{"id":165147,"date":"2025-11-18T20:33:34","date_gmt":"2025-11-18T13:33:34","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinachem-secures-plot-in-hong-kongs-tsuen-wan-for-us318-million\/"},"modified":"2025-11-18T21:45:04","modified_gmt":"2025-11-18T14:45:04","slug":"chinachem-secures-plot-in-hong-kongs-tsuen-wan-for-us318-million","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinachem-secures-plot-in-hong-kongs-tsuen-wan-for-us318-million\/","title":{"rendered":"Chinachem secures plot in Hong Kong\u2019s Tsuen Wan for US$318 million"},"content":{"rendered":"


\nChinachem Group has secured a 70,127 sq ft site in Tsuen Wan in the New Territories for more than HK$2.47 billion (US$318 million), beating eight other bidders, according to the Lands Department.
\nThe other bidders were Sun Hung Kai Properties, CK Asset Holdings, Henderson Land Development, Great Eagle Holdings, China Overseas Land & Investment, K. Wah International Holdings, Wheelock Properties and a consortium of Sino Land, Kerry Properties and China Merchants Land.
\nThe award gives Chinachem \u2013…
\n
\nSource : South China Morning Post
\nRead more…Chinachem secures plot in Hong Kong\u2019s Tsuen Wan for US8 million<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Chinachem Group has secured a 70,127 sq ft site in Tsuen Wan in the New...<\/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-165147","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-GXF","jetpack-related-posts":[{"id":164852,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-top-developers-vie-for-rare-tsuen-wan-site-in-test-of-land-market\/","url_meta":{"origin":165147,"position":0},"title":"Hong Kong\u2019s top developers vie for rare Tsuen Wan site in test of land market","date":"November 14, 2025","format":false,"excerpt":"\r Nine groups, including some of Hong Kong\u2019s largest developers \u2013 Sun Hung Kai Properties (SHKP), CK Asset Holdings, Henderson Land and Chinachem Group \u2013 have submitted offers for a 70,127 sq ft parcel in Tsuen Wan in the New Territories. The Lands Department received the bids by noon on\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":142842,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-world-sells-its-interest-in-d-park-mall-in-tsuen-wan-to-rival-hong-kong-developer-chinachem-for-us510-million\/","url_meta":{"origin":165147,"position":1},"title":"New World sells its interest in D-Park mall in Tsuen Wan to rival Hong Kong developer Chinachem for US$510 million","date":"March 1, 2024","format":false,"excerpt":"\r New World Development (NWD) has agreed to dispose of its shopping centre and parking spaces in Tsuen Wan, selling them to rival Hong Kong property company Chinachem Group for HK$4.02 billion (US$510 million) as part of plans to cut its heavy debt load.\r \r Source : South China Morning\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":64082,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinachems-low-price-strategy-draws-more-interest-among-competing-tsuen-wan-projects\/","url_meta":{"origin":165147,"position":2},"title":"Chinachem\u2019s low price strategy draws more interest among competing Tsuen Wan projects","date":"August 20, 2017","format":false,"excerpt":"\r Hong Kong developers found that a lower price strategy worked best over the weekend as two major projects in Tsuen Wan competed for buyer interest. Chinachem Group\u2019s Parc City, which was priced an average of 14 per cent below Cheung Kong Property\u2019s Ocean Supreme, received stronger buying interest. Chinachem\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":64254,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/used-home-sales-tumble-after-chinachem-stuns-market-with-parc-city-discounts\/","url_meta":{"origin":165147,"position":3},"title":"Used home sales tumble after Chinachem stuns market with Parc City discounts","date":"August 22, 2017","format":false,"excerpt":"\r Only one transaction was recorded in the four major housing estates in Tsuen Wan last week, after Chinachem Group\u2019s lower-than-expected launch price for its new project, Parc City, lured potential buyers away from secondary market, according to an agent at Midland Realty. Belvedere Garden in Tsuen Wan was the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":65462,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/why-prices-for-tsuen-wans-1-bedroom-flats-have-dived-most-in-3-months\/","url_meta":{"origin":165147,"position":4},"title":"Why prices for Tsuen Wan\u2019s 1-bedroom flats have dived most in 3 months","date":"September 5, 2017","format":false,"excerpt":"\r Prices for one-bedroom new flats in Hong Kong\u2019s Tsuen Wan district \u2013 which at one point shot up to a jaw-dropping HK$10 million (US$1.28 million) \u2013 have tumbled the most after ChinaChem Group adopted a reverse sales tactic of offloading its latest project at this year\u2019s lowest prices for\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":119572,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sun-hung-kai-properties-chinachem-group-may-bid-in-rare-two-envelope-tender-for-prime-commercial-plot-next-to-hong-kongs-ifc\/","url_meta":{"origin":165147,"position":5},"title":"Sun Hung Kai Properties, Chinachem Group may bid in rare \u2018two-envelope\u2019 tender for prime commercial plot next to Hong Kong\u2019s IFC","date":"December 18, 2020","format":false,"excerpt":"\r Hong Kong\u2019s biggest developer by value, Sun Hung Kai Properties, and Chinachem Group said they may bid for a prime plot of commercial land to be sold via a rare tender process that takes into account participants\u2019 design plans as well as cash bids.The government is using a \u201ctwo-envelope\u201d\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\/165147"}],"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=165147"}],"version-history":[{"count":1,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/165147\/revisions"}],"predecessor-version":[{"id":165148,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/165147\/revisions\/165148"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=165147"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=165147"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=165147"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}