{"id":135016,"date":"2023-03-01T19:31:23","date_gmt":"2023-03-01T12:31:23","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sun-hung-kai-wins-mong-kok-commercial-site-for-us602-5-million-well-below-estimates-in-years-first-land-sale\/"},"modified":"2023-03-01T20:09:57","modified_gmt":"2023-03-01T13:09:57","slug":"sun-hung-kai-wins-mong-kok-commercial-site-for-us602-5-million-well-below-estimates-in-years-first-land-sale","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sun-hung-kai-wins-mong-kok-commercial-site-for-us602-5-million-well-below-estimates-in-years-first-land-sale\/","title":{"rendered":"Sun Hung Kai wins Mong Kok commercial site for US$602.5 million, well below estimates, in year\u2019s first land sale"},"content":{"rendered":"<p>&#013;<br \/>\nSun Hung Kai Properties will build a 320-metre tower after its winning bid of US$602.5 millionwell below the US$930 million the site was expected to fetch.&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/business\/article\/3211985\/sun-hung-kai-wins-mong-kok-commercial-site-us6025-million-well-below-estimates-years-first-land-sale?utm_source=rss_feed\" target=\"_blank\" rel=\"noopener\">Sun Hung Kai wins Mong Kok commercial site for US2.5 million, well below estimates, in year\u2019s first land sale<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Sun Hung Kai Properties will build a 320-metre tower after its winning bid of US$602.5&#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-135016","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-z7G","jetpack-related-posts":[{"id":57576,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sun-hung-kai-properties-halts-sales-of-converted-apartments-in-shanghai\/","url_meta":{"origin":135016,"position":0},"title":"Sun Hung Kai Properties halts sales of converted apartments in Shanghai","date":"June 12, 2017","format":false,"excerpt":"\r Sun Hung Kai Properties, Hong Kong\u2019s largest developer by market capitalisation, has been caught flat-footed by a controversial policy in Shanghai barring the sale of apartments built on land designated for office or commercial use. The developer has been forced to stop the sale of the remaining converted apartments\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":119572,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sun-hung-kai-properties-chinachem-group-may-bid-in-rare-two-envelope-tender-for-prime-commercial-plot-next-to-hong-kongs-ifc\/","url_meta":{"origin":135016,"position":1},"title":"Sun Hung Kai Properties, Chinachem Group may bid in rare \u2018two-envelope\u2019 tender for prime commercial plot next to Hong Kong\u2019s IFC","date":"December 18, 2020","format":false,"excerpt":"\r Hong Kong\u2019s biggest developer by value, Sun Hung Kai Properties, and Chinachem Group said they may bid for a prime plot of commercial land to be sold via a rare tender process that takes into account participants\u2019 design plans as well as cash bids.The government is using a \u201ctwo-envelope\u201d\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":131751,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/lone-bidder-sun-hung-kai-properties-wins-west-kowloon-commercial-plot-as-tough-market-deters-rival-bids\/","url_meta":{"origin":135016,"position":2},"title":"Lone bidder Sun Hung Kai Properties wins West Kowloon commercial plot as tough market deters rival bids","date":"November 22, 2022","format":false,"excerpt":"\r The Artist Square Tower Project comprising three buildings with office, retail and entertainment features in the district billed as Hong Kong\u2019s premier arts hub, was awarded to Winner Harvest Limited, a unit of SHKP.\r \r Source : South China Morning Post\r Read more...Lone bidder Sun Hung Kai Properties wins\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":88351,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sun-hung-kai-properties-sets-residential-land-sale-record-in-hk\/","url_meta":{"origin":135016,"position":3},"title":"Sun Hung Kai Properties sets residential land sale record in HK","date":"May 15, 2018","format":false,"excerpt":"\r \r \r Source : ft.com\r Read more...Sun Hung Kai Properties sets residential land sale record in HK","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":104033,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sun-hung-kai-properties-wins-tai-po-land-parcel-at-auction-for-hk6-31-billion\/","url_meta":{"origin":135016,"position":4},"title":"Sun Hung Kai Properties wins Tai Po land parcel at auction for HK$6.31 billion","date":"February 15, 2019","format":false,"excerpt":"\r Sun Hung Kai Properties won a residential parcel in Tai Po for a higher-than-expected HK$6.31 billion (US$804 million) on Friday, its second successful government land tender in a month. The price translates to HK$6,646 per square foot, 69 per cent higher than the previous site in the area which\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"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":135016,"position":5},"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 &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\/135016"}],"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=135016"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/135016\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=135016"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=135016"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=135016"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}