{"id":139162,"date":"2023-09-13T19:31:34","date_gmt":"2023-09-13T12:31:34","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developer-sino-land-wins-kai-tak-land-tender-with-a-676-million-bid-a-nine-year-low-beating-a-crowded-field-of-rivals\/"},"modified":"2023-09-13T19:38:27","modified_gmt":"2023-09-13T12:38:27","slug":"hong-kong-developer-sino-land-wins-kai-tak-land-tender-with-a-676-million-bid-a-nine-year-low-beating-a-crowded-field-of-rivals","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developer-sino-land-wins-kai-tak-land-tender-with-a-676-million-bid-a-nine-year-low-beating-a-crowded-field-of-rivals\/","title":{"rendered":"Hong Kong developer Sino Land wins Kai Tak land tender with a $676 million bid, a nine year-low, beating a crowded field of rivals"},"content":{"rendered":"


\nSino Land outbid its rivals with a winning price of HK$5.3 billion for a plot of land in Hong Kong\u2019s Kai Tak neighbourhood, which some analysts said was conservative given the stagnating economic environment.
\n
\nSource : South China Morning Post
\nRead more…Hong Kong developer Sino Land wins Kai Tak land tender with a 6 million bid, a nine year-low, beating a crowded field of rivals<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Sino Land outbid its rivals with a winning price of HK$5.3 billion for a plot...<\/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-139162","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-Acy","jetpack-related-posts":[{"id":118985,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/worlds-costliest-office-market-shows-first-signs-of-weakness-as-hong-kong-withdraws-biggest-commercial-site-this-year-developer-cuts-rent-at-kai-tak-tower-by-20-per-cent\/","url_meta":{"origin":139162,"position":0},"title":"World\u2019s costliest office market shows first signs of weakness, as Hong Kong withdraws biggest commercial site this year, developer cuts rent at Kai Tak tower by 20 per cent","date":"October 21, 2020","format":false,"excerpt":"\r In the first signs of a slowdown in Hong Kong\u2019s office property market, the government withdrew this year\u2019s largest commercial site from tender, while Nan Fung Development lowered the asking rent for a grade A office tower under construction at Kai Tak by up to 20 per cent.Bids for\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":43635,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/poly-property-group-fails-in-bid-to-acquire-third-kai-tak-site\/","url_meta":{"origin":139162,"position":1},"title":"Poly Property Group fails in bid to acquire third Kai Tak site","date":"February 10, 2017","format":false,"excerpt":"\r Poly Property Group, the Hong Kong listed arm of state-owned China Poly Group, failed to secure a third plot of land in the city after it was outbid by rivals in the bidding for four residential sites at Kai Tak offered by government tender. The group\u2019s failure could be\u2026","rel":"","context":"In "Property News"","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":139162,"position":2},"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 "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":108070,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/kai-tak-sale-hong-kong-government-postpones-land-tender-for-the-first-time-as-protests-throw-city-out-of-gear\/","url_meta":{"origin":139162,"position":3},"title":"Kai Tak sale: Hong Kong government postpones land tender for the first time as protests throw city out of gear","date":"June 13, 2019","format":false,"excerpt":"\r The Hong Kong government has for the first time in its history postponed the tender of a large waterfront residential site at the former Kai Tak airport after violent street protests against a controversial extradition bill rocked the city.\u201cThe Central Tender Board announces that the closing time for tenders\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":109760,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-government-doubles-deposit-for-land-tenders-to-hk50-million-after-goldins-abandoned-kai-tak-sale\/","url_meta":{"origin":139162,"position":4},"title":"Hong Kong government doubles deposit for land tenders to HK$50 million after Goldin\u2019s abandoned Kai Tak sale","date":"August 9, 2019","format":false,"excerpt":"\r The Lands Department said on Thursday it is doubling the deposit for government sites put up for tender to as much as HK$50 million (US$6.3 million) after a buyer walked away from a winning bid of HK$11.1 billion for a plot of prime land in June.The rule is effective\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":118014,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-distressed-developer-loses-us58-million-in-12-days-in-u-turn-on-kai-tak-land-deal-amid-scramble-with-hostile-creditors\/","url_meta":{"origin":139162,"position":5},"title":"Hong Kong distressed developer loses US$58 million in 12 days in U-turn on Kai Tak land deal amid scramble with hostile creditors","date":"July 29, 2020","format":false,"excerpt":"\r Cash-strapped Hong Kong developer Goldin Financial Holdings said it had found a new buyer for its waterfront residential plot in Kai Tak, less than two weeks after agreeing to sell the property to an offshore buyer. The change of mind comes with an immediate loss of HK$450 million (US$58\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\/139162"}],"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=139162"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/139162\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=139162"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=139162"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=139162"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}