{"id":120200,"date":"2021-02-05T17:57:43","date_gmt":"2021-02-05T10:57:43","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/bids-for-us970-million-mansfield-road-plot-on-peak-in-line-with-expectations-hint-at-optimism-analysts-says\/"},"modified":"2021-02-05T19:03:53","modified_gmt":"2021-02-05T12:03:53","slug":"bids-for-us970-million-mansfield-road-plot-on-peak-in-line-with-expectations-hint-at-optimism-analysts-says","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/bids-for-us970-million-mansfield-road-plot-on-peak-in-line-with-expectations-hint-at-optimism-analysts-says\/","title":{"rendered":"Bids for US$970 million Mansfield Road plot on Peak in line with expectations, hint at optimism, analysts says"},"content":{"rendered":"<p>&#013;<br \/>\nThe five bids for a rare plot of land in Hong Kong\u2019s upmarket The Peak district were in line with expectations and hinted at optimism about the city\u2019s luxury residential market, analysts said.The government tender for the plot at 9 and 11 Mansfield Road closed on Friday, and could fetch up to HK$7.5 billion (US$970 million). The land is next to 2,4,6 and 8 Mansfield Road, where some of Hong Kong\u2019s civil servants were previously housed.\u201cThe number of bids was within my expectations of between\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\/3120759\/bids-us970-million-mansfield-road-plots-peak-line-expectations\" target=\"_blank\">Bids for US0 million Mansfield Road plot on Peak in line with expectations, hint at optimism, analysts says<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; The five bids for a rare plot of land in Hong Kong\u2019s upmarket The Peak&#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-120200","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-vgI","jetpack-related-posts":[{"id":116393,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-mixed-development-project-receives-nine-bids-but-offers-will-be-low-analysts-say\/","url_meta":{"origin":120200,"position":0},"title":"Hong Kong mixed development project receives nine bids, but offers will be low, analysts say","date":"May 15, 2020","format":false,"excerpt":"\r Hong Kong\u2019s first residential plot of land designated for a mixed development comprising private and subsidised homes, to be developed by private builders, is expected to attract low offers despite an enthusiastic response, with developers unwilling to invest big in an experimental project amid an economic recession, analysts said.\u201cThe\u2026","rel":"","context":"In &quot;Property News&quot;","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":120200,"position":1},"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 &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":87753,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/kai-tak-plot-could-fetch-us3-25-billion-smashing-records-for-hong-kong-land-sales\/","url_meta":{"origin":120200,"position":2},"title":"Kai Tak plot could fetch US$3.25 billion, smashing records for Hong Kong land sales","date":"May 11, 2018","format":false,"excerpt":"\r Developers bidding for what could become the most expensive plot of residential land in Hong Kong\u2019s history are forming consortiums in what analysts say may be an attempt to spread the financial risk. At least five bids had been submitted for the parcel on the site of Hong Kong\u2019s\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":99698,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-tender-for-a-rare-land-site-on-the-peak-receives-unenthusiastic-response-of-just-five-bids\/","url_meta":{"origin":120200,"position":3},"title":"Hong Kong\u2019s tender for a rare land site on The Peak receives \u2018unenthusiastic\u2019 response of just five bids","date":"October 12, 2018","format":false,"excerpt":"\r A luxury residential site on The Peak has received five bids from property developers, reflecting a cooling appetite for risk as sentiment in the property market continues to soften, amid the fallout of the US-China trade war, rising financing costs and a sharp decline in the stock market, according\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":103489,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/first-commercial-plot-on-kai-tak-runway-fails-to-take-off-as-hong-kong-rejects-all-nine-bids-for-site\/","url_meta":{"origin":120200,"position":4},"title":"First commercial plot on Kai Tak runway fails to take off as Hong Kong rejects all nine bids for site","date":"January 30, 2019","format":false,"excerpt":"\r The first commercial plot to be tendered on the runway of Hong Kong\u2019s old airport at Kai Tak was withdrawn from sale on Wednesday, after the Lands Department announced it had rejected all nine tenders received for the land. That all tenders failed to meet the government\u2019s requirements suggests\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":119365,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/number-of-bids-for-kai-tak-residential-plot-falls-below-2017-market-peak-as-recession-pandemic-weigh-on-developer-appetite\/","url_meta":{"origin":120200,"position":5},"title":"Number of bids for Kai Tak residential plot falls below 2017 market peak, as recession, pandemic weigh on developer appetite","date":"November 27, 2020","format":false,"excerpt":"\r The first residential plot at the site of Hong Kong\u2019s former airport put on sale by the government this year has drawn a less than enthusiastic response from developers.The tender of Area 4E Site 1 at Kai Tak closed on Friday and drew 10 bids, according to the Lands\u2026","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\/120200"}],"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=120200"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/120200\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=120200"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=120200"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=120200"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}