{"id":103074,"date":"2019-01-18T18:27:17","date_gmt":"2019-01-18T11:27:17","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/scenic-site-at-kai-tak-draws-fewer-than-expected-bids-from-property-developers\/"},"modified":"2019-01-18T19:06:32","modified_gmt":"2019-01-18T12:06:32","slug":"scenic-site-at-kai-tak-draws-fewer-than-expected-bids-from-property-developers","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/scenic-site-at-kai-tak-draws-fewer-than-expected-bids-from-property-developers\/","title":{"rendered":"Scenic site at Kai Tak draws fewer than expected bids from property developers"},"content":{"rendered":"


\nThe 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.
\nThe 117,900 square foot plot, located on land jutting out into Victoria Harbour on what was Hong Kong airport\u2019s former runway, fetched six bids at the closure of tender at noon, falling short of Knight Frank…
\n
\nSource : South China Morning Post
\nRead more…Scenic site at Kai Tak draws fewer than expected bids from property developers<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The fourth residential plot at the city\u2019s former Kai Tak airport, regarded as the most...<\/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-103074","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-qOu","jetpack-related-posts":[{"id":102466,"url":"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\/","url_meta":{"origin":103074,"position":0},"title":"Fewer developers submit bids for Kai Tak runway plot even as valuation is slashed to January 2017 levels","date":"December 21, 2018","format":false,"excerpt":"\r The 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. The 97,393 square feet plot on\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":38282,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/still-keen-kai-tak-site-draws-18-bids-as-hong-kong-developers-maintain-interest-for-land\/","url_meta":{"origin":103074,"position":1},"title":"Still keen: Kai Tak site draws 18 bids as Hong Kong developers maintain interest for land","date":"December 16, 2016","format":false,"excerpt":"\r Property developers submitted at least 18 bids for a parcel of land at Hong Kong\u2019s former Kai Tak airport, a day after the long-awaited interest rate increase by the US Federal and Hong Kong Monetary Authority. The parcel, adjacent to a Kai Tak site that sold for a record\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":101081,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/surveyors-cut-valuations-of-plot-at-kai-tak-to-february-levels-as-tender-draws-muted-response\/","url_meta":{"origin":103074,"position":2},"title":"Surveyors cut valuations of plot at Kai Tak to February levels as tender draws muted response","date":"November 9, 2018","format":false,"excerpt":"\r Surveyors have slashed their valuations for a plot of land on the site of Hong Kong\u2019s former international airport as the tender for the development met with a lukewarm response. The residential plot at Kai Tak received just seven bids on Friday, less than expected, indicating a much cooler\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":41258,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/kai-tak-residential-site-area-1l-site-1-attracts-at-least-16-bids-from-developers\/","url_meta":{"origin":103074,"position":3},"title":"Kai Tak residential site \u2018Area 1L Site 1\u2019 attracts at least 16 bids from developers","date":"January 20, 2017","format":false,"excerpt":"\r At least 16 developers have submitted bids for the government tender of a residential plot in Kai Tak area before the deadline closed on Friday, Surveyors are projecting the site, known as Kai Tak Area 1L Site 1, could be worth HK$4.6 billion to HK$5 billion, or HK$10,000 to\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":116311,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-withdraws-land-sale-at-kai-tak-airport-site-after-tepid-bids-by-developers-amid-citys-economic-contraction\/","url_meta":{"origin":103074,"position":4},"title":"Hong Kong withdraws land sale at Kai Tak Airport site after tepid bids by developers amid city\u2019s economic contraction","date":"May 13, 2020","format":false,"excerpt":"\r Hong Kong\u2019s government has withdrawn a land sale at the city\u2019s former Kai Tak Airport site after a tepid response from bidders, as the city\u2019s worst economic contraction in decades amid the coronavirus pandemic deterred developers from long-term investments.A plot at the former Kai Tak Airport site, which can\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":119365,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/number-of-bids-for-kai-tak-residential-plot-falls-below-2017-market-peak-as-recession-pandemic-weigh-on-developer-appetite\/","url_meta":{"origin":103074,"position":5},"title":"Number of bids for Kai Tak residential plot falls below 2017 market peak, as recession, pandemic weigh on developer appetite","date":"November 27, 2020","format":false,"excerpt":"\r The first residential plot at the site of Hong Kong\u2019s former airport put on sale by the government this year has drawn a less than enthusiastic response from developers.The tender of Area 4E Site 1 at Kai Tak closed on Friday and drew 10 bids, according to the Lands\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\/103074"}],"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=103074"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/103074\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=103074"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=103074"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=103074"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}