{"id":119626,"date":"2020-12-30T12:28:47","date_gmt":"2020-12-30T05:28:47","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/hang-lungs-hk2-57-billion-purchase-of-us-governments-37-shouson-hill-road-villas-runs-into-diplomatic-snag-in-us-china-spat\/"},"modified":"2020-12-30T13:05:24","modified_gmt":"2020-12-30T06:05:24","slug":"hang-lungs-hk2-57-billion-purchase-of-us-governments-37-shouson-hill-road-villas-runs-into-diplomatic-snag-in-us-china-spat","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hang-lungs-hk2-57-billion-purchase-of-us-governments-37-shouson-hill-road-villas-runs-into-diplomatic-snag-in-us-china-spat\/","title":{"rendered":"Hang Lung\u2019s HK$2.57 billion purchase of US government\u2019s 37 Shouson Hill Road villas runs into diplomatic snag in US-China spat"},"content":{"rendered":"


\nOne of Hong Kong\u2019s biggest real estate transactions of 2020 has been caught in the crossfire of US-China relations, as the United States consulate failed to get its sale of luxury villas on The Peak recognised by the city\u2019s Land Registry.The HK$2.57 billion (US$330 million) sale on September 10 of six multi-storey villas at 37 Shouson Hill Road could not be registered by the Land Registry because the US consulate failed to receive written permission from the Chinese government\u2019s representative\u2026
\n
\nSource : South China Morning Post
\nRead more…Hang Lung\u2019s HK.57 billion purchase of US government\u2019s 37 Shouson Hill Road villas runs into diplomatic snag in US-China spat<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

One of Hong Kong\u2019s biggest real estate transactions of 2020 has been caught in 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-119626","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-v7s","jetpack-related-posts":[{"id":119890,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hang-lung-has-us132-million-in-limbo-as-its-purchase-of-shouson-hill-villas-in-hong-kong-hits-a-snag-amid-us-china-spat\/","url_meta":{"origin":119626,"position":0},"title":"Hang Lung has US$132 million in limbo as its purchase of Shouson Hill villas in Hong Kong hits a snag amid US-China spat","date":"January 28, 2021","format":false,"excerpt":"\r Hang Lung Properties, the Hong Kong buyer of the US government\u2019s real estate asset in Hong Kong, may have up to HK$1.027 billion (US$132.5 million) in limbo, as its purchase has been caught up in the souring diplomatic relations between Washington DC and Beijing.The developer paid HK$257 million as\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":122006,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hang-lung-to-start-construction-on-shouson-hill-road-ultra-luxury-project-where-us-consulate-villas-stood-by-year-end\/","url_meta":{"origin":119626,"position":1},"title":"Hang Lung to start construction on Shouson Hill Road ultra luxury project, where US consulate villas stood, by year-end","date":"September 15, 2021","format":false,"excerpt":"\r Hang Lung Properties plans to start construction by the end of this year on one of Hong Kong\u2019s most luxurious projects on the former site of US consulate residences on Shouson Hill Road.Last September, the Hong Kong-listed developer, led by billionaire Ronnie Chan Chi-chung, picked up the parcel at\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":119500,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developer-hang-lung-says-deal-for-uss-shouson-hill-property-on-track-but-delay-in-registration-is-raising-eyebrows-in-market\/","url_meta":{"origin":119626,"position":2},"title":"Hong Kong developer Hang Lung says deal for US\u2019s Shouson Hill property on track, but delay in registration is raising eyebrows in market","date":"December 10, 2020","format":false,"excerpt":"\r Hong Kong-based Hang Lung Properties said on Wednesday that it expects its HK$2.56 billion (US$330.2 million) acquisition of property at 37 Shouson Hill Road from the United States government to go through as planned.\u201cWe expect to complete the transaction according to the timeline stated in the sales and purchase\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":120482,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sale-of-us-governments-shouson-hill-road-property-proceeds-after-beijing-approves-transaction\/","url_meta":{"origin":119626,"position":3},"title":"Sale of US government\u2019s Shouson Hill Road property proceeds after Beijing approves transaction","date":"February 18, 2021","format":false,"excerpt":"\r Hong Kong has approved the sale of one of the United States government\u2019s most valuable assets in the city to local developer Hang Lung Properties, after the US state department obtained permission from Beijing.The transaction, a multimillion-dollar thorn in the side of US-China relations, was confirmed by Hang Lung\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":120708,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sale-of-us-governments-shouson-hill-road-property-in-hong-kong-proceeds-after-beijing-approves-transaction\/","url_meta":{"origin":119626,"position":4},"title":"Sale of US government\u2019s Shouson Hill Road property in Hong Kong proceeds after Beijing approves transaction","date":"February 18, 2021","format":false,"excerpt":"\r Hong Kong has approved the sale of one of the United States government\u2019s most valuable assets in the city to local developer Hang Lung Properties, after the US state department obtained permission from Beijing.The transaction, a multimillion-dollar thorn in the side of US-China relations, was confirmed by Hang Lung\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":118560,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hang-lung-picks-up-us-governments-hong-kong-mansions-for-hk2-56-billion-a-20-per-cent-discount-to-valuations\/","url_meta":{"origin":119626,"position":5},"title":"Hang Lung picks up US government\u2019s Hong Kong mansions for HK$2.56 billion, a 20 per cent discount to valuations","date":"September 10, 2020","format":false,"excerpt":"\r Hang Lung Properties, led by a billionaire developer who frequently calls for dialogue between the United States and China, has stepped in to pick up the US government\u2019s residential real estate asset in Hong Kong for a discount, just as US-China relations deteriorated to their worst in decades.The Hong\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\/119626"}],"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=119626"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/119626\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=119626"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=119626"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=119626"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}