{"id":113100,"date":"2019-12-16T21:51:14","date_gmt":"2019-12-16T14:51:14","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-kwok-family-boosts-city-with-hk9-4-billion-cheque-for-stake-in-sun-hung-kai-towers-atop-west-kowloon-station\/"},"modified":"2019-12-16T22:06:04","modified_gmt":"2019-12-16T15:06:04","slug":"hong-kongs-kwok-family-boosts-city-with-hk9-4-billion-cheque-for-stake-in-sun-hung-kai-towers-atop-west-kowloon-station","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-kwok-family-boosts-city-with-hk9-4-billion-cheque-for-stake-in-sun-hung-kai-towers-atop-west-kowloon-station\/","title":{"rendered":"Hong Kong\u2019s Kwok family boosts city with HK$9.4 billion cheque for stake in Sun Hung Kai towers atop West Kowloon station"},"content":{"rendered":"


\nHong Kong\u2019s Kwok family will invest HK$9.4 billion (US$1.2 billion) for a 25 per cent stake in office towers to come up on a plot of land won by Sun Hung Kai Properties last month. The family is the company\u2019s controlling shareholder and its investment is being viewed as a show of confidence in the city\u2019s economy.Hong Kong\u2019s economy entered a technical recession in the third quarter amid anti-government protests that started in June and have since derailed its tourism, aviation as well as\u2026
\n
\nSource : South China Morning Post
\nRead more…Hong Kong\u2019s Kwok family boosts city with HK.4 billion cheque for stake in Sun Hung Kai towers atop West Kowloon station<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Hong Kong\u2019s Kwok family will invest HK$9.4 billion (US$1.2 billion) for a 25 per cent...<\/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-113100","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-tqc","jetpack-related-posts":[{"id":115953,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sun-hung-kai-kwok-family-sell-30-per-cent-stake-in-office-space-at-hong-kongs-most-expensive-commercial-site-to-ping-an-life-for-us1-45-billion\/","url_meta":{"origin":113100,"position":0},"title":"Sun Hung Kai, Kwok family sell 30 per cent stake in office space at Hong Kong\u2019s most expensive commercial site to Ping An Life for US$1.45 billion","date":"April 29, 2020","format":false,"excerpt":"\r Sun Hung Kai Properties (SHKP) and its controlling shareholder, the Kwok family, are to sell 30 per cent of the office portion of Hong Kong\u2019s most expensive commercial project.\r\rPing An Life Insurance will buy the space on top of the West Kowloon high-speed rail station for HK$11.27 billion (US$1.45\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":112674,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sun-hung-kai-pays-a-record-hk42-2-billion-for-austin-road-commercial-plot-in-hong-kongs-costliest-land-tender\/","url_meta":{"origin":113100,"position":1},"title":"Sun Hung Kai pays a record HK$42.2 billion for Austin Road commercial plot in Hong Kong\u2019s costliest land tender","date":"November 27, 2019","format":false,"excerpt":"\r Sun Hung Kai Properties (SHKP), Hong Kong\u2019s largest developer by value, has won the biggest commercial parcel ever sold in the city for a record HK$42.2 billion (US$5.4 billion).The winner beat CK Asset Holdings, a consortium comprising Wharf Holdings, Sino Land, Henderson Land Development, Chinese Estate Holdings and Lifestyle\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":124076,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sun-hung-kai-properties-replaces-new-world-development-as-hong-kongs-biggest-developer-by-sales\/","url_meta":{"origin":113100,"position":2},"title":"Sun Hung Kai Properties replaces New World Development as Hong Kong\u2019s biggest developer by sales","date":"January 4, 2022","format":false,"excerpt":"\r Sun Hung Kai Properties (SHKP) has replaced New World Development as the biggest seller of new homes in Hong Kong after the latter had to tear down and rebuild hundreds of flats under construction in Tai Wai.Chaired by Raymond Kwok Ping-luen, SHKP recorded sales of HK$29.65 billion (US$3.8 billion)\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":55689,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/flats-at-kwok-family-project-in-east-london-start-at-hk3-9-million\/","url_meta":{"origin":113100,"position":3},"title":"Flats at Kwok family project in East London start at HK$3.9 million","date":"May 23, 2017","format":false,"excerpt":"\r The Kwok family, controlling shareholders of Sun Hung Kai Properties, is to offer a \u00a3500 million (US$651.4 million) joint venture riverside residential project in East London at prices below those being achieved at apartments in Hong Kong\u2019s Sha Tau Kok frontier town. Goodluck Hope, a 50-50 joint venture development\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":88325,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sun-hung-kai-pays-hk25-1-billion-for-hong-kongs-costliest-residential-land-at-kai-tak\/","url_meta":{"origin":113100,"position":4},"title":"Sun Hung Kai pays HK$25.1 billion for Hong Kong\u2019s costliest residential land at Kai Tak","date":"May 15, 2018","format":false,"excerpt":"\r Sun Hung Kai Properties has prevailed in a lacklustre tender for a plot of residential land at Hong Kong\u2019s former Kai Tak airport site, paying a record HK$25.16 billion (US$3.2 billion) for the city\u2019s most expensive land parcel, according to data provided by the Lands Department. The Kai Tak\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":96119,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sun-hung-kai-cuts-new-flat-prices-again-as-hong-kong-developers-face-headwinds\/","url_meta":{"origin":113100,"position":5},"title":"Sun Hung Kai cuts new flat prices again as Hong Kong developers face headwinds","date":"August 16, 2018","format":false,"excerpt":"\r Sun Hung Kai, Hong Kong\u2019s biggest property developer, has cut the prices of homes at one of its projects by as much as 10 per cent, the second time in less than a month it has taken such action in the latest sign that the property market may be\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\/113100"}],"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=113100"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/113100\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=113100"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=113100"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=113100"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}