{"id":103234,"date":"2019-01-23T17:45:39","date_gmt":"2019-01-23T10:45:39","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/sun-hung-kai-pays-us1-43-billion-for-kai-tak-residential-plot-in-subdued-tender-that-underscores-downbeat-market\/"},"modified":"2019-01-23T18:06:07","modified_gmt":"2019-01-23T11:06:07","slug":"sun-hung-kai-pays-us1-43-billion-for-kai-tak-residential-plot-in-subdued-tender-that-underscores-downbeat-market","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sun-hung-kai-pays-us1-43-billion-for-kai-tak-residential-plot-in-subdued-tender-that-underscores-downbeat-market\/","title":{"rendered":"Sun Hung Kai pays US$1.43 billion for Kai Tak residential plot in subdued tender that underscores downbeat market"},"content":{"rendered":"


\nSun Hung Kai Properties, Hong Kong\u2019s biggest developer, has won a government tender for the fourth plot of residential land at Kai Tak, paying HK$11.26 billion (US$1.43 billion) for the parcel at the city\u2019s former airport.
\nAt HK$17,360 per sq ft, the winning price for Kai Tak Area 4C Site 3 was the highest paid for a purely residential plot in the area, close to the lower end of the price range expected by valuers, of between HK$10.4 billion and HK$13 billion, or HK$16,000 to HK$20,…
\n
\nSource : South China Morning Post
\nRead more…Sun Hung Kai pays US.43 billion for Kai Tak residential plot in subdued tender that underscores downbeat market<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Sun Hung Kai Properties, Hong Kong\u2019s biggest developer, has won a government tender for the...<\/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-103234","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-qR4","jetpack-related-posts":[{"id":88325,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sun-hung-kai-pays-hk25-1-billion-for-hong-kongs-costliest-residential-land-at-kai-tak\/","url_meta":{"origin":103234,"position":0},"title":"Sun Hung Kai pays HK$25.1 billion for Hong Kong\u2019s costliest residential land at Kai Tak","date":"May 15, 2018","format":false,"excerpt":"\r Sun Hung Kai Properties has prevailed in a lacklustre tender for a plot of residential land at Hong Kong\u2019s former Kai Tak airport site, paying a record HK$25.16 billion (US$3.2 billion) for the city\u2019s most expensive land parcel, according to data provided by the Lands Department. The Kai Tak\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":38931,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/kai-tak-government-tender-attracts-at-least-15-bids\/","url_meta":{"origin":103234,"position":1},"title":"Kai Tak government tender attracts at least 15 bids","date":"December 23, 2016","format":false,"excerpt":"\r At least 15 bids from developers have been submitted for a residential site in Kai Tak, the last land tender by the government this year. The site, known as Kai Tak Area IK Site 2, is located in front of another plot sold to HNA Holding Group for HK$8.84\u2026","rel":"","context":"In "Property News"","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":103234,"position":2},"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 "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":103234,"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":112674,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sun-hung-kai-pays-a-record-hk42-2-billion-for-austin-road-commercial-plot-in-hong-kongs-costliest-land-tender\/","url_meta":{"origin":103234,"position":4},"title":"Sun Hung Kai pays a record HK$42.2 billion for Austin Road commercial plot in Hong Kong\u2019s costliest land tender","date":"November 27, 2019","format":false,"excerpt":"\r Sun Hung Kai Properties (SHKP), Hong Kong\u2019s largest developer by value, has won the biggest commercial parcel ever sold in the city for a record HK$42.2 billion (US$5.4 billion).The winner beat CK Asset Holdings, a consortium comprising Wharf Holdings, Sino Land, Henderson Land Development, Chinese Estate Holdings and Lifestyle\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":101256,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sigh-of-relief-as-second-plot-on-hong-kongs-kai-tak-runway-fetches-more-than-first\/","url_meta":{"origin":103234,"position":5},"title":"Sigh of relief as second plot on Hong Kong\u2019s Kai Tak runway fetches more than first","date":"November 14, 2018","format":false,"excerpt":"\r Hong Kong property observers breathed a sigh of relief on Wednesday when a piece of prime waterfront land at the city\u2019s former airport fetched a higher price than a neighbouring plot a week earlier because of its superior sea views. Goldin Financial Holdings won the tender for the second\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\/103234"}],"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=103234"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/103234\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=103234"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=103234"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=103234"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}