{"id":119600,"date":"2020-12-23T19:30:25","date_gmt":"2020-12-23T12:30:25","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/wharf-development-pays-us1-5-billion-for-peak-plot-sets-record-for-most-expensive-residential-site-sold-by-government-tender\/"},"modified":"2020-12-23T21:03:46","modified_gmt":"2020-12-23T14:03:46","slug":"wharf-development-pays-us1-5-billion-for-peak-plot-sets-record-for-most-expensive-residential-site-sold-by-government-tender","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/wharf-development-pays-us1-5-billion-for-peak-plot-sets-record-for-most-expensive-residential-site-sold-by-government-tender\/","title":{"rendered":"Wharf Development pays US$1.5 billion for Peak plot, sets record for most expensive residential site sold by government tender"},"content":{"rendered":"


\nWharf Development has agreed to pay a higher-than-expected HK$12 billion (US$1.5 billion) to become the owner of the first residential land parcel to be sold since 2010 in Hong Kong\u2019s most exclusive housing enclave.At HK$46,272 per square foot, the sale has also set a record for Hong Kong\u2019s most expensive residential site sold by government tender in terms of square footage. Back in 2006, Sun Hung Kai Properties splashed out HK$1.8 billion, or HK$42,196 per square foot, for the site of luxury\u2026
\n
\nSource : South China Morning Post
\nRead more…Wharf Development pays US.5 billion for Peak plot, sets record for most expensive residential site sold by government tender<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Wharf Development has agreed to pay a higher-than-expected HK$12 billion (US$1.5 billion) to become the...<\/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-119600","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-v72","jetpack-related-posts":[{"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":119600,"position":0},"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":119610,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/wharf-to-sell-five-flats-at-exclusive-mount-nicholson-development-days-after-bagging-peak-residential-site-in-record-bid\/","url_meta":{"origin":119600,"position":1},"title":"Wharf to sell five flats at exclusive Mount Nicholson development days after bagging Peak residential site in record bid","date":"December 25, 2020","format":false,"excerpt":"\r Hong Kong developer Wharf (Holdings) is selling five luxury flats through tender at the exclusive Mount Nicholson development on The Peak.The flats, measuring 4,230 sq ft to 4,601 sq ft, will be put on the market on January 1, Wheelock Properties, the development\u2019s sales agent said late on Thursday.The\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":40211,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/land-sale-in-hong-kongs-trendy-soho-district-draws-developers-in-record-numbers\/","url_meta":{"origin":119600,"position":2},"title":"Land sale in Hong Kong\u2019s trendy Soho district draws developers in record numbers","date":"January 10, 2017","format":false,"excerpt":"\r Forty-three developers expressed an interest in the Urban Renewal Authority\u2019s commercial and residential project near Hong Kong\u2019s Soho district on Tuesday, a new record in terms of initial responses for tender. The 9,580 square-foot plot, on Peel Street, is expected to fetch between HK$1.3 billion and HK$1.5 billion, or\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":119600,"position":3},"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":120276,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/wharf-holdings-breaks-own-record-set-less-than-two-months-ago-for-residential-plot-on-the-peak\/","url_meta":{"origin":119600,"position":4},"title":"Wharf (Holdings) breaks own record set less than two months ago for residential plot on The Peak","date":"February 9, 2021","format":false,"excerpt":"\r A consortium led by a subsidiary of The Wharf (Holdings) outbid four rivals to win a second parcel on The Peak for \ufeffHK$7.25 billion (US$935.2 million), smashing a record it set less than two months ago and enlarging its land holdings in Hong Kong\u2019s most exclusive housing enclave.The Lands\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"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":119600,"position":5},"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":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/119600"}],"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=119600"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/119600\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=119600"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=119600"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=119600"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}