{"id":120788,"date":"2021-06-25T06:30:16","date_gmt":"2021-06-24T23:30:16","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/first-kai-tak-runway-residential-project-priced-13-per-cent-cheaper-to-activate-sales\/"},"modified":"2021-07-18T17:04:58","modified_gmt":"2021-07-18T10:04:58","slug":"first-kai-tak-runway-residential-project-priced-13-per-cent-cheaper-to-activate-sales","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/first-kai-tak-runway-residential-project-priced-13-per-cent-cheaper-to-activate-sales\/","title":{"rendered":"First Kai Tak runway residential project priced 13 per cent cheaper to \u2018activate sales\u2019"},"content":{"rendered":"<p>&#013;<br \/>\nHong Kong\u2019s first residential project on the runway of the city\u2019s former airport at Kai Tak has been priced about 13 per cent lower than a development put on sale in the area in April.China Overseas Land and Investment on Thursday set the prices of the first batch of 212 units at One Victoria at an average of HK$22,977 (US$2,959) per square foot.\u201cThe project has a lot of units, so the prices were set more attractively to attract registrations of intent,\u201d said Sammy Po Siu-ming, CEO of Midland\u2026&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/business\/article\/3138636\/first-kai-tak-runway-residential-project-priced-13-cent-cheaper-activate?utm_source=rss_feed\" target=\"_blank\" rel=\"noopener\">First Kai Tak runway residential project priced 13 per cent cheaper to \u2018activate sales\u2019<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Hong Kong\u2019s first residential project on the runway of the city\u2019s former airport at Kai&#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-120788","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-vqc","jetpack-related-posts":[{"id":125817,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/wheelock-prices-flats-in-kai-tak-12-per-cent-cheaper-as-hong-kongs-developers-get-ready-to-test-demand-in-economy-ravaged-by-covid-19\/","url_meta":{"origin":120788,"position":0},"title":"Wheelock prices flats in Kai Tak 12 per cent cheaper as Hong Kong\u2019s developers get ready to test demand in economy ravaged by Covid-19","date":"April 14, 2022","format":false,"excerpt":"\r Wheelock Properties priced the first 112 units at Monaco Marine in Kai Tak at an average HK$24,833 (US$3,167) per sq ft, 12 per cent below a development sold in the same area last summer.\r \r Source : South China Morning Post\r Read more...Wheelock prices flats in Kai Tak 12\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":43508,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/k-wah-international-prices-k-city-at-kai-tak-above-taikoo-shing\/","url_meta":{"origin":120788,"position":1},"title":"K Wah International prices K. City at Kai Tak above Taikoo Shing","date":"February 9, 2017","format":false,"excerpt":"\r K Wah International has launched the second residential development to go on sale at Kai Tak, the site of Hong Kong\u2019s former airport, with units priced 24 per cent higher than the debut project six months ago. K Wah on Thursday released the price list for the first batch\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":112218,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/kai-tak-runway-parcel-tender-receives-muted-response-even-after-valuation-is-cut-by-15-per-cent\/","url_meta":{"origin":120788,"position":2},"title":"Kai Tak runway parcel tender receives muted response even after valuation is cut by 15 per cent","date":"November 8, 2019","format":false,"excerpt":"\r The tender for a sea-facing parcel on the runway of Hong Kong\u2019s former airport received only four bids even after its valuation was cut by 15 per cent to reflect the worsening state of the city\u2019s economy after five months of social unrest, US-China trade war and looming vacancy\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":100997,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-builders-pay-us1-billion-for-first-plot-on-runway-of-old-kai-tak-airport\/","url_meta":{"origin":120788,"position":3},"title":"Hong Kong builders pay US$1 billion for first plot on runway of old Kai Tak airport","date":"November 7, 2018","format":false,"excerpt":"\r What a difference six months makes. A plot of prime waterfront land in Hong Kong has sold at a price that is 18 per cent lower than a comparable tender in the same area. A consortium of four major local developers won the auction for the first residential site\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":120762,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-homebuyers-pile-into-kai-taks-first-harbourfront-flats-after-a-tepid-start-betting-on-property-bull-market-to-continue\/","url_meta":{"origin":120788,"position":4},"title":"Hong Kong\u2019s homebuyers pile into Kai Tak\u2019s first harbourfront flats after a tepid start, betting on property bull market to continue","date":"July 3, 2021","format":false,"excerpt":"\r Hong Kong\u2019s homebuyers snapped up the first harbourfront flats built on Hong Kong\u2019s former airport runway in Kai Tak despite a slow start, as generous discounts lured investors to double down on their bets of the continuing property bull market.China Overseas Land and Investment sold 364 flats, or 91\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":106819,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/developers-rush-to-bid-for-kai-taks-latest-residential-land-plot-as-bull-market-returns-to-hong-kongs-real-estate\/","url_meta":{"origin":120788,"position":5},"title":"Developers rush to bid for Kai Tak\u2019s latest residential land plot as bull market returns to Hong Kong\u2019s real estate","date":"May 3, 2019","format":false,"excerpt":"\r Developers submitted seven bids for the third-largest residential plot at Hong Kong's former Kai Tak airport, as April sales data showed home transactions jumping by 52.8 per cent from March, in a clear sign of the bull market\u2019s return to the world's most expensive city.Kai Tak\u2019s Area 4C Site\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\/120788"}],"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=120788"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/120788\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=120788"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=120788"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=120788"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}