{"id":111173,"date":"2019-09-28T06:30:14","date_gmt":"2019-09-27T23:30:14","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/most-expensive-kai-tak-project-launch-first-in-two-years-meets-tepid-demand-amid-market-hit-by-protests-and-trade-war\/"},"modified":"2019-09-28T07:03:29","modified_gmt":"2019-09-28T00:03:29","slug":"most-expensive-kai-tak-project-launch-first-in-two-years-meets-tepid-demand-amid-market-hit-by-protests-and-trade-war","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/most-expensive-kai-tak-project-launch-first-in-two-years-meets-tepid-demand-amid-market-hit-by-protests-and-trade-war\/","title":{"rendered":"Most expensive Kai Tak project launch, first in two years, meets tepid demand amid market hit by protests and trade war"},"content":{"rendered":"


\nThe most expensive new flats ever to go on the market at Kai Tak, the site of Hong Kong\u2019s former international airport, met with a frosty reception on Friday as buyers held back amid a market reeling from months of civil unrest and the effects of the US-China trade war.By 10pm, just 98 of the 218 units on sale at Upper Riverbank had found owners, a disappointing show when compared to similar project launches.The first residential project at Kai Tak to be launched in the last two years \u201cis\u2026
\n
\nSource : South China Morning Post
\nRead more…Most expensive Kai Tak project launch, first in two years, meets tepid demand amid market hit by protests and trade war<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The most expensive new flats ever to go on the market at Kai Tak, the...<\/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-111173","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-sV7","jetpack-related-posts":[{"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":111173,"position":0},"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":108470,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-developers-snap-up-discounted-kai-tak-land-as-hong-kongs-mood-for-property-sours-amid-protest-rallies-and-trade-war\/","url_meta":{"origin":111173,"position":1},"title":"Chinese developers snap up discounted Kai Tak land as Hong Kong\u2019s mood for property sours amid protest rallies and trade war","date":"June 26, 2019","format":false,"excerpt":"\r Two mainland Chinese developers bought a plot of residential land on the runway of Hong Kong\u2019s former Kai Tak airport, paying a lower-than-expected price for the oceanfront property as the city\u2019s biggest public protests in decades sapped appetite for investments amid a US-China trade war.China Resources Land and Poly\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":111173,"position":2},"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":120762,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-homebuyers-pile-into-kai-taks-first-harbourfront-flats-after-a-tepid-start-betting-on-property-bull-market-to-continue\/","url_meta":{"origin":111173,"position":3},"title":"Hong Kong\u2019s homebuyers pile into Kai Tak\u2019s first harbourfront flats after a tepid start, betting on property bull market to continue","date":"July 3, 2021","format":false,"excerpt":"\r Hong Kong\u2019s homebuyers snapped up the first harbourfront flats built on Hong Kong\u2019s former airport runway in Kai Tak despite a slow start, as generous discounts lured investors to double down on their bets of the continuing property bull market.China Overseas Land and Investment sold 364 flats, or 91\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"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":111173,"position":4},"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 "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":147308,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/homebuyers-flock-to-sun-hung-kais-cullinan-sky-project-in-kai-tak-amid-interest-rate-cut\/","url_meta":{"origin":111173,"position":5},"title":"Homebuyers flock to Sun Hung Kai\u2019s Cullinan Sky project in Kai Tak amid interest rate cut","date":"October 5, 2024","format":false,"excerpt":"\r As of 1pm, the developer had sold 94 flats out of the 300 units on offer at Cullinan Sky Phase 1.\r \r Source : South China Morning Post\r Read more...Homebuyers flock to Sun Hung Kai\u2019s Cullinan Sky project in Kai Tak amid interest rate cut","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\/111173"}],"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=111173"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/111173\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=111173"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=111173"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=111173"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}