{"id":149467,"date":"2025-02-11T15:43:30","date_gmt":"2025-02-11T08:43:30","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-restaurant-chain-boss-to-sell-sha-tin-building-as-retail-woes-worsen\/"},"modified":"2025-02-11T21:03:06","modified_gmt":"2025-02-11T14:03:06","slug":"hong-kong-restaurant-chain-boss-to-sell-sha-tin-building-as-retail-woes-worsen","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-restaurant-chain-boss-to-sell-sha-tin-building-as-retail-woes-worsen\/","title":{"rendered":"Hong Kong restaurant chain boss to sell Sha Tin building as retail woes worsen"},"content":{"rendered":"<p>&#013;<br \/>\nYeung Wai, the chairman of Fulum Group, is offering the Big Orange, acquired in 2013 for US$64 million, via tender.&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/business\/article\/3298228\/hong-kong-restaurant-chain-boss-sell-sha-tin-building-retail-woes-worsen?utm_source=rss_feed\" target=\"_blank\" rel=\"noopener\">Hong Kong restaurant chain boss to sell Sha Tin building as retail woes worsen<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Yeung Wai, the chairman of Fulum Group, is offering the Big Orange, acquired in 2013&#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-149467","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-CSL","jetpack-related-posts":[{"id":122571,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/watsons-closes-shop-in-tsim-sha-tsui-after-20-years-in-latest-sign-of-hong-kong-retail-sectors-struggle-to-survive-coronavirus-pandemic\/","url_meta":{"origin":149467,"position":0},"title":"Watsons closes shop in Tsim Sha Tsui after 20 years in latest sign of Hong Kong retail sector\u2019s struggle to survive coronavirus pandemic","date":"October 13, 2021","format":false,"excerpt":"\r Personal health care chain Watsons said it will close its shop in one of Hong Kong\u2019s major tourist locations on Thursday after leasing it for two decades, a sign of the retail industry\u2019s struggle to survive a near-total absence of visitors during the pandemic.Watsons, owned by tycoon Li Ka-shing\u2019s\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":117680,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-mobile-outbids-hong-kong-tycoons-singapore-rival-with-record-price-for-sha-tin-industrial-land-in-sign-of-market-revival\/","url_meta":{"origin":149467,"position":1},"title":"China Mobile outbids Hong Kong tycoons, Singapore rival with record price for Sha Tin industrial land in sign of market revival","date":"July 9, 2020","format":false,"excerpt":"\r China Mobile, the world\u2019s largest wireless network operator, has agreed to pay a record price for a parcel of industrial land in Hong Kong to outbid a handful of Hong Kong tycoons, possibly signaling the return of powerful mainland buyers to the city\u2019s property market.The telecommunications group offered HK$5.6\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":119075,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-homebuyers-snap-up-ck-assets-new-launch-in-sha-tin-snubbing-k-wahs-two-year-old-kai-tak-project\/","url_meta":{"origin":149467,"position":2},"title":"Hong Kong homebuyers snap up CK Asset\u2019s new launch in Sha Tin, snubbing K Wah\u2019s two-year old Kai Tak project","date":"October 31, 2020","format":false,"excerpt":"\r Hong Kong\u2019s homebuyers jumped at the chance for life in the luxury district of Sha Tin, snapping up a new residential project launched there, while giving their collective cold shoulder to a two-year old leftover development at the city\u2019s former airport site.\rCK Asset Holdings sold 84 out of 98\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":122623,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/centralcons-sha-tin-housing-project-launch-gets-off-to-a-slow-start-as-buyers-hold-out-for-better-options-amid-robust-supply\/","url_meta":{"origin":149467,"position":3},"title":"Centralcon\u2019s Sha Tin housing project launch gets off to a slow start as buyers hold out for better options amid robust supply","date":"October 16, 2021","format":false,"excerpt":"\r A weekend property sale got off to a slow start in Hong Kong, as homebuyers balked at flats offered by lesser known developers in a market where thousands of new flats are waiting to launch this year.Centralcon Properties, a local developer, managed to sell 118 flats, or 32 per\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":116379,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-retail-landlord-chinachem-cuts-base-rent-close-to-zero-for-some-tenants-in-tsim-sha-tsui-wants-to-walk-them-through-this-tough-period\/","url_meta":{"origin":149467,"position":4},"title":"Hong Kong retail landlord Chinachem cuts base rent close to zero for some tenants in Tsim Sha Tsui, wants to \u2018walk them through this tough period\u2019","date":"May 15, 2020","format":false,"excerpt":"\r Chinachem Group is charging close to zero base rents as part of relief measures offered to some of its tenants in its Tsim Sha Tsui shopping centres since March.Donald Choi, the Hong Kong retail landlord\u2019s chief executive, said in an interview on the sidelines of the China Conference, which\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":158305,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mcdonalds-seeks-us153-million-for-8-hong-kong-retail-properties-in-rare-sale\/","url_meta":{"origin":149467,"position":5},"title":"McDonald\u2019s seeks US$153 million for 8 Hong Kong retail properties in rare sale","date":"July 28, 2025","format":false,"excerpt":"\r McDonald\u2019s Corp is selling eight retail properties in Hong Kong with an estimated market value of HK$1.2 billion (US$153 million), giving investors a rare opportunity to own fully tenanted assets, as the world\u2019s biggest fast-food chain reviews its real estate portfolio in the city. The Chicago-based group appointed JLL\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\/149467"}],"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=149467"}],"version-history":[{"count":1,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/149467\/revisions"}],"predecessor-version":[{"id":149468,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/149467\/revisions\/149468"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=149467"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=149467"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=149467"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}