{"id":103212,"date":"2019-01-23T06:03:51","date_gmt":"2019-01-22T23:03:51","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/owners-of-underperforming-hotels-see-redevelopment-as-a-quick-fix-to-citys-housing-woes-after-ck-assets-proposal\/"},"modified":"2019-01-23T07:03:42","modified_gmt":"2019-01-23T00:03:42","slug":"owners-of-underperforming-hotels-see-redevelopment-as-a-quick-fix-to-citys-housing-woes-after-ck-assets-proposal","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/owners-of-underperforming-hotels-see-redevelopment-as-a-quick-fix-to-citys-housing-woes-after-ck-assets-proposal\/","title":{"rendered":"Owners of underperforming hotels see redevelopment as a quick fix to city\u2019s housing woes after CK Assets\u2019 proposal"},"content":{"rendered":"


\nAn increasing number of hotel owners in Hong Kong\u2019s non-core areas are considering rebuilding their property into residential use while viewing it as a quick fix for the city\u2019s perennial housing shortfall, following CK Asset Holdings\u2019 proposal to redevelop its 1,100 room hotel into a housing project.
\n\u201cWhy on earth do we have so many rooms in industrial and outlying areas that get so few tourists while so many Hongkongers are still waiting for a chance to buy their own…
\n
\nSource : South China Morning Post
\nRead more…Owners of underperforming hotels see redevelopment as a quick fix to city\u2019s housing woes after CK Assets\u2019 proposal<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

An increasing number of hotel owners in Hong Kong\u2019s non-core areas are considering rebuilding their...<\/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-103212","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":102842,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/ck-assets-planned-hotel-to-housing-project-in-hong-kong-aims-to-house-7500-people\/","url_meta":{"origin":103212,"position":0},"title":"CK Asset\u2019s planned hotel-to-housing project in Hong Kong aims to house 7,500 people","date":"January 10, 2019","format":false,"excerpt":"\r The hotel that CK Asset Holdings will convert into a dense housing estate would provide homes to 7,500 people in the New Territories by as early as 2022, according to consultants hired by the company. The redevelopment of the 1,100 -room Harbour Plaza Resort City hotel in Tin Shui\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":121296,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/ck-asset-to-convert-some-hotels-into-residential-units-to-make-most-of-decline-in-hospitality-sector-rise-in-home-prices\/","url_meta":{"origin":103212,"position":1},"title":"CK Asset to convert some hotels into residential units to make most of decline in hospitality sector, rise in home prices","date":"August 6, 2021","format":false,"excerpt":"\r CK Asset Holdings will convert some of its hotels for residential use amid a decline in the hospitality sector thanks to the Covid-19 pandemic and a record rise in the city\u2019s home prices.\r\rVictor Li Tzar-kuoi, the company\u2019s chairman and managing director, stated publicly for the first time on Thursday\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":90746,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-property-giant-ck-asset-to-redevelop-centrals-hutchison-house-as-valuations-soar\/","url_meta":{"origin":103212,"position":2},"title":"Hong Kong property giant CK Asset to redevelop Central\u2019s Hutchison House as valuations soar","date":"June 7, 2018","format":false,"excerpt":"\r Hong Kong property giant CK Asset Holdings plans to redevelop its 44-year-old Hutchison House office tower in the city\u2019s Central district, a move that could triple the property\u2019s value in the latest reshuffle of assets by the conglomerate after the retirement of its billionaire founder, Li Ka-shing. Three people\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":102790,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/ck-asset-plans-to-convert-new-territories-hotel-into-hong-kongs-biggest-housing-estate-of-the-last-decade\/","url_meta":{"origin":103212,"position":3},"title":"CK Asset plans to convert New Territories hotel into Hong Kong\u2019s biggest housing estate of the last decade","date":"January 9, 2019","format":false,"excerpt":"\r A hotel in the New Territories will be converted into what may be the biggest private housing estate to be built in Hong Kong in the last decade, under plans submitted by CK Asset Holdings, the flagship company of retired tycoon Li Ka-shing. The conglomerate has submitted an application\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":100556,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/victor-lis-ck-asset-wants-to-help-ease-hong-kongs-housing-crisis-by-squeezing-more-flats-into-its-projects\/","url_meta":{"origin":103212,"position":4},"title":"Victor Li\u2019s CK Asset wants to help ease Hong Kong\u2019s housing crisis by squeezing more flats into its projects","date":"October 26, 2018","format":false,"excerpt":"\r CK Asset Holdings, the flagship developer of tycoon Li Ka-shing, believes it can help solve the housing crisis which has pushed Hong Kong\u2019s property prices into the record books. The city\u2019s second largest developer by market capitalisation says allowing it to build more apartments at its residential projects in\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":138208,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/ck-asset-dismisses-concerns-about-rising-interest-rates-and-oversupply-will-launch-the-coast-line-residential-development-in-yau-tong\/","url_meta":{"origin":103212,"position":5},"title":"CK Asset dismisses concerns about rising interest rates and oversupply, will launch The Coast Line residential development in Yau Tong","date":"July 5, 2023","format":false,"excerpt":"\r CK Asset Holdings will soon launch its The Coast Line residential project in Yau Tong, becoming the latest company to offer a new development in the city\u2019s weakening housing market.\r \r Source : South China Morning Post\r Read more...CK Asset dismisses concerns about rising interest rates and oversupply, will\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\/103212"}],"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=103212"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/103212\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=103212"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=103212"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=103212"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}