{"id":104753,"date":"2019-03-07T06:03:54","date_gmt":"2019-03-06T23:03:54","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/joint-ventures-the-only-way-out-for-developers-eyeing-huge-commercial-site-atop-high-speed-rail-terminus-worth-us14-billion\/"},"modified":"2019-03-07T08:17:38","modified_gmt":"2019-03-07T01:17:38","slug":"joint-ventures-the-only-way-out-for-developers-eyeing-huge-commercial-site-atop-high-speed-rail-terminus-worth-us14-billion","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/joint-ventures-the-only-way-out-for-developers-eyeing-huge-commercial-site-atop-high-speed-rail-terminus-worth-us14-billion\/","title":{"rendered":"Joint ventures the only way out for developers eyeing huge commercial site atop high-speed rail terminus worth US$14 billion"},"content":{"rendered":"


\nEven the wealthiest of Hong Kong developers do not have enough cash to bid individually for a prime commercial site atop the high speed rail terminus in Kowloon that is likely to fetch about HK$110 billion (US$14 billion), which will compel them to form consortiums to spread the risk of developing such a huge project, say market watchers.The government is determined to sell the 632,917 square foot plot, expected to yield a total gross floor area of 3.16 million sq ft, as a whole. It is also\u2026
\n
\nSource : South China Morning Post
\nRead more…Joint ventures the only way out for developers eyeing huge commercial site atop high-speed rail terminus worth US billion<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Even the wealthiest of Hong Kong developers do not have enough cash to bid individually...<\/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-104753","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-rfz","jetpack-related-posts":[{"id":89906,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/3-reasons-why-scrapping-the-hsr-project-may-be-bad-for-jurong\/","url_meta":{"origin":104753,"position":0},"title":"3 reasons why scrapping the HSR project may be bad for Jurong","date":"May 30, 2018","format":false,"excerpt":"\r Artist\u2019s impression of the HSR terminus in Jurong East. The growth prospects of Jurong\u2019s property market may have dimmed after Malaysia\u2019s new Prime Minister Dr Mahathir Mohamad on Monday (28 May) said a \u201cfinal decision\u201d was made to scrap the Kuala Lumpur-Singapore High Speed Rail (HSR) project. Both countries\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i1.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2018\/05\/Jurong-Lake-District.jpg?fit=820%2C410&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":100444,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/high-speed-rail-delay-unlikely-to-impact-singapore-malaysia-ties\/","url_meta":{"origin":104753,"position":1},"title":"High Speed Rail delay unlikely to impact Singapore-Malaysia ties","date":"October 24, 2018","format":false,"excerpt":"\r Artist\u2019s impression of the HSR terminus in Jurong East. The decision to defer the construction of the Singapore-Kuala Lumpur High Speed Rail (HSR) until May 2020 is unlikely to cause a strain between the relationship of both countries, reported Bernama. According to Malaysia\u2019s Economic Affairs Minister Datuk Seri Mohamed\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":118677,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sun-hung-kai-properties-makes-massive-changes-to-west-kowloon-project-drops-one-tower-and-adds-more-open-space\/","url_meta":{"origin":104753,"position":2},"title":"Sun Hung Kai Properties makes massive changes to West Kowloon project, drops one tower and adds more open space","date":"September 18, 2020","format":false,"excerpt":"\r Sun Hung Kai Properties, which paid HK$42.2 billion (US$5.45 billion) for the huge plot of land at the High Speed Rail terminus in West Kowloon, has made several changes to its original plan approved by the Town Planning Board earlier this year.According to the developer\u2019s new plan submitted to\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":112553,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-biggest-land-auction-attracts-at-least-three-bids-as-site-near-protest-flashpoint-loses-value\/","url_meta":{"origin":104753,"position":3},"title":"Hong Kong\u2019s biggest land auction attracts at least three bids as site near protest flashpoint loses value","date":"November 22, 2019","format":false,"excerpt":"\r Hong Kong\u2019s biggest land auction, involving a site that became the latest flashpoint in more than five months of anti-government protests, has attracted at least three bidders from among the city\u2019s richest developers.Sun Hung Kai Properties and CK Asset Holdings have submitted bids for the 5.88-hectare commercial plot atop\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":97362,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/singapore-and-malaysia-agree-to-postpone-high-speed-rail-project\/","url_meta":{"origin":104753,"position":4},"title":"Singapore and Malaysia agree to postpone High Speed Rail project","date":"September 6, 2018","format":false,"excerpt":"\r Artist\u2019s impression of the HSR terminus in Jurong East. While many may be disappointed, Singapore and Malaysia\u2019s agreement to postpone the development of the Kuala Lumpur-Singapore High-Speed Rail (HSR) offers greater clarity on the way forward for the mega project, said Singapore Transport Minister Khaw Boon Wan in a\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":110771,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-government-to-sell-off-site-on-top-of-west-kowloon-station-expected-to-fetch-record-us11-5-billion\/","url_meta":{"origin":104753,"position":5},"title":"Hong Kong government to sell off site on top of West Kowloon station expected to fetch record US$11.5 billion","date":"September 14, 2019","format":false,"excerpt":"\r The Hong Kong government is putting up for tender the biggest and most expensive plot of land it has ever sold, shrugging off concerns about the effects of unprecedented civil unrest on market sentiment.\r\rThe six-hectare commercial site directly on top of the West Kowloon high-speed rail terminus is expected\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\/104753"}],"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=104753"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/104753\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=104753"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=104753"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=104753"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}