{"id":109830,"date":"2019-08-12T17:40:42","date_gmt":"2019-08-12T10:40:42","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/far-east-picks-up-the-smallest-land-plot-at-kai-tak-at-discount-as-public-unrest-deters-developers-from-long-term-investments\/"},"modified":"2019-08-12T18:03:18","modified_gmt":"2019-08-12T11:03:18","slug":"far-east-picks-up-the-smallest-land-plot-at-kai-tak-at-discount-as-public-unrest-deters-developers-from-long-term-investments","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/far-east-picks-up-the-smallest-land-plot-at-kai-tak-at-discount-as-public-unrest-deters-developers-from-long-term-investments\/","title":{"rendered":"Far East picks up the smallest land plot at Kai Tak at discount, as public unrest deters developers from long-term investments"},"content":{"rendered":"


\nHong Kong\u2019s government sold the smallest land parcel at the former Kai Tak airport at a discount to market expectations, as the city\u2019s 10 consecutive weeks of public unrest deterred developers from committing to long-term investments.The commercial site, located next to the Kai Tak Sports Park built over the former airfield, sold for HK$2.45 billion (US$312 million), 9.4 per cent less than the lower end of the HK$2.7 billion to HK$3.6 billion range that valuers were looking for. Far East\u2026
\n
\nSource : South China Morning Post
\nRead more…Far East picks up the smallest land plot at Kai Tak at discount, as public unrest deters developers from long-term investments<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Hong Kong\u2019s government sold the smallest land parcel at the former Kai Tak airport at...<\/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-109830","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-szs","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":109830,"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":38282,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/still-keen-kai-tak-site-draws-18-bids-as-hong-kong-developers-maintain-interest-for-land\/","url_meta":{"origin":109830,"position":1},"title":"Still keen: Kai Tak site draws 18 bids as Hong Kong developers maintain interest for land","date":"December 16, 2016","format":false,"excerpt":"\r Property developers submitted at least 18 bids for a parcel of land at Hong Kong\u2019s former Kai Tak airport, a day after the long-awaited interest rate increase by the US Federal and Hong Kong Monetary Authority. The parcel, adjacent to a Kai Tak site that sold for a record\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"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":109830,"position":2},"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":38931,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/kai-tak-government-tender-attracts-at-least-15-bids\/","url_meta":{"origin":109830,"position":3},"title":"Kai Tak government tender attracts at least 15 bids","date":"December 23, 2016","format":false,"excerpt":"\r At least 15 bids from developers have been submitted for a residential site in Kai Tak, the last land tender by the government this year. The site, known as Kai Tak Area IK Site 2, is located in front of another plot sold to HNA Holding Group for HK$8.84\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":109830,"position":4},"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":107142,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/first-seafront-commercial-plot-of-land-on-kai-tak-runway-sells-for-record-hk11-1-billion\/","url_meta":{"origin":109830,"position":5},"title":"First seafront commercial plot of land on Kai Tak runway sells for record HK$11.1 billion","date":"May 15, 2019","format":false,"excerpt":"\r The 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\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\/109830"}],"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=109830"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/109830\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=109830"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=109830"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=109830"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}