{"id":108960,"date":"2019-07-13T07:00:08","date_gmt":"2019-07-13T00:00:08","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/can-kai-tak-hong-kongs-former-airport-take-off-as-the-citys-second-business-district\/"},"modified":"2019-07-13T08:04:56","modified_gmt":"2019-07-13T01:04:56","slug":"can-kai-tak-hong-kongs-former-airport-take-off-as-the-citys-second-business-district","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/can-kai-tak-hong-kongs-former-airport-take-off-as-the-citys-second-business-district\/","title":{"rendered":"Can Kai Tak, Hong Kong\u2019s former airport, take off as the city\u2019s second business district?"},"content":{"rendered":"<p>&#013;<br \/>\nThe viability of repurposing Hong Kong\u2019s former airport at Kai Tak into the city\u2019s second business district by the 2020s is likely to fade further into the distant future, as the construction of basic amenities and infrastructure is delayed by a lengthy consultation process.A monorail network with 12 stations linking the former airport\u2019s runway precinct with neighbouring Kwun Tong and Kowloon Bay remains on paper, as the commencement of construction planned for 2018 is stuck midway in a three\u2026&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/business\/article\/3018335\/can-kai-tak-hong-kongs-former-airport-take-citys-second-business-district\" target=\"_blank\">Can Kai Tak, Hong Kong\u2019s former airport, take off as the city\u2019s second business district?<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; The viability of repurposing Hong Kong\u2019s former airport at Kai Tak into the city\u2019s second&#46;&#46;&#46;<\/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-108960","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-slq","jetpack-related-posts":[{"id":102606,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-developers-net-profit-at-hong-kongs-old-kai-tak-airport-to-lose-altitude-amid-turbulence-in-property-market\/","url_meta":{"origin":108960,"position":0},"title":"China developer\u2019s net profit at Hong Kong\u2019s old Kai Tak airport to lose altitude amid turbulence in property market","date":"December 30, 2018","format":false,"excerpt":"\r China Overseas Land & Investment is likely to see about a 15 per cent profit margin on its latest HK$8.03 billion parcel acquisition at the city\u2019s old airport site, far less than the windfall it made five years ago on its first purchases there, analysts say. China Overseas was\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":88325,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sun-hung-kai-pays-hk25-1-billion-for-hong-kongs-costliest-residential-land-at-kai-tak\/","url_meta":{"origin":108960,"position":1},"title":"Sun Hung Kai pays HK$25.1 billion for Hong Kong\u2019s costliest residential land at Kai Tak","date":"May 15, 2018","format":false,"excerpt":"\r Sun Hung Kai Properties has prevailed in a lacklustre tender for a plot of residential land at Hong Kong\u2019s former Kai Tak airport site, paying a record HK$25.16 billion (US$3.2 billion) for the city\u2019s most expensive land parcel, according to data provided by the Lands Department. The Kai Tak\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":41650,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-kai-tak-area-to-see-bidding-war-among-developers\/","url_meta":{"origin":108960,"position":2},"title":"Hong Kong\u2019s Kai Tak area to see bidding war among developers","date":"January 24, 2017","format":false,"excerpt":"\r The Hong Kong government\u2019s plan to add 16,000 residential units and 4.3 million sq ft of commercial space in the Kai Tak area - which will be within a 30 minute train ride to Admiralty by 2021 \u2013 is likely to stir up a fierce bidding war for land\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":116221,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/goldin-financial-loses-record-us331-5-million-on-resale-of-land-at-kai-tak-as-coronavirus-darkens-outlook-for-hong-kongs-property-market\/","url_meta":{"origin":108960,"position":3},"title":"Goldin Financial loses record US$331.5 million on resale of land at Kai Tak as coronavirus darkens outlook for Hong Kong\u2019s property market","date":"May 11, 2020","format":false,"excerpt":"\r A Hong Kong developer has suffered the biggest loss on a land sale in the city\u2019s history, offloading a residential plot at Kai Tak to raise cash to help it weather a market slump caused by the coronavirus pandemic.Goldin Financial Holdings, controlled by Pan Sutong, one of Hong Kong\u2019s\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":116311,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-withdraws-land-sale-at-kai-tak-airport-site-after-tepid-bids-by-developers-amid-citys-economic-contraction\/","url_meta":{"origin":108960,"position":4},"title":"Hong Kong withdraws land sale at Kai Tak Airport site after tepid bids by developers amid city\u2019s economic contraction","date":"May 13, 2020","format":false,"excerpt":"\r Hong Kong\u2019s government has withdrawn a land sale at the city\u2019s former Kai Tak Airport site after a tepid response from bidders, as the city\u2019s worst economic contraction in decades amid the coronavirus pandemic deterred developers from long-term investments.A plot at the former Kai Tak Airport site, which can\u2026","rel":"","context":"In &quot;Property News&quot;","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":108960,"position":5},"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 &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/108960"}],"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=108960"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/108960\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=108960"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=108960"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=108960"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}