{"id":149489,"date":"2025-02-13T06:30:09","date_gmt":"2025-02-12T23:30:09","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/family-of-hong-kongs-minibus-king-sells-the-center-offices-at-34-loss-in-market-slump\/"},"modified":"2025-02-13T16:37:36","modified_gmt":"2025-02-13T09:37:36","slug":"family-of-hong-kongs-minibus-king-sells-the-center-offices-at-34-loss-in-market-slump","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/family-of-hong-kongs-minibus-king-sells-the-center-offices-at-34-loss-in-market-slump\/","title":{"rendered":"Family of Hong Kong\u2019s \u2018minibus king\u2019 sells The Center offices at 34% loss in market slump"},"content":{"rendered":"<p>&#013;<br \/>\nMa Ah-muk bought the floors in 2018 from Li Ka-shing\u2019s CK Asset as part of what was then the world\u2019s priciest property transaction.&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/business\/article\/3298420\/hong-kong-minibus-kings-family-sell-center-assets-34-discount-2018-price?utm_source=rss_feed\" target=\"_blank\" rel=\"noopener\">Family of Hong Kong\u2019s \u2018minibus king\u2019 sells The Center offices at 34% loss in market slump<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Ma Ah-muk bought the floors in 2018 from Li Ka-shing\u2019s CK Asset as part of&#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-149489","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-CT7","jetpack-related-posts":[{"id":88217,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/from-minibuses-to-worlds-most-expensive-tower-how-hong-kong-tycoon-ma-ah-muk-made-and-kept-a-fortune\/","url_meta":{"origin":149489,"position":0},"title":"From minibuses to world\u2019s most expensive tower: how Hong Kong tycoon Ma Ah Muk made and kept a fortune","date":"May 15, 2018","format":false,"excerpt":"\r Hong Kong\u2019s \u201cKing of the Minibus\u201d, billionaire Ma Ah Muk, has a simple strategy for success in business: he is constantly on the lookout for \u201cexciting\u201d investment opportunities that will deliver long-term returns. It\u2019s a tactic that has served the 87-year-old magnate well. \u201cI have never lost any money\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":171768,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-central-office-rents-set-to-reverse-multi-year-slump-with-gains-in-second-half\/","url_meta":{"origin":149489,"position":1},"title":"Hong Kong\u2019s Central office rents set to reverse multi-year slump with gains in second half","date":"May 14, 2026","format":false,"excerpt":"\r Office rents in Hong Kong\u2019s Central district are expected to rise faster in the second quarter of the year, according to analysts, a reversal of a multi-year slump that began in the second half of 2019. The latest forecast was made by US bank Citi, which said premium offices\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":67842,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/can-faster-conversion-of-farmland-provide-a-solution-to-hong-kongs-housing-problem\/","url_meta":{"origin":149489,"position":2},"title":"Can faster conversion of farmland provide a solution to Hong Kong\u2019s housing problem?","date":"September 30, 2017","format":false,"excerpt":"\r The 20-minute journey by minibus from the MTR\u2019s Tai Po station traverses the narrow two-lane Tung Tsz Road, passing abandoned vehicles on both sides of the road, reaching a wooded area dotted with a small number of villages. The farmland, vacant for more than 20 years and owned by\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":115206,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-property-sales-agencies-report-their-worst-financial-results-in-years-amid-triple-whammy-industry-slump\/","url_meta":{"origin":149489,"position":3},"title":"Hong Kong\u2019s property sales agencies report their worst financial results in years amid triple whammy industry slump","date":"March 27, 2020","format":false,"excerpt":"\r Hong Kong\u2019s property agencies are reporting their worst financial results in years, as the coronavirus pandemic added to the woes of an industry that was already slumping from many months of anti-government protests and an unrelenting US-China trade war.Midland Holdings, the city\u2019s largest publicly listed network of sales agents,\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":118857,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-group-plans-expansion-of-d2-place-with-redevelopment-of-industrial-building-into-office-tower-amid-retail-slump\/","url_meta":{"origin":149489,"position":4},"title":"Hong Kong group plans expansion of D2 Place with redevelopment of industrial building into office tower amid retail slump","date":"October 7, 2020","format":false,"excerpt":"\r Lawsgroup is pushing ahead with the redevelopment of industrial buildings into offices and shopping centres even as Hong Kong\u2019s economy and retail sector still reel from the coronavirus outbreak.The building in Lai Chi Kok, West Kowloon, right next to its D2 Place One and Two shopping malls, \ufeffwill be\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":154356,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/japanese-retailers-capitalise-on-hong-kongs-retail-property-slump-to-expand\/","url_meta":{"origin":149489,"position":5},"title":"Japanese retailers capitalise on Hong Kong\u2019s retail property slump to expand","date":"May 27, 2025","format":false,"excerpt":"\r 3Coins, an Osaka-based retailer, plans to open an outlet in Causeway Bay, joining a list of Japanese businesses that are finding value amid a slump in Hong Kong\u2019s retail real estate market. 3Coins will open its first store in mid-July in Hysan Place and will carry Japanese products including\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\/149489"}],"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=149489"}],"version-history":[{"count":1,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/149489\/revisions"}],"predecessor-version":[{"id":149490,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/149489\/revisions\/149490"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=149489"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=149489"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=149489"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}