{"id":110771,"date":"2019-09-14T08:15:09","date_gmt":"2019-09-14T01:15:09","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-government-to-sell-off-site-on-top-of-west-kowloon-station-expected-to-fetch-record-us11-5-billion\/"},"modified":"2019-09-14T09:04:59","modified_gmt":"2019-09-14T02:04:59","slug":"hong-kong-government-to-sell-off-site-on-top-of-west-kowloon-station-expected-to-fetch-record-us11-5-billion","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-government-to-sell-off-site-on-top-of-west-kowloon-station-expected-to-fetch-record-us11-5-billion\/","title":{"rendered":"Hong Kong government to sell off site on top of West Kowloon station expected to fetch record US$11.5 billion"},"content":{"rendered":"


\nThe Hong Kong government is putting up for tender the biggest and most expensive plot of land it has ever sold, shrugging off concerns about the effects of unprecedented civil unrest on market sentiment. The six-hectare commercial site directly on top of the West Kowloon high-speed rail terminus is expected to fetch a record price of about HK$90 billion (US$11.5 billion). It is seen attracting a winning bid of between HK$20,000 and HK$28,000 per square foot. That estimate, by Knight Frank,\u2026
\n
\nSource : South China Morning Post
\nRead more…Hong Kong government to sell off site on top of West Kowloon station expected to fetch record US.5 billion<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The Hong Kong government is putting up for tender the biggest and most expensive plot...<\/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-110771","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-sOD","jetpack-related-posts":[{"id":27399,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/prime-site-in-kowloon-tongs-beacon-hill-expected-to-sell-for-more-than-hk7-billion\/","url_meta":{"origin":110771,"position":0},"title":"Prime site in Kowloon Tong\u2019s Beacon Hill expected to sell for more than HK$7 billion","date":"September 27, 2016","format":false,"excerpt":"\r Aggressive bidding from Hong Kong and mainland developers could push the price for a large luxury residential site at Beacon Hill in Kowloon Tong as high as HK$7.2 billion by the time the tenders close on Friday. The 235,182 square feet (sq ft) site on Lung Cheung Road is\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":172700,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-land-sale-stuns-market-as-hk4-3b-bid-hits-5-year-kowloon-high\/","url_meta":{"origin":110771,"position":1},"title":"Hong Kong land sale stuns market as HK$4.3b bid hits 5-year Kowloon high","date":"October 6, 2026","format":false,"excerpt":"\r Kerry Properties has won a land plot in Ho Man Tin for HK$4.31 billion (US$549 million), the highest price paid for a residential site in Kowloon in nearly five years, as developers show confidence in demand for luxury homes. The site on Fat Kwong Street sold at HK$20,738 per\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":27889,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/luxury-residential-site-in-kowloon-tongs-beacon-hill-attracts-strong-interest-from-developers\/","url_meta":{"origin":110771,"position":2},"title":"Luxury residential site in Kowloon Tong\u2019s Beacon Hill attracts strong interest from developers","date":"September 30, 2016","format":false,"excerpt":"\r A large luxury residential site at Beacon Hill in Kowloon Tong, a traditional prestigious address in Hong Kong, has drawn at least 10 bids, which could fetch as much as HK$7.5 billion. The government tender closed at Friday noon. The site attracted developers such as Cheung Kong Property, the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":68636,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/looking-for-a-flat-for-under-hk10000m-on-hong-kong-island-or-kowloon-no-chance-says-leading-agency\/","url_meta":{"origin":110771,"position":3},"title":"Looking for a flat for under HK$10,000\/m on Hong Kong Island or Kowloon? \u2018No chance,\u2019 says leading agency","date":"October 10, 2017","format":false,"excerpt":"\r Flats to rent under HK$10,000 (US$1,281) per month have almost vanished from the urban area of Hong Kong \u2013 the most expensive housing market in the world, according to latest research by Centaline Property Agency. Urban areas refer to Hong Kong Island and Kowloon, however subdivided flats are not\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":170512,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/kowloon-east-site-attracts-nine-bids-as-hong-kong-housing-outlook-brightens\/","url_meta":{"origin":110771,"position":4},"title":"Kowloon East site attracts nine bids as Hong Kong housing outlook brightens","date":"February 6, 2026","format":false,"excerpt":"\r Hong Kong\u2019s tender for a 3,132 square metre (33,712 sq ft) residential plot in Ngau Tau Kok, Kowloon East, has drawn nine bids, according to the Development Bureau. The site was estimated to be worth as much as HK$1.55 billion (US$198 million), according to real estate services provider CBRE.\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":76762,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developer-secures-extension-for-hk2-4-billion-loan-related-to-kai-tak-project\/","url_meta":{"origin":110771,"position":5},"title":"Hong Kong developer secures extension for HK$2.4 billion loan related to Kai Tak project","date":"January 15, 2018","format":false,"excerpt":"\r Chinese conglomerate HNA Group has secured a six-month extension for a HK$2.4 billion (US$306.75 million) bridging loan related to its residential project at the site of Hong Kong\u2019s old airport. Hong Kong International Investment Group, formerly known as HNA Holding International Investment Group, announced the extension before the loan\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\/110771"}],"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=110771"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/110771\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=110771"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=110771"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=110771"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}