{"id":116503,"date":"2020-05-19T18:51:59","date_gmt":"2020-05-19T11:51:59","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/developer-ck-asset-wins-hong-kongs-first-plot-of-land-earmarked-for-private-and-subsidised-starter-homes-for-lowly-hk4-9-billion-as-covid-19-batters-property-market\/"},"modified":"2020-05-19T19:05:45","modified_gmt":"2020-05-19T12:05:45","slug":"developer-ck-asset-wins-hong-kongs-first-plot-of-land-earmarked-for-private-and-subsidised-starter-homes-for-lowly-hk4-9-billion-as-covid-19-batters-property-market","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/developer-ck-asset-wins-hong-kongs-first-plot-of-land-earmarked-for-private-and-subsidised-starter-homes-for-lowly-hk4-9-billion-as-covid-19-batters-property-market\/","title":{"rendered":"Developer CK Asset wins Hong Kong\u2019s first plot of land earmarked for private and subsidised starter homes for lowly HK$4.9 billion as Covid-19 batters property market"},"content":{"rendered":"


\nCK Asset Holdings has won Hong Kong\u2019s first ever plot of land earmarked for a mixture of private and government-subsidised homes developed by private builders, for a price at the lower end of market expectations.The second-biggest developer in Hong Kong by value will pay HK$4.95 billion (US$638.8 million) for the site on Kwun Tong\u2019s Anderson Road, the Lands Department said on Tuesday. The price per square foot translates to HK$4,546.Market valuations for the plot ranged from HK$4.6 billion (US\u2026
\n
\nSource : South China Morning Post
\nRead more…Developer CK Asset wins Hong Kong\u2019s first plot of land earmarked for private and subsidised starter homes for lowly HK.9 billion as Covid-19 batters property market<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

CK Asset Holdings has won Hong Kong\u2019s first ever plot of land earmarked for a...<\/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-116503","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-uj5","jetpack-related-posts":[{"id":116828,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-young-homebuyers-set-sight-on-subsidised-starter-homes-in-kowloon-east-spurn-horrible-micro-flats\/","url_meta":{"origin":116503,"position":0},"title":"Hong Kong\u2019s young homebuyers set sight on subsidised starter homes in Kowloon East, spurn \u2018horrible\u2019 micro flats","date":"June 2, 2020","format":false,"excerpt":"\r Angela Leung\u2019s dream of owning her first home is coming closer. By her estimate, that will be some time in 2024, when CK Asset Holdings delivers the keys to so-called \u201cstarter homes\u201d for young professionals.Her focus is on a former quarry site in Kwun Tong in Kowloon East, which\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":120471,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/victor-lis-ck-asset-scores-first-win-at-kai-tak-bags-last-residential-plot-on-former-airports-runway\/","url_meta":{"origin":116503,"position":1},"title":"Victor Li\u2019s CK Asset scores first win at Kai Tak, bags last residential plot on former airport\u2019s runway","date":"February 18, 2021","format":false,"excerpt":"\r Hong Kong tycoon Victor Li Tzar-kuoi\u2019s CK Asset Holdings won its first tender for land at Hong Kong\u2019s old airport, Kai Tak, on Wednesday. The site, Area 4E Site 2, was also the last residential plot up for grabs on its runway.The developer won the plot for HK$10.28 billion\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":116503,"position":2},"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":124796,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/ck-asset-unit-wins-large-residential-site-in-kowloons-to-kwa-wan-for-us767-million-slightly-below-market-expectations\/","url_meta":{"origin":116503,"position":3},"title":"CK Asset unit wins large residential site in Kowloon\u2019s To Kwa Wan for US$767 million, slightly below market expectations","date":"March 3, 2022","format":false,"excerpt":"\r A large residential site in Kowloon\u2019s To Kwa Wan has sold slightly below market expectations amid Hong Kong\u2019s worsening Covid-19 outbreak.Centenary Investments Limited, a wholly-owned subsidiary of CK Asset Holdings, won two adjoining sites about eight minutes walk to the To Kwa Wan MTR Station for HK$5.99 billion (US$767.3\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":95723,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/victor-lis-ck-asset-wins-us4-8-billion-tender-for-hong-kongs-most-expensive-rail-development\/","url_meta":{"origin":116503,"position":4},"title":"Victor Li\u2019s CK Asset wins US$4.8 billion tender for Hong Kong\u2019s most expensive rail development","date":"August 9, 2018","format":false,"excerpt":"\r CK Asset Holdings, the property conglomerate chaired by Victor Li Tzar-kuoi, has won the tender for Hong Kong\u2019s most expensive railway development, paying an estimated HK$37.65 billion (US$4.79 billion) for the Wong Chuk Hang site. CK Asset, which Li took over from his father formally in May, beat out\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":172080,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/ck-asset-sells-penthouse-in-hong-kongs-mid-levels-for-us48-5m-sets-pricing-benchmark\/","url_meta":{"origin":116503,"position":5},"title":"CK Asset sells penthouse in Hong Kong\u2019s Mid-Levels for US$48.5m, sets pricing benchmark","date":"June 26, 2026","format":false,"excerpt":"\r A penthouse at CK Asset Holdings\u2019 luxury residential project in Hong Kong\u2019s Mid-Levels has been sold via tender for HK$380.77 million (US$48.5 million), according to a statement from the flagship property developer of tycoon Li Ka-shing, underscoring the rebound in the city\u2019s high-end residential segment. Unit 10 on the\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\/116503"}],"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=116503"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/116503\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=116503"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=116503"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=116503"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}