{"id":100829,"date":"2018-11-02T17:45:30","date_gmt":"2018-11-02T10:45:30","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/first-land-plot-for-sale-on-the-former-runway-at-kai-tak-receives-lacklustre-response-from-developers\/"},"modified":"2018-11-02T18:03:07","modified_gmt":"2018-11-02T11:03:07","slug":"first-land-plot-for-sale-on-the-former-runway-at-kai-tak-receives-lacklustre-response-from-developers","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/first-land-plot-for-sale-on-the-former-runway-at-kai-tak-receives-lacklustre-response-from-developers\/","title":{"rendered":"First land plot for sale on the former runway at Kai Tak receives \u2018lacklustre\u2019 response from developers"},"content":{"rendered":"<p>&#013;<br \/>\nThe first residential plot for sale on the runway of the city\u2019s former Kai Tak airport received eight bids from property developers at the tender close on Friday, reflecting a weakening appetite for land acquisitions as the city\u2019s property market comes under pressure amid a worsening US-China trade war and rising interest rates.<\/p>\n<p>Ahead of the tender, property analysts had cut estimates on the value of the site, with a gross floor area of up to 574,615 square feet, by as much as 15&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/business\/article\/2171446\/first-land-plot-sale-former-runway-kai-tak-receives-lacklustre-response\" target=\"_blank\">First land plot for sale on the former runway at Kai Tak receives \u2018lacklustre\u2019 response from developers<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; The first residential plot for sale on the runway of the city\u2019s former Kai Tak&#46;&#46;&#46;<\/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-100829","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-qeh","jetpack-related-posts":[{"id":103312,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/first-mix-use-land-plot-at-former-kai-tak-airport-runway-gets-the-collective-shrug-from-developers-as-property-market-cools\/","url_meta":{"origin":100829,"position":0},"title":"First mix-use land plot at former Kai Tak airport runway gets the collective shrug from developers as property market cools","date":"January 25, 2019","format":false,"excerpt":"\r Hong Kong\u2019s government received a lukewarm response in its sale of the first commercial land plot on the former Kai Tak Airport\u2019s runway, as developers refrained from building offices and hotels in an area that lacks amenities, while the overall property market was cooling. Six bids were received when\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":109157,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-land-sale-at-former-kowloon-airport-receives-muted-response-from-developers\/","url_meta":{"origin":100829,"position":1},"title":"Hong Kong land sale at former Kowloon airport receives muted  response from developers","date":"July 19, 2019","format":false,"excerpt":"\r The largest residential site at Hong Kong\u2019s former Kai Tak airport received fewer than expected bids when a government tender closed at noon on Friday, as property developers take a more cautions stance on the local property market following recent downgrades to the city\u2019s economic outlook.The plot designated Area\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":107142,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/first-seafront-commercial-plot-of-land-on-kai-tak-runway-sells-for-record-hk11-1-billion\/","url_meta":{"origin":100829,"position":2},"title":"First seafront commercial plot of land on Kai Tak runway sells for record HK$11.1 billion","date":"May 15, 2019","format":false,"excerpt":"\r The first seafront commercial plot of land on the runway of Hong Kong\u2019s former airport, Kai Tak, has sold for a record HK$11.1 billion (US$1.41 billion), the city\u2019s Lands Department said on Wednesday.Hong Kong developer Goldin Financial Holdings shrugged off the turmoil of an escalating trade war to win\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":120471,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/victor-lis-ck-asset-scores-first-win-at-kai-tak-bags-last-residential-plot-on-former-airports-runway\/","url_meta":{"origin":100829,"position":3},"title":"Victor Li\u2019s CK Asset scores first win at Kai Tak, bags last residential plot on former airport\u2019s runway","date":"February 18, 2021","format":false,"excerpt":"\r Hong Kong tycoon Victor Li Tzar-kuoi\u2019s CK Asset Holdings won its first tender for land at Hong Kong\u2019s old airport, Kai Tak, on Wednesday. The site, Area 4E Site 2, was also the last residential plot up for grabs on its runway.The developer won the plot for HK$10.28 billion\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":100997,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-builders-pay-us1-billion-for-first-plot-on-runway-of-old-kai-tak-airport\/","url_meta":{"origin":100829,"position":4},"title":"Hong Kong builders pay US$1 billion for first plot on runway of old Kai Tak airport","date":"November 7, 2018","format":false,"excerpt":"\r What a difference six months makes. A plot of prime waterfront land in Hong Kong has sold at a price that is 18 per cent lower than a comparable tender in the same area. A consortium of four major local developers won the auction for the first residential site\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":103074,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/scenic-site-at-kai-tak-draws-fewer-than-expected-bids-from-property-developers\/","url_meta":{"origin":100829,"position":5},"title":"Scenic site at Kai Tak draws fewer than expected bids from property developers","date":"January 18, 2019","format":false,"excerpt":"\r The fourth residential plot at the city\u2019s former Kai Tak airport, regarded as the most scenic, has missed analyst expectations, as slightly fewer than expected developers submitted tenders on Friday, reflecting downbeat sentiment as home prices come under further pressure. The 117,900 square foot plot, located on land jutting\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/100829"}],"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=100829"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/100829\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=100829"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=100829"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=100829"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}