{"id":117680,"date":"2020-07-09T08:15:12","date_gmt":"2020-07-09T01:15:12","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-mobile-outbids-hong-kong-tycoons-singapore-rival-with-record-price-for-sha-tin-industrial-land-in-sign-of-market-revival\/"},"modified":"2020-07-09T09:03:15","modified_gmt":"2020-07-09T02:03:15","slug":"china-mobile-outbids-hong-kong-tycoons-singapore-rival-with-record-price-for-sha-tin-industrial-land-in-sign-of-market-revival","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-mobile-outbids-hong-kong-tycoons-singapore-rival-with-record-price-for-sha-tin-industrial-land-in-sign-of-market-revival\/","title":{"rendered":"China Mobile outbids Hong Kong tycoons, Singapore rival with record price for Sha Tin industrial land in sign of market revival"},"content":{"rendered":"<p>&#013;<br \/>\nChina Mobile, the world\u2019s largest wireless network operator, has agreed to pay a record price for a parcel of industrial land in Hong Kong to outbid a handful of Hong Kong tycoons, possibly signaling the return of powerful mainland buyers to the city\u2019s property market.The telecommunications group offered HK$5.6 billion (US$722.6 million) for the 98,792-square foot (9,178 square metres) site in Sha Tin, New Territories with a 50-year lease, according to tender results published by the Lands\u2026&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/business\/companies\/article\/3092412\/china-mobile-outbids-hong-kong-tycoons-singapore-rival-record\" target=\"_blank\">China Mobile outbids Hong Kong tycoons, Singapore rival with record price for Sha Tin industrial land in sign of market revival<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; China Mobile, the world\u2019s largest wireless network operator, has agreed to pay a record price&#46;&#46;&#46;<\/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-117680","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-uC4","jetpack-related-posts":[{"id":170536,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-residential-plot-fetches-us230-million-as-chinese-developer-outbids-city-rivals\/","url_meta":{"origin":117680,"position":0},"title":"Hong Kong residential plot fetches US$230 million as Chinese developer outbids city rivals","date":"February 10, 2026","format":false,"excerpt":"\r Hong Kong-listed mainland Chinese developer China Overseas Land & Investment won a bid for a 3,132-square-metre (33,712 sq ft) residential plot in Kowloon East, beating some of the city\u2019s largest developers with a higher-than-expected tender. The state-backed developer beat eight rivals to secure a 50-year grant for the parcel\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":149467,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-restaurant-chain-boss-to-sell-sha-tin-building-as-retail-woes-worsen\/","url_meta":{"origin":117680,"position":1},"title":"Hong Kong restaurant chain boss to sell Sha Tin building as retail woes worsen","date":"February 11, 2025","format":false,"excerpt":"\r Yeung Wai, the chairman of Fulum Group, is offering the Big Orange, acquired in 2013 for US$64 million, via tender.\r \r Source : South China Morning Post\r Read more...Hong Kong restaurant chain boss to sell Sha Tin building as retail woes worsen","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":123796,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-property-tycoons-brokers-snap-up-virtual-land-in-metaverse-as-valuations-soar\/","url_meta":{"origin":117680,"position":2},"title":"Hong Kong property tycoons, brokers snap up virtual land in metaverse as valuations soar","date":"December 14, 2021","format":false,"excerpt":"\r The term \u201cmetaverse\u201d is suddenly everywhere, a buzzword constantly on the lips of tech gurus and cryptocurrency enthusiasts.But the latest group taking an interest in what many believe to be the next iteration of the internet is made up of property tycoons and real estate professionals keen to buy\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":119075,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-homebuyers-snap-up-ck-assets-new-launch-in-sha-tin-snubbing-k-wahs-two-year-old-kai-tak-project\/","url_meta":{"origin":117680,"position":3},"title":"Hong Kong homebuyers snap up CK Asset\u2019s new launch in Sha Tin, snubbing K Wah\u2019s two-year old Kai Tak project","date":"October 31, 2020","format":false,"excerpt":"\r Hong Kong\u2019s homebuyers jumped at the chance for life in the luxury district of Sha Tin, snapping up a new residential project launched there, while giving their collective cold shoulder to a two-year old leftover development at the city\u2019s former airport site.\rCK Asset Holdings sold 84 out of 98\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":116826,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/covid-19-and-the-end-of-the-amateur-landlord-in-hong-kong-and-elsewhere\/","url_meta":{"origin":117680,"position":4},"title":"Covid-19 and the end of the amateur landlord in Hong Kong and elsewhere","date":"June 2, 2020","format":false,"excerpt":"\r Real estate is in Hong Kong\u2019s DNA. Government-induced land shortages, easy access to credit and a growing population made local property a good investment and the source of many family fortunes. Start with a 400-square-foot flat in Tai Po, trade up to a slightly larger unit in Sha Tin,\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":149810,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/how-hong-kongs-property-slump-is-affecting-asset-values-owned-by-celebrities-and-tycoons\/","url_meta":{"origin":117680,"position":5},"title":"How Hong Kong\u2019s property slump is affecting asset values owned by celebrities and tycoons","date":"March 14, 2025","format":false,"excerpt":"\r Macau tycoon Stanley Ho\u2019s family is selling a site in Tsim Sha Tsui, while actor Nicholas Tse\u2019s shop in Central rented out at a big discount.\r \r Source : South China Morning Post\r Read more...How Hong Kong\u2019s property slump is affecting asset values owned by celebrities and tycoons","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/117680"}],"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=117680"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/117680\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=117680"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=117680"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=117680"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}