{"id":111056,"date":"2019-09-25T17:46:43","date_gmt":"2019-09-25T10:46:43","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/plot-of-land-at-kai-tak-withdrawn-from-government-tender-after-failing-to-attract-high-enough-bids\/"},"modified":"2019-09-25T18:05:45","modified_gmt":"2019-09-25T11:05:45","slug":"plot-of-land-at-kai-tak-withdrawn-from-government-tender-after-failing-to-attract-high-enough-bids","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/plot-of-land-at-kai-tak-withdrawn-from-government-tender-after-failing-to-attract-high-enough-bids\/","title":{"rendered":"Plot of land at Kai Tak withdrawn from government tender after failing to attract high enough bids"},"content":{"rendered":"


\nA plot of commercial land at the site of Hong Kong\u2019s former international airport has been withdrawn from sale after it failed to attract a high enough bid, the Land Department said on Wednesday.The government had rejected all five bids received for the purchase of Area 4C Site 4 at Kai Tak because \u201cthe tendered premiums did not meet the government’s reserve price for the site,\u201d the authority said.More to follow…
\n
\nSource : South China Morning Post
\nRead more…Plot of land at Kai Tak withdrawn from government tender after failing to attract high enough bids<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

A plot of commercial land at the site of Hong Kong\u2019s former international airport has...<\/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-111056","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-sTe","jetpack-related-posts":[{"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":111056,"position":0},"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":[]},{"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":111056,"position":1},"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 "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":111056,"position":2},"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":38931,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/kai-tak-government-tender-attracts-at-least-15-bids\/","url_meta":{"origin":111056,"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":100829,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/first-land-plot-for-sale-on-the-former-runway-at-kai-tak-receives-lacklustre-response-from-developers\/","url_meta":{"origin":111056,"position":4},"title":"First land plot for sale on the former runway at Kai Tak receives \u2018lacklustre\u2019 response from developers","date":"November 2, 2018","format":false,"excerpt":"\r The first residential plot for sale on the runway of the city\u2019s former Kai Tak airport received eight bids from property developers at the tender close on Friday, reflecting a weakening appetite for land acquisitions as the city\u2019s property market comes under pressure amid a worsening US-China trade war\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":101081,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/surveyors-cut-valuations-of-plot-at-kai-tak-to-february-levels-as-tender-draws-muted-response\/","url_meta":{"origin":111056,"position":5},"title":"Surveyors cut valuations of plot at Kai Tak to February levels as tender draws muted response","date":"November 9, 2018","format":false,"excerpt":"\r Surveyors have slashed their valuations for a plot of land on the site of Hong Kong\u2019s former international airport as the tender for the development met with a lukewarm response. The residential plot at Kai Tak received just seven bids on Friday, less than expected, indicating a much cooler\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\/111056"}],"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=111056"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/111056\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=111056"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=111056"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=111056"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}