{"id":108332,"date":"2019-06-21T19:28:44","date_gmt":"2019-06-21T12:28:44","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/weak-response-among-property-firms-to-kai-tak-residential-plot-a-week-after-sale-was-cancelled-due-to-hong-kong-protests\/"},"modified":"2019-06-21T20:03:18","modified_gmt":"2019-06-21T13:03:18","slug":"weak-response-among-property-firms-to-kai-tak-residential-plot-a-week-after-sale-was-cancelled-due-to-hong-kong-protests","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/weak-response-among-property-firms-to-kai-tak-residential-plot-a-week-after-sale-was-cancelled-due-to-hong-kong-protests\/","title":{"rendered":"Weak response among property firms to Kai Tak residential plot a week after sale was cancelled due to Hong Kong protests"},"content":{"rendered":"


\nA residential plot at Hong Kong\u2019s old airport received a lukewarm response from developers on Friday, with only about five bids submitted for the oceanfront piece of land by 7pm.The sale of Area 4C Site 1 on the Kai Tak runway was postponed last week because of mass protests in Hong Kong. The plot could yield 714,374 sq ft of gross floor area for an estimated HK$20,000 (US$2,560) per square foot, and is expected to set a price record.\u201cIt is a really bad reaction for a plot at such a prime\u2026
\n
\nSource : South China Morning Post
\nRead more…Weak response among property firms to Kai Tak residential plot a week after sale was cancelled due to Hong Kong protests<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

A residential plot at Hong Kong\u2019s old airport received a lukewarm response from developers on...<\/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-108332","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-sbi","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":108332,"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":87753,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/kai-tak-plot-could-fetch-us3-25-billion-smashing-records-for-hong-kong-land-sales\/","url_meta":{"origin":108332,"position":1},"title":"Kai Tak plot could fetch US$3.25 billion, smashing records for Hong Kong land sales","date":"May 11, 2018","format":false,"excerpt":"\r Developers bidding for what could become the most expensive plot of residential land in Hong Kong\u2019s history are forming consortiums in what analysts say may be an attempt to spread the financial risk. At least five bids had been submitted for the parcel on the site of Hong Kong\u2019s\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":108332,"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":108070,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/kai-tak-sale-hong-kong-government-postpones-land-tender-for-the-first-time-as-protests-throw-city-out-of-gear\/","url_meta":{"origin":108332,"position":3},"title":"Kai Tak sale: Hong Kong government postpones land tender for the first time as protests throw city out of gear","date":"June 13, 2019","format":false,"excerpt":"\r The Hong Kong government has for the first time in its history postponed the tender of a large waterfront residential site at the former Kai Tak airport after violent street protests against a controversial extradition bill rocked the city.\u201cThe Central Tender Board announces that the closing time for tenders\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":108332,"position":4},"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":103489,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/first-commercial-plot-on-kai-tak-runway-fails-to-take-off-as-hong-kong-rejects-all-nine-bids-for-site\/","url_meta":{"origin":108332,"position":5},"title":"First commercial plot on Kai Tak runway fails to take off as Hong Kong rejects all nine bids for site","date":"January 30, 2019","format":false,"excerpt":"\r The first commercial plot to be tendered on the runway of Hong Kong\u2019s old airport at Kai Tak was withdrawn from sale on Wednesday, after the Lands Department announced it had rejected all nine tenders received for the land. That all tenders failed to meet the government\u2019s requirements suggests\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\/108332"}],"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=108332"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/108332\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=108332"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=108332"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=108332"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}