{"id":140768,"date":"2023-12-20T21:11:15","date_gmt":"2023-12-20T14:11:15","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-property-sole-bidder-sino-land-secures-site-on-lantau-island-for-us26-million-nearly-20-below-expectations-as-market-languishes\/"},"modified":"2023-12-20T21:24:12","modified_gmt":"2023-12-20T14:24:12","slug":"hong-kong-property-sole-bidder-sino-land-secures-site-on-lantau-island-for-us26-million-nearly-20-below-expectations-as-market-languishes","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-property-sole-bidder-sino-land-secures-site-on-lantau-island-for-us26-million-nearly-20-below-expectations-as-market-languishes\/","title":{"rendered":"Hong Kong property: sole bidder Sino Land secures site on Lantau Island for US$26 million, nearly 20% below expectations as market languishes"},"content":{"rendered":"


\nSino Land, the only bidder in the tender for a plot of land on Lantau Island, has paid a price nearly 20 per cent lower than market expectations as Hong Kong\u2019s housing market continues to languish in the doldrums.
\n
\nSource : South China Morning Post
\nRead more…Hong Kong property: sole bidder Sino Land secures site on Lantau Island for US million, nearly 20% below expectations as market languishes<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Sino Land, the only bidder in the tender for a plot of land on Lantau...<\/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-140768","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-ACs","jetpack-related-posts":[{"id":94125,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/southern-lantau-island-hot-property-thanks-to-hong-kong-macau-zhuhai-bridge\/","url_meta":{"origin":140768,"position":0},"title":"Southern Lantau Island hot property thanks to Hong Kong-Macau-Zhuhai Bridge","date":"July 18, 2018","format":false,"excerpt":"\r A plot of land on southern Lantau Island measuring 62,108 sq ft, which will become available over the next three months for sale through government tender, could emerge as the island\u2019s newest luxury villa development since the launch of Swire Properties\u2019 Whitesands villas three years ago. The plot, a\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":118711,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/developers-eye-guishan-islands-reclamation-to-augment-lantau-plan-in-easing-hong-kongs-land-woes-in-test-for-greater-bay-area\/","url_meta":{"origin":140768,"position":1},"title":"Developers eye Guishan Island\u2019s reclamation to augment Lantau plan in easing Hong Kong\u2019s land woes in test for Greater Bay Area","date":"September 23, 2020","format":false,"excerpt":"\r A guild of developers and real estate professionals have proposed to reclaim several islands lying in the sea between Lantau Island and Macau to augment the Hong Kong government\u2019s HK$624 billion (US$80 billion) Lantau Tomorrow reclamation project for alleviating the city\u2019s land shortage.The proposal by the 229-member Hong Kong\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":105149,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/proposed-hk1-trillion-east-lantau-metropolis-is-the-answer-to-hong-kongs-future-land-needs\/","url_meta":{"origin":140768,"position":2},"title":"Proposed HK$1 trillion East Lantau Metropolis is the answer to Hong Kong\u2019s future land needs","date":"March 19, 2019","format":false,"excerpt":"\r The Hong Kong Institute of Surveyors (HKIS) has estimated the total land value of the proposed East Lantau Metropolis. The 1,000 hectares of land to be reclaimed under phase one of Lantau Tomorrow Vision is valued at HK$1.14 trillion (US$145 billion), and this does not even include any potential\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":134501,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mtr-corp-withdraws-tender-for-oyster-bay-residential-site-on-lantau-island-after-just-3-bids-submitted-in-subdued-market\/","url_meta":{"origin":140768,"position":3},"title":"MTR Corp withdraws tender for Oyster Bay residential site on Lantau Island after just 3 bids submitted in subdued market","date":"February 13, 2023","format":false,"excerpt":"\r It is the third time the bidding process for a parcel of Hong Kong land has fallen through in just over a month as developers remain hesitant to commit to large investments amid rising interest rates and uncertainty in the economic outlook.\r \r Source : South China Morning Post\r\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":124274,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/discovery-bay-developer-hong-kong-resort-company-to-invest-us1-9-billion-the-biggest-in-lantau-in-the-past-decade\/","url_meta":{"origin":140768,"position":4},"title":"Discovery Bay developer Hong Kong Resort Company to invest US$1.9 billion, the biggest in Lantau in the past decade","date":"January 18, 2022","format":false,"excerpt":"\r Hong Kong Resort Company plans to invest HK$15 billion (US$1.9 billion) to build 1,400 flats in Discovery Bay, its biggest investment in more than a decade in Lantau.The Hong Kong-listed company, a joint venture between HKR International and Citic, is the developer of Discovery Bay, a sprawling residential community\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":104391,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/lantau-island-land-plot-sells-for-50pc-above-expectations-driven-by-greater-bay-area-fever\/","url_meta":{"origin":140768,"position":5},"title":"Lantau Island land plot sells for 50pc above expectations, driven by Greater Bay Area \u2018fever\u2019","date":"February 25, 2019","format":false,"excerpt":"\r A plot of land in the south of \u00adLantau sold for HK$1.13 billion (US$143.96 million) on Monday, beating market forecasts by as much as 50 per cent amid optimism about the spin-off benefits arising from the \u201cGreater Bay Area\u201d development plan.Huge Choice Group, an affiliate of mainland developer Agile\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\/140768"}],"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=140768"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/140768\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=140768"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=140768"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=140768"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}