{"id":119413,"date":"2020-12-02T20:25:17","date_gmt":"2020-12-02T13:25:17","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-overseas-land-investments-us551-million-bid-for-kai-tak-residential-plot-exceeds-market-expectation\/"},"modified":"2020-12-02T21:03:25","modified_gmt":"2020-12-02T14:03:25","slug":"china-overseas-land-investments-us551-million-bid-for-kai-tak-residential-plot-exceeds-market-expectation","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-overseas-land-investments-us551-million-bid-for-kai-tak-residential-plot-exceeds-market-expectation\/","title":{"rendered":"China Overseas Land & Investment\u2019s US$551 million bid for Kai Tak residential plot exceeds market expectation"},"content":{"rendered":"


\nA leading mainland-based developer paid a higher-than-expected price for a residential parcel at Hong Kong\u2019s former airport, the first such sale by the government at Kai Tak this year.China Overseas Land & Investment, the mainland\u2019s seventh largest developer by sales, bid HK$4.27 billion (US$550.8 million) for the Area 4E Site 1 measuring 59,719 sq ft in Kai Tak, Lands Department said on Wednesday. The price for the site, which can yield up to 328,453 sq ft in gross floor area, works out to HK\u2026
\n
\nSource : South China Morning Post
\nRead more…China Overseas Land & Investment\u2019s US1 million bid for Kai Tak residential plot exceeds market expectation<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

A leading mainland-based developer paid a higher-than-expected price for a residential parcel at Hong Kong\u2019s...<\/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-119413","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-v41","jetpack-related-posts":[{"id":103234,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sun-hung-kai-pays-us1-43-billion-for-kai-tak-residential-plot-in-subdued-tender-that-underscores-downbeat-market\/","url_meta":{"origin":119413,"position":0},"title":"Sun Hung Kai pays US$1.43 billion for Kai Tak residential plot in subdued tender that underscores downbeat market","date":"January 23, 2019","format":false,"excerpt":"\r Sun Hung Kai Properties, Hong Kong\u2019s biggest developer, has won a government tender for the fourth plot of residential land at Kai Tak, paying HK$11.26 billion (US$1.43 billion) for the parcel at the city\u2019s former airport. At HK$17,360 per sq ft, the winning price for Kai Tak Area 4C\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":106907,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/kai-taks-third-largest-plot-of-residential-land-goes-to-henderson-led-consortium-for-record-hk12-6-billion\/","url_meta":{"origin":119413,"position":1},"title":"Kai Tak\u2019s third-largest plot of residential land goes to Henderson-led consortium for record HK$12.6 billion","date":"May 7, 2019","format":false,"excerpt":"\r A consortium of six developers including Henderson Land Development agreed to pay HK$12.6 billion (US$1.6 billion) for the third-largest residential plot at the runway of Hong Kong's former Kai Tak airport.\r\rThe total price translates to HK$19,636 per square foot, which means a flat complex built on the site will\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":88325,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sun-hung-kai-pays-hk25-1-billion-for-hong-kongs-costliest-residential-land-at-kai-tak\/","url_meta":{"origin":119413,"position":2},"title":"Sun Hung Kai pays HK$25.1 billion for Hong Kong\u2019s costliest residential land at Kai Tak","date":"May 15, 2018","format":false,"excerpt":"\r Sun Hung Kai Properties has prevailed in a lacklustre tender for a plot of residential land at Hong Kong\u2019s former Kai Tak airport site, paying a record HK$25.16 billion (US$3.2 billion) for the city\u2019s most expensive land parcel, according to data provided by the Lands Department. The Kai Tak\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":39701,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-overseas-land-raises-kai-tak-apartment-prices-by-20-per-cent\/","url_meta":{"origin":119413,"position":3},"title":"China Overseas Land raises Kai Tak apartment prices by 20 per cent","date":"January 5, 2017","format":false,"excerpt":"\r China Overseas Land & Investment (Coli) has raised the sale price of its latest apartments by 20 per cent on average, setting an aggressive and discordant tone during an election year with the Hong Kong government\u2019s pledge to make housing more affordable. The first 125 units of One Kai\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":108332,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/weak-response-among-property-firms-to-kai-tak-residential-plot-a-week-after-sale-was-cancelled-due-to-hong-kong-protests\/","url_meta":{"origin":119413,"position":4},"title":"Weak response among property firms to Kai Tak residential plot a week after sale was cancelled due to Hong Kong protests","date":"June 21, 2019","format":false,"excerpt":"\r A residential plot at Hong Kong\u2019s old airport received a lukewarm response from developers on Friday, with only about five bids submitted for the oceanfront piece of land by 7pm.The sale of Area 4C Site 1 on the Kai Tak runway was postponed last week because of mass protests\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":39177,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/k-wah-pays-hk5-87-billion-for-kai-tak-site-winning-hong-kongs-final-land-auction-for-2016\/","url_meta":{"origin":119413,"position":5},"title":"K Wah pays HK$5.87 billion for Kai Tak site, winning Hong Kong\u2019s final land auction for 2016","date":"December 29, 2016","format":false,"excerpt":"\r K Wah International Holdings Ltd., the developer controlled by casino tycoon Lui Che-woo, has won the Hong Kong government\u2019s final land auction of 2016, paying HK$5.868 billion for a piece of land at the former Kai Tak airport site. The winning bid on the site, with a total gross\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\/119413"}],"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=119413"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/119413\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=119413"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=119413"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=119413"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}