-scrap-the-peak-land-tender-if-its-not-in-service-of-a-high-price-policy\/","title":{"rendered":"Why did Hong Kong scrap The Peak land tender if it\u2019s not in service of a high-price policy?"},"content":{"rendered":"


\nThe withdrawal of a luxury residential site at The Peak from the city\u2019s tender last week has sparked concern about the government\u2019s pricing strategy at a time of shifting market sentiment.
\nAnalysts said that additional land sites could be withdrawn from tender for failing to meet the government\u2019s reserve price, if officials persist with a high land price policy.
\n\u201cThe government may not have been sensitive enough to the changes in the market, that\u2019s why it set a…
\n
\nSource : South China Morning Post
\nRead more…Why did Hong Kong scrap The Peak land tender if it\u2019s not in service of a high-price policy?<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The withdrawal of a luxury residential site at The Peak from the city\u2019s tender last...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-100428","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-q7O","jetpack-related-posts":[{"id":138216,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/wheelock-wins-kennedy-town-tender-at-lowest-price-for-hong-kong-island-since-2002\/","url_meta":{"origin":100428,"position":0},"title":"Wheelock wins Kennedy Town tender at lowest price for Hong Kong Island since 2002","date":"July 5, 2023","format":false,"excerpt":"\r The government\u2019s first land tender of the financial year has fetched the lowest price for Hong Kong Island since June 2002 and is more than 25 per cent lower than prices seen in November.\r \r Source : South China Morning Post\r Read more...Wheelock wins Kennedy Town tender at lowest\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":93061,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-governments-tender-for-five-residential-plots-including-one-on-the-peak-set-to-fetch-us3-5b\/","url_meta":{"origin":100428,"position":1},"title":"Hong Kong government\u2019s tender for five residential plots, including one on The Peak, set to fetch US$3.5b","date":"July 3, 2018","format":false,"excerpt":"\r The Hong Kong government will release five residential plots with an estimated value of nearly HK$28 billion (US$3.5 billion) for tender in this quarter, including one on The Peak, which has some of the most expensive property prices in the world. The planned sale comes after the government announced\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":72927,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-flats-sold-through-tender-are-likely-to-yield-higher-prices-for-developers\/","url_meta":{"origin":100428,"position":2},"title":"Hong Kong flats sold through tender are likely to yield higher prices for developers","date":"November 26, 2017","format":false,"excerpt":"\r Sale by tender appears to be an effective way of boosting the price of flats in Hong Kong, from The Peak to Lohas Park, as opposed to the open market. About 80 per cent of flats put up for sale through tenders have achieved record prices for their particular\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":139162,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developer-sino-land-wins-kai-tak-land-tender-with-a-676-million-bid-a-nine-year-low-beating-a-crowded-field-of-rivals\/","url_meta":{"origin":100428,"position":3},"title":"Hong Kong developer Sino Land wins Kai Tak land tender with a $676 million bid, a nine year-low, beating a crowded field of rivals","date":"September 13, 2023","format":false,"excerpt":"\r Sino Land outbid its rivals with a winning price of HK$5.3 billion for a plot of land in Hong Kong\u2019s Kai Tak neighbourhood, which some analysts said was conservative given the stagnating economic environment.\r \r Source : South China Morning Post\r Read more...Hong Kong developer Sino Land wins Kai\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":108258,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/land-tender-hong-kong-government-must-introduce-guarantors-higher-deposits-to-prevent-another-kai-tak-fiasco\/","url_meta":{"origin":100428,"position":4},"title":"Land tender: Hong Kong government must introduce guarantors, higher deposits to prevent another Kai Tak fiasco","date":"June 19, 2019","format":false,"excerpt":"\r The aborted sale of a HK$11.1 billion (US$1.4 billion) plot of prime land has exposed a serious flaw in the tender process that may cause the Hong Kong government to suffer a huge loss if it is unable to sell the site for the same price in a depressed\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":99920,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-scraps-sale-of-worlds-most-expensive-land-site-as-market-outlook-turns-cloudy\/","url_meta":{"origin":100428,"position":5},"title":"Hong Kong scraps sale of world\u2019s most expensive land site as market outlook turns cloudy","date":"October 16, 2018","format":false,"excerpt":"\r A luxury residential site on The Peak has been withdrawn from sale on Tuesday, a sign that developers are increasingly cautious about the Hong Kong market outlook as a sliding stock market, rising interest rates and the escalating US-China trade war could further dampen buying interest. The Lands Department\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/100428"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=100428"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/100428\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=100428"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=100428"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=100428"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}