{"id":115792,"date":"2020-04-22T07:00:16","date_gmt":"2020-04-22T00:00:16","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/bids-for-hong-kongs-land-tenders-may-come-in-with-20-per-cent-discounts-foretelling-more-woes-for-citys-real-estate-industry\/"},"modified":"2020-04-22T07:25:12","modified_gmt":"2020-04-22T00:25:12","slug":"bids-for-hong-kongs-land-tenders-may-come-in-with-20-per-cent-discounts-foretelling-more-woes-for-citys-real-estate-industry","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/bids-for-hong-kongs-land-tenders-may-come-in-with-20-per-cent-discounts-foretelling-more-woes-for-citys-real-estate-industry\/","title":{"rendered":"Bids for Hong Kong\u2019s land tenders may come in with 20 per cent discounts, foretelling more woes for city\u2019s real estate industry"},"content":{"rendered":"


\nThree plots of land the Hong Kong government is going to sell through tender could attract bids that are up to 20 per cent below mid-2019 levels, which in turn could determine transaction volume and prices in the world\u2019s most expensive property market, industry consultants said.A residential plot in Mong Kok, the tender for which closes on Friday, a commercial plot in Kai Tak and residential land on Anderson Road in Kwun Tong, the tenders for which close next month, could see their estimated\u2026
\n
\nSource : South China Morning Post
\nRead more…Bids for Hong Kong\u2019s land tenders may come in with 20 per cent discounts, foretelling more woes for city\u2019s real estate industry<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Three plots of land the Hong Kong government is going to sell through tender could...<\/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-115792","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-u7C","jetpack-related-posts":[{"id":43473,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/are-government-tenders-to-blame-for-hong-kongs-hot-land-values\/","url_meta":{"origin":115792,"position":0},"title":"Are government tenders to blame for Hong Kong\u2019s hot land values?","date":"February 9, 2017","format":false,"excerpt":"\r Best to return to auctions, experts clamour Hong Kong residential land has leapt in value due to aggressive tenders, experts claim. seaonweb\/Shutterstock Surveyors in Hong Kong are calling for a return to auction as an alternative method to the more opaque process of tendering in the procurement of government\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":99698,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-tender-for-a-rare-land-site-on-the-peak-receives-unenthusiastic-response-of-just-five-bids\/","url_meta":{"origin":115792,"position":1},"title":"Hong Kong\u2019s tender for a rare land site on The Peak receives \u2018unenthusiastic\u2019 response of just five bids","date":"October 12, 2018","format":false,"excerpt":"\r A luxury residential site on The Peak has received five bids from property developers, reflecting a cooling appetite for risk as sentiment in the property market continues to soften, amid the fallout of the US-China trade war, rising financing costs and a sharp decline in the stock market, according\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":109770,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-top-builders-spot-a-bargain-as-they-submit-tenders-for-kai-tak-plot-whose-value-has-been-slashed\/","url_meta":{"origin":115792,"position":2},"title":"Hong Kong\u2019s top builders spot a bargain as they submit tenders for Kai Tak plot whose value has been slashed","date":"August 9, 2019","format":false,"excerpt":"\r The tender for a plot in Kai Tak on Friday attracted better-than-expected response as one surveyor cut the estimated value of commercial land on the site of Hong Kong\u2019s former airport by up to 20 per cent after a high-profile sale was abandoned in June.The Lands Department said on\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":115792,"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":55939,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mainland-developers-shy-away-from-hong-kong-land-tenders\/","url_meta":{"origin":115792,"position":4},"title":"Mainland developers shy away from Hong Kong land tenders","date":"May 25, 2017","format":false,"excerpt":"\r Chinese companies continue to shy away from Hong Kong\u2019s land market with just one mainland backed company known to have submitted a bid for a residential site in Yuen Long. MTR Corp said eight developers had submitted bids for the parcel of land at Kam Sheung Road Station on\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":133650,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-withdraws-stanley-residential-plot-after-all-four-bids-fail-to-meet-reserve-price-amid-market-pessimism\/","url_meta":{"origin":115792,"position":5},"title":"Hong Kong withdraws Stanley residential plot after all four bids fail to meet reserve price amid market pessimism","date":"January 10, 2023","format":false,"excerpt":"\r The biggest residential plot of land in Hong Kong\u2019s southern Stanley district in two decades was withdrawn from sale by the government on Tuesday, after all four tenders failed to meet its reserve price.\r \r Source : South China Morning Post\r Read more...Hong Kong withdraws Stanley residential plot after\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\/115792"}],"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=115792"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/115792\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=115792"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=115792"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=115792"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}