{"id":105465,"date":"2019-03-27T16:48:31","date_gmt":"2019-03-27T09:48:31","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/former-hong-kong-airport-site-sells-for-low-end-of-expectations-signalling-caution-as-major-developers-scout-for-residential-land\/"},"modified":"2019-03-27T18:05:42","modified_gmt":"2019-03-27T11:05:42","slug":"former-hong-kong-airport-site-sells-for-low-end-of-expectations-signalling-caution-as-major-developers-scout-for-residential-land","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/former-hong-kong-airport-site-sells-for-low-end-of-expectations-signalling-caution-as-major-developers-scout-for-residential-land\/","title":{"rendered":"Former Hong Kong airport site sells for low end of expectations, signalling caution as major developers scout for residential land"},"content":{"rendered":"


\nThe largest residential site at Hong Kong\u2019s former Kai Tak airport has been sold to a consortium of five major developers including Henderson Land Development and Wheelock Properties for HK$9.89 billion (US$1.26 billion), matching the low end of expectations as developers adopt a cautious market outlook.The Lands Department awarded the tender for the plot, which can yield 722,060 sq ft in gross floor area, to Infinite Sun on Tuesday.Other members of the alliance include China Overseas Land &\u2026
\n
\nSource : South China Morning Post
\nRead more…Former Hong Kong airport site sells for low end of expectations, signalling caution as major developers scout for residential land<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The largest residential site at Hong Kong\u2019s former Kai Tak airport has been sold to...<\/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-105465","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-rr3","jetpack-related-posts":[{"id":109304,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-sells-biggest-plot-of-kai-taks-land-at-discount-as-citys-unrest-drives-investors-to-the-sidelines-and-saps-risk-appetite\/","url_meta":{"origin":105465,"position":0},"title":"Hong Kong sells biggest plot of Kai Tak\u2019s land at discount as city\u2019s unrest drives investors to the sidelines and saps risk appetite","date":"July 24, 2019","format":false,"excerpt":"\r Hong Kong\u2019s government sold the biggest plot of residential land at the former Kai Tak airport at lower than expected price, as seven consecutive weeks of increasingly violent street protests drove many developers to the sidelines and sapped their appetite for long-term investments.Dragon Star H.K. Investments, a consortium of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":109157,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-land-sale-at-former-kowloon-airport-receives-muted-response-from-developers\/","url_meta":{"origin":105465,"position":1},"title":"Hong Kong land sale at former Kowloon airport receives muted response from developers","date":"July 19, 2019","format":false,"excerpt":"\r The largest residential site at Hong Kong\u2019s former Kai Tak airport received fewer than expected bids when a government tender closed at noon on Friday, as property developers take a more cautions stance on the local property market following recent downgrades to the city\u2019s economic outlook.The plot designated Area\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":100997,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-builders-pay-us1-billion-for-first-plot-on-runway-of-old-kai-tak-airport\/","url_meta":{"origin":105465,"position":2},"title":"Hong Kong builders pay US$1 billion for first plot on runway of old Kai Tak airport","date":"November 7, 2018","format":false,"excerpt":"\r What a difference six months makes. A plot of prime waterfront land in Hong Kong has sold at a price that is 18 per cent lower than a comparable tender in the same area. A consortium of four major local developers won the auction for the first residential site\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":123753,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developers-shop-for-bargains-as-chinas-once-deep-pocketed-asset-buyers-fall-on-hard-times-amid-debt-crackdown\/","url_meta":{"origin":105465,"position":3},"title":"Hong Kong developers shop for bargains as China\u2019s once deep-pocketed asset buyers fall on hard times amid debt crackdown","date":"December 11, 2021","format":false,"excerpt":"\r Lui Che-woo, one of Hong Kong\u2019s wealthiest men with a casino, hotels and apartments under his belt, met his match in late 2016 when his company K Wah International lost a bidding war to a Chinese airline that was on a land grab in the world\u2019s most expensive real\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":149233,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-land-sale-to-fetch-around-us76-million-amid-developer-caution\/","url_meta":{"origin":105465,"position":4},"title":"Hong Kong land sale to fetch around US$76 million amid developer caution","date":"January 24, 2025","format":false,"excerpt":"\r The New Territories site \u2013 the only residential plot offered in the previous quarter \u2013 has attracted bids from six developers.\r \r Source : South China Morning Post\r Read more...Hong Kong land sale to fetch around US million amid developer caution","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":119073,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/consortium-of-hong-kong-and-mainland-developers-wins-bid-for-last-parcel-of-land-in-lohas-park\/","url_meta":{"origin":105465,"position":5},"title":"Consortium of Hong Kong and mainland developers wins bid for last parcel of land in Lohas Park","date":"October 31, 2020","format":false,"excerpt":"\r A consortium of Hong Kong and mainland developers trumped eight bidders to win the last parcel of land in Hong Kong\u2019s largest residential enclave that would require an investment of up to HK$20 billion (US$2.6 billion).The tender for phase 13 development of Lohas Park in Tseung Kwan O has\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\/105465"}],"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=105465"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/105465\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=105465"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=105465"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=105465"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}