{"id":113449,"date":"2020-01-07T11:10:19","date_gmt":"2020-01-07T04:10:19","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/sun-hung-kais-record-us5-43-billion-purchase-of-west-kowloon-site-shows-long-term-confidence-in-protest-hit-city\/"},"modified":"2020-01-07T11:20:25","modified_gmt":"2020-01-07T04:20:25","slug":"sun-hung-kais-record-us5-43-billion-purchase-of-west-kowloon-site-shows-long-term-confidence-in-protest-hit-city","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sun-hung-kais-record-us5-43-billion-purchase-of-west-kowloon-site-shows-long-term-confidence-in-protest-hit-city\/","title":{"rendered":"Sun Hung Kai\u2019s record US$5.43 billion purchase of West Kowloon site shows long-term confidence in protest-hit city"},"content":{"rendered":"


\nWhen Sun Hung Kai Properties (SHKP) paid a record HK$42.23 billion (US$5.43 billion) in November 2019 for a site atop West Kowloon station, it was undoubtedly the most eye-catching land transaction of the year because of the sheer size of the development and price tag. What made it interesting was that the tender was conducted at a time when political and economic uncertainties surrounding Hong Kong were intensely high. Despite a successful sale, the result was considered \u201cdisappointing\u201d as\u2026
\n
\nSource : South China Morning Post
\nRead more…Sun Hung Kai\u2019s record US.43 billion purchase of West Kowloon site shows long-term confidence in protest-hit city<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

When Sun Hung Kai Properties (SHKP) paid a record HK$42.23 billion (US$5.43 billion) in November...<\/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-113449","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-tvP","jetpack-related-posts":[{"id":130666,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/ubs-to-lease-office-space-in-sun-hung-kais-west-kowloon-project-from-2026-bringing-its-hong-kong-staff-under-one-roof\/","url_meta":{"origin":113449,"position":0},"title":"UBS to lease office space in Sun Hung Kai\u2019s West Kowloon project from 2026, bringing its Hong Kong staff under one roof","date":"October 10, 2022","format":false,"excerpt":"\r The Swiss investment bank said it will lease 250,000 square feet of office space in the tallest tower of the West Kowloon terminus project, a small cluster of commercial buildings scheduled for completion in 2025.\r \r Source : South China Morning Post\r Read more...UBS to lease office space in\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":113100,"url":"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\/","url_meta":{"origin":113449,"position":1},"title":"Hong Kong\u2019s Kwok family boosts city with HK$9.4 billion cheque for stake in Sun Hung Kai towers atop West Kowloon station","date":"December 16, 2019","format":false,"excerpt":"\r Hong 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\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":118677,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sun-hung-kai-properties-makes-massive-changes-to-west-kowloon-project-drops-one-tower-and-adds-more-open-space\/","url_meta":{"origin":113449,"position":2},"title":"Sun Hung Kai Properties makes massive changes to West Kowloon project, drops one tower and adds more open space","date":"September 18, 2020","format":false,"excerpt":"\r Sun Hung Kai Properties, which paid HK$42.2 billion (US$5.45 billion) for the huge plot of land at the High Speed Rail terminus in West Kowloon, has made several changes to its original plan approved by the Town Planning Board earlier this year.According to the developer\u2019s new plan submitted to\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":113449,"position":3},"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":131751,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/lone-bidder-sun-hung-kai-properties-wins-west-kowloon-commercial-plot-as-tough-market-deters-rival-bids\/","url_meta":{"origin":113449,"position":4},"title":"Lone bidder Sun Hung Kai Properties wins West Kowloon commercial plot as tough market deters rival bids","date":"November 22, 2022","format":false,"excerpt":"\r The Artist Square Tower Project comprising three buildings with office, retail and entertainment features in the district billed as Hong Kong\u2019s premier arts hub, was awarded to Winner Harvest Limited, a unit of SHKP.\r \r Source : South China Morning Post\r Read more...Lone bidder Sun Hung Kai Properties wins\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":169073,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-sino-land-and-great-eagle-secure-kowloon-site-for-us206-million\/","url_meta":{"origin":113449,"position":5},"title":"Hong Kong\u2019s Sino Land and Great Eagle secure Kowloon site for US$206 million","date":"January 7, 2026","format":false,"excerpt":"\r A joint venture between Sino Land and Great Eagle Holdings has won a government residential site tender in Kowloon for HK$1.61 billion (US$206 million), outbidding major Hong Kong developers as the city\u2019s housing market shows signs of stabilising. The purchase of the 41,226 sq ft site, which could yield\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\/113449"}],"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=113449"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/113449\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=113449"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=113449"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=113449"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}