{"id":112218,"date":"2019-11-08T14:38:46","date_gmt":"2019-11-08T07:38:46","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/kai-tak-runway-parcel-tender-receives-muted-response-even-after-valuation-is-cut-by-15-per-cent\/"},"modified":"2019-11-08T15:04:33","modified_gmt":"2019-11-08T08:04:33","slug":"kai-tak-runway-parcel-tender-receives-muted-response-even-after-valuation-is-cut-by-15-per-cent","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/kai-tak-runway-parcel-tender-receives-muted-response-even-after-valuation-is-cut-by-15-per-cent\/","title":{"rendered":"Kai Tak runway parcel tender receives muted response even after valuation is cut by 15 per cent"},"content":{"rendered":"


\nThe tender for a sea-facing parcel on the runway of Hong Kong\u2019s former airport received only four bids even after its valuation was cut by 15 per cent to reflect the worsening state of the city\u2019s economy after five months of social unrest, US-China trade war and looming vacancy tax.Sun Hung Kai Properties, CK Asset, Sino Land and a consortium of China Overseas Land & Investment, Henderson Land Development, The Wharf (Holdings) and K Wah International put in bids for the residential parcel, Area\u2026
\n
\nSource : South China Morning Post
\nRead more…Kai Tak runway parcel tender receives muted response even after valuation is cut by 15 per cent<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The tender for a sea-facing parcel on the runway of Hong Kong\u2019s former airport received...<\/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-112218","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-tbY","jetpack-related-posts":[{"id":102466,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/fewer-developers-submit-bids-for-kai-tak-runway-plot-even-as-valuation-is-slashed-to-january-2017-levels\/","url_meta":{"origin":112218,"position":0},"title":"Fewer developers submit bids for Kai Tak runway plot even as valuation is slashed to January 2017 levels","date":"December 21, 2018","format":false,"excerpt":"\r The third residential parcel on Kai Tak\u2019s runway missed market expectations as fewer than expected developers submitted tenders, while one surveyor slashed its valuation of the plot to January 2017 levels because of downbeat sentiment, lack of full sea view and retail component. The 97,393 square feet plot on\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":112218,"position":1},"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":109157,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-land-sale-at-former-kowloon-airport-receives-muted-response-from-developers\/","url_meta":{"origin":112218,"position":2},"title":"Hong Kong land sale at former Kowloon airport receives muted response from developers","date":"July 19, 2019","format":false,"excerpt":"\r The largest residential site at Hong Kong\u2019s former Kai Tak airport received fewer than expected bids when a government tender closed at noon on Friday, as property developers take a more cautions stance on the local property market following recent downgrades to the city\u2019s economic outlook.The plot designated Area\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":112218,"position":3},"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":[]},{"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":112218,"position":4},"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":38931,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/kai-tak-government-tender-attracts-at-least-15-bids\/","url_meta":{"origin":112218,"position":5},"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":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/112218"}],"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=112218"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/112218\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=112218"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=112218"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=112218"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}