{"id":106698,"date":"2019-04-30T06:00:22","date_gmt":"2019-04-29T23:00:22","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/king-of-cassettes-david-chan-ping-chi-to-sell-subdivided-office-units-at-the-center-for-up-to-47-per-cent-profit\/"},"modified":"2019-04-30T07:02:53","modified_gmt":"2019-04-30T00:02:53","slug":"king-of-cassettes-david-chan-ping-chi-to-sell-subdivided-office-units-at-the-center-for-up-to-47-per-cent-profit","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/king-of-cassettes-david-chan-ping-chi-to-sell-subdivided-office-units-at-the-center-for-up-to-47-per-cent-profit\/","title":{"rendered":"\u2018King of Cassettes\u2019 David Chan Ping-chi to sell subdivided office units at The Center for up to 47 per cent profit"},"content":{"rendered":"


\nCassette tape and CD magnate David Chan Ping-chi, one of 10 ultra wealthy investors who paid a world record US$5.15 billion for The Center in late 2017, is offering subdivided office units in the landmark skyscraper for up to 47 per cent more than what he spent.Chan could pull in sales revenue of HK$1.3 billion (US$170 million) if all 12 units on the 39th floor are sold. Each floor of the 73-storey The Center covers an area of 26,000 square feet.\u201cFive units have been reserved. Details of the\u2026
\n
\nSource : South China Morning Post
\nRead more…\u2018King of Cassettes\u2019 David Chan Ping-chi to sell subdivided office units at The Center for up to 47 per cent profit<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Cassette tape and CD magnate David Chan Ping-chi, one of 10 ultra wealthy investors who...<\/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-106698","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-rKW","jetpack-related-posts":[{"id":160376,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-cassette-king-offers-to-sell-luxury-property-to-pare-debt\/","url_meta":{"origin":106698,"position":0},"title":"Hong Kong\u2019s \u2018Cassette King\u2019 offers to sell luxury property to pare debt","date":"September 3, 2025","format":false,"excerpt":"\r One of Hong Kong\u2019s best-known real estate investors has put another luxury home up for sale at a discount, as the city\u2019s property glut and elevated interest rates weigh on highly leveraged entrepreneurs. David Chan Ping-chi, dubbed the \u201cCassette King\u201d for his fortunes made from producing audiovisual cassettes and\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":126729,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/how-estate-agents-and-landlords-should-implement-hong-kongs-new-tenancy-control-regime-for-subdivided-units\/","url_meta":{"origin":106698,"position":1},"title":"How estate agents and landlords should implement Hong Kong\u2019s new tenancy control regime for subdivided units","date":"May 17, 2022","format":false,"excerpt":"\r The government has implemented a new tenancy control regime for subdivided units under Part IVA of the Landlord and Tenant (Consolidation) Ordinance, which came into effect on 22 January this year.\r \r Source : South China Morning Post\r Read more...How estate agents and landlords should implement Hong Kong\u2019s new\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":121625,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/tenancy-control-on-subdivided-flats-a-step-forward-not-long-term-solution-to-hong-kongs-housing-crisis\/","url_meta":{"origin":106698,"position":2},"title":"Tenancy control on subdivided flats: a step forward, not long-term solution to Hong Kong\u2019s housing crisis","date":"August 24, 2021","format":false,"excerpt":"\r Housing crisis has long been a pressing issue for Hong Kong, one of the most expensive property markets in the world.Amid a lack of affordable housing, the waiting time for public rental housing is 5.8 years on average. Many low-income households therefore have no choice but to live in\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":115953,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sun-hung-kai-kwok-family-sell-30-per-cent-stake-in-office-space-at-hong-kongs-most-expensive-commercial-site-to-ping-an-life-for-us1-45-billion\/","url_meta":{"origin":106698,"position":3},"title":"Sun Hung Kai, Kwok family sell 30 per cent stake in office space at Hong Kong\u2019s most expensive commercial site to Ping An Life for US$1.45 billion","date":"April 29, 2020","format":false,"excerpt":"\r Sun Hung Kai Properties (SHKP) and its controlling shareholder, the Kwok family, are to sell 30 per cent of the office portion of Hong Kong\u2019s most expensive commercial project.\r\rPing An Life Insurance will buy the space on top of the West Kowloon high-speed rail station for HK$11.27 billion (US$1.45\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":112666,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/small-subdivided-flats-in-shanghais-european-heritage-homes-a-hit-among-young-homebuyers-looking-for-central-location\/","url_meta":{"origin":106698,"position":4},"title":"Small subdivided flats in Shanghai\u2019s European heritage homes a hit among young homebuyers looking for central location","date":"November 27, 2019","format":false,"excerpt":"\r Young homebuyers in Shanghai are choosing subdivided flats in European heritage houses in the city\u2019s former international settlement districts over newer developments, according to market observers.Sales of heritage houses, including those of entire 200 square metre to 300 square metre villas and subdivided small homes in such houses, is\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":39185,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-to-top-fiscal-2016-housing-supply-by-8-per-cent\/","url_meta":{"origin":106698,"position":5},"title":"Hong Kong to top fiscal 2016 housing supply by 8 per cent","date":"December 29, 2016","format":false,"excerpt":"\r Hong Kong\u2019s government is expected to add 19,460 apartment units to the city\u2019s housing supply for the 2016 fiscal year ending March 31, surpassing its target by 8 per cent, according to a city official. The government will sell two residential sites by tender in the fourth fiscal quarter,\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\/106698"}],"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=106698"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/106698\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=106698"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=106698"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=106698"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}