{"id":163622,"date":"2025-10-31T11:25:32","date_gmt":"2025-10-31T04:25:32","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/idle-hong-kong-seafront-site-gets-new-lease-of-life-from-private-equity-firm-mbk\/"},"modified":"2025-10-31T13:09:21","modified_gmt":"2025-10-31T06:09:21","slug":"idle-hong-kong-seafront-site-gets-new-lease-of-life-from-private-equity-firm-mbk","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/idle-hong-kong-seafront-site-gets-new-lease-of-life-from-private-equity-firm-mbk\/","title":{"rendered":"Idle Hong Kong seafront site gets new lease of life from private equity firm MBK"},"content":{"rendered":"<p>&#013;<br \/>\nA mega waterfront commercial site in Hong Kong\u2019s Quarry Bay that has been left idle for nearly two decades by a now-bankrupt local businessman may finally be poised for a revival.<br \/>\nThe current owner, Marine Riches, majority owned by Seoul-based private equity group MBK Partners, had applied to amend plans for the site to the Town Planning Board \u2013 a move that came amid signs of recovery in Hong Kong\u2019s retail sector and property market.<br \/>\nMarine Riches proposed to build a mixed-use development&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/business\/article\/3331006\/idle-hong-kong-seafront-site-gets-new-lease-life-private-equity-firm-mbk-partners?utm_source=rss_feed\" target=\"_blank\" rel=\"noopener\">Idle Hong Kong seafront site gets new lease of life from private equity firm MBK<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; A mega waterfront commercial site in Hong Kong\u2019s Quarry Bay that has been left idle&#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-163622","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-Gz4","jetpack-related-posts":[{"id":163616,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/european-private-equity-firm-ardian-eyes-fresh-growth-at-new-hong-kong-office\/","url_meta":{"origin":163622,"position":0},"title":"European private equity firm Ardian eyes fresh growth at new Hong Kong office","date":"October 31, 2025","format":false,"excerpt":"\r Paris-based private equity (PE) firm Ardian has opened a 4,000 sq ft office in Hong Kong\u2019s main business district, with an eye on growing its US$3 billion investment out of the company\u2019s total US$200 billion in assets under management (AUM). The new office at the Two International Finance Centre\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":107142,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/first-seafront-commercial-plot-of-land-on-kai-tak-runway-sells-for-record-hk11-1-billion\/","url_meta":{"origin":163622,"position":1},"title":"First seafront commercial plot of land on Kai Tak runway sells for record HK$11.1 billion","date":"May 15, 2019","format":false,"excerpt":"\r The first seafront commercial plot of land on the runway of Hong Kong\u2019s former airport, Kai Tak, has sold for a record HK$11.1 billion (US$1.41 billion), the city\u2019s Lands Department said on Wednesday.Hong Kong developer Goldin Financial Holdings shrugged off the turmoil of an escalating trade war to win\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":100638,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/negative-equity-returns-to-hong-kong-as-small-flats-value-drop-by-20-per-cent-in-a-declining-market\/","url_meta":{"origin":163622,"position":2},"title":"Negative equity returns to Hong Kong as small flats\u2019 value drop by 20 per cent in a declining market","date":"October 29, 2018","format":false,"excerpt":"\r Scores of homeowners in Hong Kong are on the verge of falling into negative equity, with small flats in older buildings losing up to a fifth of their value in a matter of weeks. Many people who bought flats in the last couple of months have seen their value\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":163643,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-q3-negative-equity-shrinks-17-hkmas-data-shows\/","url_meta":{"origin":163622,"position":3},"title":"Hong Kong\u2019s Q3 negative equity shrinks 17%, HKMA\u2019s data shows","date":"October 31, 2025","format":false,"excerpt":"\r Hong Kong\u2019s residential property market is displaying signs of improvement in the third quarter, as a crucial barometer of real estate loans showed fewer cases of negative equity. The number of negative equity cases fell 17 per cent to 31,449 at the end of September, from 37,806 at the\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":11654,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/negative-equity-cases-jump-14-times-as-hong-kong-property-prices-fall-again-in-march\/","url_meta":{"origin":163622,"position":4},"title":"Negative equity cases jump 14 times as Hong Kong property prices fall again in March","date":"April 29, 2016","format":false,"excerpt":"\r Hong Kong\u2019s tottering residential market was hit by a gust of negative news on Friday, with the supply of new private homes projected to rise to a record high of 92,000 and negative equity cases rising alarmingly as home prices continue to fall.\r \r Source : South China Morning\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":147908,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-third-quarter-negative-equity-cases-jump-34-to-a-21-year-high-of-40713-cases\/","url_meta":{"origin":163622,"position":5},"title":"Hong Kong\u2019s third-quarter negative equity cases jump 34% to a 21-year high of 40,713 cases","date":"October 31, 2024","format":false,"excerpt":"\r The number of negative equity cases soared to 40,713 at the end of September, a jump of 34 per cent from June, according to the Hong Kong Monetary Authority.\r \r Source : South China Morning Post\r Read more...Hong Kong\u2019s third-quarter negative equity cases jump 34% to a 21-year high\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\/163622"}],"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=163622"}],"version-history":[{"count":1,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/163622\/revisions"}],"predecessor-version":[{"id":163623,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/163622\/revisions\/163623"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=163622"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=163622"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=163622"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}