{"id":102466,"date":"2018-12-21T17:09:13","date_gmt":"2018-12-21T10:09:13","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/fewer-developers-submit-bids-for-kai-tak-runway-plot-even-as-valuation-is-slashed-to-january-2017-levels\/"},"modified":"2018-12-21T18:09:31","modified_gmt":"2018-12-21T11:09:31","slug":"fewer-developers-submit-bids-for-kai-tak-runway-plot-even-as-valuation-is-slashed-to-january-2017-levels","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/fewer-developers-submit-bids-for-kai-tak-runway-plot-even-as-valuation-is-slashed-to-january-2017-levels\/","title":{"rendered":"Fewer developers submit bids for Kai Tak runway plot even as valuation is slashed to January 2017 levels"},"content":{"rendered":"


\nThe third residential parcel on Kai Tak\u2019s runway missed market expectations as fewer than expected developers submitted tenders, while one surveyor slashed its valuation of the plot to January 2017 levels because of downbeat sentiment, lack of full sea view and retail component.
\nThe 97,393 square feet plot on the site of Hong Kong airport\u2019s former runway fetched six bids at the close of tender on Friday noon, missing expectations from surveyors who had expected at least eight bids….
\n
\nSource : South China Morning Post
\nRead more…Fewer developers submit bids for Kai Tak runway plot even as valuation is slashed to January 2017 levels<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The third residential parcel on Kai Tak\u2019s runway missed market expectations as fewer than expected...<\/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-102466","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-qEG","jetpack-related-posts":[{"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":102466,"position":0},"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 "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":103489,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/first-commercial-plot-on-kai-tak-runway-fails-to-take-off-as-hong-kong-rejects-all-nine-bids-for-site\/","url_meta":{"origin":102466,"position":1},"title":"First commercial plot on Kai Tak runway fails to take off as Hong Kong rejects all nine bids for site","date":"January 30, 2019","format":false,"excerpt":"\r The first commercial plot to be tendered on the runway of Hong Kong\u2019s old airport at Kai Tak was withdrawn from sale on Wednesday, after the Lands Department announced it had rejected all nine tenders received for the land. That all tenders failed to meet the government\u2019s requirements suggests\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":100829,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/first-land-plot-for-sale-on-the-former-runway-at-kai-tak-receives-lacklustre-response-from-developers\/","url_meta":{"origin":102466,"position":2},"title":"First land plot for sale on the former runway at Kai Tak receives \u2018lacklustre\u2019 response from developers","date":"November 2, 2018","format":false,"excerpt":"\r The 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\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"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":102466,"position":3},"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 "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":107005,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/developers-are-lukewarm-on-kai-taks-commercial-plot-as-trade-war-impasse-creates-an-anticlimax-to-a-week-of-record-home-sales\/","url_meta":{"origin":102466,"position":4},"title":"Developers are lukewarm on Kai Tak\u2019s commercial plot as trade war impasse creates an anticlimax to a week of record home sales","date":"May 10, 2019","format":false,"excerpt":"\r The second commercial property plot on the runway of Hong Kong\u2019s former airport received fewer bidders when a government tender closed on Friday, as the absence of a resolution in the US-China trade war provided an anticlimax to a week of record-breaking sales in the city\u2019s home market.Area 4C\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":112218,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/kai-tak-runway-parcel-tender-receives-muted-response-even-after-valuation-is-cut-by-15-per-cent\/","url_meta":{"origin":102466,"position":5},"title":"Kai Tak runway parcel tender receives muted response even after valuation is cut by 15 per cent","date":"November 8, 2019","format":false,"excerpt":"\r The tender for a sea-facing parcel on the runway of Hong Kong\u2019s former airport received only four bids even after its valuation was cut by 15 per cent to reflect the worsening state of the city\u2019s economy after five months of social unrest, US-China trade war and looming vacancy\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\/102466"}],"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=102466"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/102466\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=102466"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=102466"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=102466"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}