{"id":106907,"date":"2019-05-07T17:42:30","date_gmt":"2019-05-07T10:42:30","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/kai-taks-third-largest-plot-of-residential-land-goes-to-henderson-led-consortium-for-record-hk12-6-billion\/"},"modified":"2019-05-07T18:05:29","modified_gmt":"2019-05-07T11:05:29","slug":"kai-taks-third-largest-plot-of-residential-land-goes-to-henderson-led-consortium-for-record-hk12-6-billion","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/kai-taks-third-largest-plot-of-residential-land-goes-to-henderson-led-consortium-for-record-hk12-6-billion\/","title":{"rendered":"Kai Tak\u2019s third-largest plot of residential land goes to Henderson-led consortium for record HK$12.6 billion"},"content":{"rendered":"


\nA consortium of six developers including Henderson Land Development agreed to pay HK$12.6 billion (US$1.6 billion) for the third-largest residential plot at the runway of Hong Kong’s former Kai Tak airport. The total price translates to HK$19,636 per square foot, which means a flat complex built on the site will sell for at least HK$30,000 per sq ft, inclusive of a construction cost of HK$5,000 per sq ft and a 20 per cent profit margin for the developer. Besides Henderson, the consortium\u2026
\n
\nSource : South China Morning Post
\nRead more…Kai Tak\u2019s third-largest plot of residential land goes to Henderson-led consortium for record HK.6 billion<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

A consortium of six developers including Henderson Land Development agreed to pay HK$12.6 billion (US$1.6...<\/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-106907","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-rOj","jetpack-related-posts":[{"id":112338,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/developers-pick-up-kai-taks-most-valuable-harbourfront-land-plot-at-27-per-cent-discount-as-protests-send-property-market-into-tailspin\/","url_meta":{"origin":106907,"position":0},"title":"Developers pick up Kai Tak\u2019s most valuable harbourfront land plot at 27 per cent discount as protests send property market into tailspin","date":"November 13, 2019","format":false,"excerpt":"\r A consortium of Hong Kong developers bought the most valuable parcel of residential land on the runway of the city\u2019s former airport for a discount, as six months of the city\u2019s worst political crisis sent the local property market into a tailspin.China Overseas Land & Investment, Henderson Land Development,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"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":106907,"position":1},"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":106819,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/developers-rush-to-bid-for-kai-taks-latest-residential-land-plot-as-bull-market-returns-to-hong-kongs-real-estate\/","url_meta":{"origin":106907,"position":2},"title":"Developers rush to bid for Kai Tak\u2019s latest residential land plot as bull market returns to Hong Kong\u2019s real estate","date":"May 3, 2019","format":false,"excerpt":"\r Developers submitted seven bids for the third-largest residential plot at Hong Kong's former Kai Tak airport, as April sales data showed home transactions jumping by 52.8 per cent from March, in a clear sign of the bull market\u2019s return to the world's most expensive city.Kai Tak\u2019s Area 4C Site\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":105465,"url":"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\/","url_meta":{"origin":106907,"position":3},"title":"Former Hong Kong airport site sells for low end of expectations, signalling caution as major developers scout for residential land","date":"March 27, 2019","format":false,"excerpt":"\r The 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\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":106907,"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":79758,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-troubled-hna-group-flips-kai-tak-plots-to-henderson-land-for-a-profit-of-hk1-7-billion\/","url_meta":{"origin":106907,"position":5},"title":"China\u2019s troubled HNA Group flips Kai Tak plots to Henderson Land for a profit of HK$1.7 billion","date":"February 13, 2018","format":false,"excerpt":"\r HNA Group, the financially troubled Chinese conglomerate, has made a quick HK$1.7 billion (US$217 million) by selling two of its four Hong Kong residential plots bought 15 months ago for a record sum to one of the city\u2019s biggest developers. The two plots at the site of Hong Kong\u2019s\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\/106907"}],"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=106907"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/106907\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=106907"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=106907"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=106907"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}