{"id":101574,"date":"2018-11-23T16:38:31","date_gmt":"2018-11-23T09:38:31","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-auction-oddity-37-court-ordered-properties-for-sale-including-a-60-sq-ft-space-with-a-reserve-price-of-us128\/"},"modified":"2018-11-23T17:03:09","modified_gmt":"2018-11-23T10:03:09","slug":"hong-kong-auction-oddity-37-court-ordered-properties-for-sale-including-a-60-sq-ft-space-with-a-reserve-price-of-us128","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-auction-oddity-37-court-ordered-properties-for-sale-including-a-60-sq-ft-space-with-a-reserve-price-of-us128\/","title":{"rendered":"Hong Kong auction oddity: 37 court-ordered properties for sale, including a 60 sq ft space with a reserve price of US$128"},"content":{"rendered":"<p>&#013;<br \/>\nA 60 square foot industrial space in Fanling will be auctioned off at the ultra-low starting price of HK$1,000, among a batch of 37 industrial properties in adjacent buildings set to go under the hammer as part of a court-ordered sale on Wednesday.<br \/>\nThe company overseeing the property sale, C S Auctioneers, said the tiny industrial space will be auctioned without a reserve price, meaning that it will go to the highest bid above the HK$1,000 (US$127.77) threshold, or HK$16 per sq ft.<br \/>\n\u201c&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/business\/article\/2174717\/hong-kong-auction-oddity-37-court-ordered-properties-sale-including-60-sq\" target=\"_blank\">Hong Kong auction oddity: 37 court-ordered properties for sale, including a 60 sq ft space with a reserve price of US8<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; A 60 square foot industrial space in Fanling will be auctioned off at the ultra-low&#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-101574","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-qqi","jetpack-related-posts":[{"id":96117,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/kowloon-plot-sells-for-under-hk10000-per-sq-ft-for-first-time-since-november-2016-in-government-auction\/","url_meta":{"origin":101574,"position":0},"title":"Kowloon plot sells for under HK$10,000 per sq ft for first time since November 2016 in government auction","date":"August 16, 2018","format":false,"excerpt":"\r A plot in Kowloon has been auctioned for under HK$10,000 per square foot, the first time urban land has been sold for such a low price in nearly two years. Poly Property Group, the Hong Kong-listed arm of state-owned China Poly Group, won the auction for the 39,612 sq\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":50768,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/ck-propertys-harbour-glory-project-sets-new-price-record-for-hong-kong-island-east\/","url_meta":{"origin":101574,"position":1},"title":"CK Property\u2019s Harbour Glory project sets new price record for Hong Kong Island East","date":"April 3, 2017","format":false,"excerpt":"\r Cheung Kong Property (Holdings), undeterred by mounting pressure on the government to roll out tougher cooling measures, is to offer its residential project in North Point at a record price for Hong Kong Island\u2019s East district. The developer announced on Monday that the first batch of 76 apartments at\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":82841,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/high-living-another-luxury-hong-kong-hilltop-house-sells-for-stratospheric-price\/","url_meta":{"origin":101574,"position":2},"title":"High living: another luxury Hong Kong hilltop house sells for stratospheric price","date":"March 16, 2018","format":false,"excerpt":"\r A house at the ultra exclusive Mount Nicholson area on The Peak in Hong Kong has sold for HK$1.39 billion (US$177.3 million), a price that makes it the second most expensive in Asia on a square foot basis. The four-bedroom, 9,217 sq ft house with a 3,969 sq ft\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":170454,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/soaring-hong-kong-rents-tenants-pay-more-and-fight-for-shrinking-space\/","url_meta":{"origin":101574,"position":3},"title":"Soaring Hong Kong rents: tenants pay more \u2013 and fight for shrinking space","date":"February 1, 2026","format":false,"excerpt":"\r For business owner Tracy Sung, flat-hunting in Hong Kong was complicated by two things \u2013 her pets and the intense competition in the rental market. Sung, who used to live in a 500 sq ft flat in Happy Valley, had to offer more than the landlord\u2019s asking price to\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":172440,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/super-rich-losing-millions-as-some-hong-kong-trophy-homes-sell-at-painful-discounts\/","url_meta":{"origin":101574,"position":4},"title":"Super-rich losing millions as some Hong Kong trophy homes sell at painful discounts","date":"August 26, 2026","format":false,"excerpt":"\r Hong Kong has seen a string of cut-price deals for super-luxury homes in recent months, with financially pressured owners accepting eye-watering losses to exit the market even as demand for trophy homes remains strong. Among the latest examples is the sale of a Bel-Air luxury house for HK$138 million\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":171162,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-businessman-expected-to-take-loss-on-peak-properties-he-bought-for-us255m\/","url_meta":{"origin":101574,"position":5},"title":"Hong Kong businessman expected to take loss on Peak properties he bought for US$255m","date":"March 16, 2026","format":false,"excerpt":"\r Luxury residential property on Hong Kong\u2019s Peak Road owned by businessman Chan King-wai has been put up for sale by public tender, several years after he acquired it from companies linked to CK group. Marketing agent JLL said on Monday that the adjoining sites at 86, 88 and 90\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\/101574"}],"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=101574"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/101574\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=101574"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=101574"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=101574"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}