{"id":170536,"date":"2026-02-10T19:34:34","date_gmt":"2026-02-10T12:34:34","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-residential-plot-fetches-us230-million-as-chinese-developer-outbids-city-rivals\/"},"modified":"2026-02-10T21:36:37","modified_gmt":"2026-02-10T14:36:37","slug":"hong-kong-residential-plot-fetches-us230-million-as-chinese-developer-outbids-city-rivals","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-residential-plot-fetches-us230-million-as-chinese-developer-outbids-city-rivals\/","title":{"rendered":"Hong Kong residential plot fetches US$230 million as Chinese developer outbids city rivals"},"content":{"rendered":"<p>&#013;<br \/>\nHong Kong-listed mainland Chinese developer China Overseas Land &amp; Investment won a bid for a 3,132-square-metre (33,712 sq ft) residential plot in Kowloon East, beating some of the city\u2019s largest developers with a higher-than-expected tender.<br \/>\nThe state-backed developer beat eight rivals to secure a 50-year grant for the parcel in Ngau Tau Kok with its bid of HK$1.8 billion (US$230 million), according to a statement from the Lands Department on Tuesday. The site is expected to yield 470&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/business\/article\/3343088\/hong-kong-residential-plot-fetches-us230-million-chinese-developer-outbids-city-rivals?utm_source=rss_feed\" target=\"_blank\" rel=\"noopener\">Hong Kong residential plot fetches US0 million as Chinese developer outbids city rivals<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Hong Kong-listed mainland Chinese developer China Overseas Land &amp; Investment won a bid for a&#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-170536","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-ImA","jetpack-related-posts":[{"id":69556,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-developer-acquires-another-residential-plot-in-singapore-for-us462m\/","url_meta":{"origin":170536,"position":0},"title":"Chinese developer acquires another residential plot in Singapore for US$462m","date":"October 20, 2017","format":false,"excerpt":"\r Shenzhen-based Logan Property has Singapore firmly in its sights. The company has bought a large scale residential site for S$629 million (US$462 million) \u2013 its second in the city within five months. The Hong Kong-listed firm won the bid for a project called Florence Regency located in Hougang district,\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":139162,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developer-sino-land-wins-kai-tak-land-tender-with-a-676-million-bid-a-nine-year-low-beating-a-crowded-field-of-rivals\/","url_meta":{"origin":170536,"position":1},"title":"Hong Kong developer Sino Land wins Kai Tak land tender with a $676 million bid, a nine year-low, beating a crowded field of rivals","date":"September 13, 2023","format":false,"excerpt":"\r Sino Land outbid its rivals with a winning price of HK$5.3 billion for a plot of land in Hong Kong\u2019s Kai Tak neighbourhood, which some analysts said was conservative given the stagnating economic environment.\r \r Source : South China Morning Post\r Read more...Hong Kong developer Sino Land wins Kai\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":170536,"position":2},"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":101256,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sigh-of-relief-as-second-plot-on-hong-kongs-kai-tak-runway-fetches-more-than-first\/","url_meta":{"origin":170536,"position":3},"title":"Sigh of relief as second plot on Hong Kong\u2019s Kai Tak runway fetches more than first","date":"November 14, 2018","format":false,"excerpt":"\r Hong Kong property observers breathed a sigh of relief on Wednesday when a piece of prime waterfront land at the city\u2019s former airport fetched a higher price than a neighbouring plot a week earlier because of its superior sea views. Goldin Financial Holdings won the tender for the second\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":118020,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/national-security-law-prompts-more-mainland-firms-to-bid-for-hong-kong-land-as-china-vanke-unit-wins-residential-plot-in-tai-po\/","url_meta":{"origin":170536,"position":4},"title":"National security law prompts more mainland firms to bid for Hong Kong land as China Vanke unit wins residential plot in Tai Po","date":"July 30, 2020","format":false,"excerpt":"\r Mainland Chinese developers, emboldened by the new security law, will become more active buyers of Hong Kong land as local firms back off amid political turmoil and recession, surveyors predict.The forecast came as a mainland-based consortium won a parcel of land in Tai Po earmarked for over 1,000 \u201cmid-to-low\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":138139,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-property-plot-of-land-for-flats-in-kennedy-town-fetches-just-6-bids-as-high-interest-rates-market-gloom-deter-developers\/","url_meta":{"origin":170536,"position":5},"title":"Hong Kong property: plot of land for flats in Kennedy Town fetches just 6 bids as high interest rates, market gloom deter developers","date":"June 30, 2023","format":false,"excerpt":"\r The first government land tender of this financial year ended up attracting far fewer bids than expected as the prospect of further interest rate hikes and new housing supply dimmed the outlook for Hong Kong\u2019s property market.\r \r Source : South China Morning Post\r Read more...Hong Kong property: plot\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\/170536"}],"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=170536"}],"version-history":[{"count":1,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/170536\/revisions"}],"predecessor-version":[{"id":170537,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/170536\/revisions\/170537"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=170536"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=170536"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=170536"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}