{"id":113644,"date":"2020-01-16T01:00:12","date_gmt":"2020-01-15T18:00:12","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/monaco-reclaims-land-to-make-space-for-us2-billion-luxury-beachfront-flats-amid-housing-shortage\/"},"modified":"2020-01-16T04:14:15","modified_gmt":"2020-01-15T21:14:15","slug":"monaco-reclaims-land-to-make-space-for-us2-billion-luxury-beachfront-flats-amid-housing-shortage","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/monaco-reclaims-land-to-make-space-for-us2-billion-luxury-beachfront-flats-amid-housing-shortage\/","title":{"rendered":"Monaco reclaims land to make space for US$2 billion luxury beachfront flats, amid housing shortage"},"content":{"rendered":"


\nTiny Monaco is set to grow by six hectares under plans to reclaim land from the Mediterranean and build more luxury flats and posh boutiques with fine sea views.The second smallest state in the world after the Vatican, Monaco is also home to the world\u2019s most expensive property market and the project is intended to relieve some pressure on housing in the principality, which is surrounded by France.The land reclamation programme, due to cost \u20ac2 billion (US$2.23 billion), involves the construction\u2026
\n
\nSource : South China Morning Post
\nRead more…Monaco reclaims land to make space for US billion luxury beachfront flats, amid housing shortage<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Tiny Monaco is set to grow by six hectares under plans to reclaim land from...<\/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-113644","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-tyY","jetpack-related-posts":[{"id":72245,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/monaco-builds-into-the-med-to-house-new-throng-of-super-rich\/","url_meta":{"origin":113644,"position":0},"title":"Monaco builds into the Med to house new throng of super-rich","date":"November 19, 2017","format":false,"excerpt":"\r The tax haven has a luxury housing crisis \u2013 it doesn\u2019t have enough land for the 2,700 multimillionaires forecast to settle there over the next decadeConstruction has begun on a $2bn (\u00a31.5bn) scheme to reclaim land from the sea around Monaco so that more luxury apartments can be built\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":119822,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-homebuyers-defy-broken-economy-surging-unemployment-snapping-up-flats-at-wheelocks-monaco-project-in-kai-tak\/","url_meta":{"origin":113644,"position":1},"title":"Hong Kong homebuyers defy broken economy, surging unemployment, snapping up flats at Wheelock\u2019s Monaco project in Kai Tak","date":"January 22, 2021","format":false,"excerpt":"\r Enthusiastic homebuyers defied concerns that Hong Kong\u2019s sky-high unemployment rate and economic malaise might undermine demand by snapping up new flats offered by Wheelock Properties at its Monaco project on Thursday.The second round of sales at the development in Kai Tak saw almost all of the 133 units taken\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":123290,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-government-to-net-record-us6-4-billion-in-land-premium-amid-rising-demand-and-prices-of-homes\/","url_meta":{"origin":113644,"position":2},"title":"Hong Kong government to net record US$6.4 billion in land premium amid rising demand and prices of homes","date":"November 18, 2021","format":false,"excerpt":"\r The Hong Kong government is set receive a record HK$50 billion (US$6.4 billion) in land premium this year, as developers rush to build flats to capitalise on a housing shortage that is fuelling prices and demand.Land premium is the fee that developers pay to the government when a modification\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":82100,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/how-much-luxury-residential-space-can-us1m-buy-across-the-world\/","url_meta":{"origin":113644,"position":3},"title":"How much luxury residential space can US$1m buy across the world?","date":"March 7, 2018","format":false,"excerpt":"\r Buyers with US$1 million to spend on a high-end home can secure just 22 square metres (236 square feet) of residential space in Hong Kong, making it the second most expensive city in the world to buy a luxury place of your own. If investors were scouting for a\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":125896,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-homebuyers-turn-up-in-droves-in-a-bout-of-revenge-buying-to-snap-up-half-of-wheelocks-monaco-marines-flats-at-kai-tak\/","url_meta":{"origin":113644,"position":4},"title":"Hong Kong\u2019s homebuyers turn up in droves in a bout of revenge buying to snap up half of Wheelock\u2019s Monaco Marines flats at Kai Tak","date":"April 23, 2022","format":false,"excerpt":"\r An estimated 70 per cent of customers bought for their own use, with investors making up the remainder of the purchases, bolstering confidence in the market\u2019s buying power, agents said.\r \r Source : South China Morning Post\r Read more...Hong Kong\u2019s homebuyers turn up in droves in a bout of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":119778,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/strong-sales-at-wheelocks-monaco-project-bode-well-as-hundreds-queue-for-hong-kongs-first-new-homes-launch-of-2021\/","url_meta":{"origin":113644,"position":5},"title":"Strong sales at Wheelock\u2019s Monaco project bode well as hundreds queue for Hong Kong\u2019s first new homes launch of 2021","date":"January 17, 2021","format":false,"excerpt":"\r The first major property launch of 2021 in Hong Kong set a promising bar for the year ahead, as hundreds of homebuyers jostled to snap up flats at Wheelock Properties\u2019 new Monaco project in Kai Tak.Wheelock had collected over HK$900 million by selling more than half of the 145\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\/113644"}],"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=113644"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/113644\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=113644"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=113644"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=113644"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}