{"id":107142,"date":"2019-05-15T19:09:51","date_gmt":"2019-05-15T12:09:51","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/first-seafront-commercial-plot-of-land-on-kai-tak-runway-sells-for-record-hk11-1-billion\/"},"modified":"2019-05-15T20:04:39","modified_gmt":"2019-05-15T13:04:39","slug":"first-seafront-commercial-plot-of-land-on-kai-tak-runway-sells-for-record-hk11-1-billion","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/first-seafront-commercial-plot-of-land-on-kai-tak-runway-sells-for-record-hk11-1-billion\/","title":{"rendered":"First seafront commercial plot of land on Kai Tak runway sells for record HK$11.1 billion"},"content":{"rendered":"


\nThe first seafront commercial plot of land on the runway of Hong Kong\u2019s former airport, Kai Tak, has sold for a record HK$11.1 billion (US$1.41 billion), the city\u2019s Lands Department said on Wednesday.Hong Kong developer Goldin Financial Holdings shrugged off the turmoil of an escalating trade war to win the tender for Kai Tak 4C Site 4, the second commercial plot on the runway to be offered for sale. At HK$12,888 per square foot, the sale was broadly in line with a forecast of HK$13,000 per\u2026
\n
\nSource : South China Morning Post
\nRead more…First seafront commercial plot of land on Kai Tak runway sells for record HK.1 billion<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The first seafront commercial plot of land on the runway of Hong Kong\u2019s former airport,...<\/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-107142","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-rS6","jetpack-related-posts":[{"id":110925,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/abandoned-hk11-1-billion-kai-tak-commercial-plot-has-its-wings-clipped-by-protests-is-back-on-market-for-40-per-cent-less\/","url_meta":{"origin":107142,"position":0},"title":"Abandoned HK$11.1 billion Kai Tak commercial plot has its wings clipped by protests, is back on market for 40 per cent less","date":"September 20, 2019","format":false,"excerpt":"\r A commercial site on the runway of Hong Kong\u2019s former airport that was abandoned because of \u201csocial contradiction and economic instability\u201d on June 11, following a successful record bid of HK$11.1 billion (US$1.4 billion), is back on the market \u2013 but may be worth 40 per cent less.The Lands\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":107142,"position":1},"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":[]},{"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":107142,"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":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":107142,"position":3},"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":107005,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/developers-are-lukewarm-on-kai-taks-commercial-plot-as-trade-war-impasse-creates-an-anticlimax-to-a-week-of-record-home-sales\/","url_meta":{"origin":107142,"position":4},"title":"Developers are lukewarm on Kai Tak\u2019s commercial plot as trade war impasse creates an anticlimax to a week of record home sales","date":"May 10, 2019","format":false,"excerpt":"\r The second commercial property plot on the runway of Hong Kong\u2019s former airport received fewer bidders when a government tender closed on Friday, as the absence of a resolution in the US-China trade war provided an anticlimax to a week of record-breaking sales in the city\u2019s home market.Area 4C\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":106907,"url":"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\/","url_meta":{"origin":107142,"position":5},"title":"Kai Tak\u2019s third-largest plot of residential land goes to Henderson-led consortium for record HK$12.6 billion","date":"May 7, 2019","format":false,"excerpt":"\r A 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.\r\rThe total price translates to HK$19,636 per square foot, which means a flat complex built on the site will\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\/107142"}],"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=107142"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/107142\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=107142"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=107142"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=107142"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}