{"id":172396,"date":"2026-08-19T06:00:07","date_gmt":"2026-08-18T23:00:07","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/after-years-macau-firm-opts-out-of-hong-kong-renewal-project-seeks-us153m-for-site\/"},"modified":"2026-08-19T06:43:31","modified_gmt":"2026-08-18T23:43:31","slug":"after-years-macau-firm-opts-out-of-hong-kong-renewal-project-seeks-us153m-for-site","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/after-years-macau-firm-opts-out-of-hong-kong-renewal-project-seeks-us153m-for-site\/","title":{"rendered":"After years, Macau firm opts out of Hong Kong renewal project, seeks US$153m for site"},"content":{"rendered":"


\nA North Point redevelopment site is being put on the market for HK$1.2 billion (US$153 million) after its owner, which spent years assembling the ageing property, warned that redeveloping it could result in losses of as much as 30 per cent.
\nThe sale offers a rare glimpse into the difficulties facing private developers in Hong Kong\u2019s urban-renewal drive, where lengthy acquisition periods, financing costs and uncertain returns can undermine projects even as the residential market recovers.
\nCushman…
\n
\nSource : South China Morning Post
\nRead more…After years, Macau firm opts out of Hong Kong renewal project, seeks US3m for site<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

A North Point redevelopment site is being put on the market for HK$1.2 billion (US$153...<\/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-172396","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-IQA","jetpack-related-posts":[{"id":140760,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-luxury-flat-on-the-block-at-a-discount-as-creditor-seeks-to-extract-dues-from-jailed-macau-junket-kings-former-lover\/","url_meta":{"origin":172396,"position":0},"title":"Hong Kong luxury flat on the block at a discount as creditor seeks to extract dues from jailed Macau \u2018junket king\u2019s\u2019 former lover","date":"December 20, 2023","format":false,"excerpt":"\r A luxury flat in Mid-Levels, seized from the former lover of Macau \u201cjunket king\u201d Alvin Chau Cheok-wa, has been put up for sale albeit at a significant discount to its peak price as creditors seek to extract their dues.\r \r Source : South China Morning Post\r Read more...Hong Kong\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":107065,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/zhuhais-proximity-to-hong-kong-and-macau-should-make-it-one-of-the-best-performing-property-markets-in-greater-bay-area\/","url_meta":{"origin":172396,"position":1},"title":"Zhuhai\u2019s proximity to Hong Kong and Macau should make it one of the best-performing property markets in Greater Bay Area","date":"May 12, 2019","format":false,"excerpt":"\r Zhuhai, one of the two destinations of the world\u2019s longest sea bridge from Hong Kong, has the biggest potential upside for homebuyers out of the nine mainland Chinese cities that form the Greater Bay Area, according to Hong Kong-based Real Estate Foresight.Although new home price growth in Zhuhai was\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":96047,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-macau-zhuhai-bridge-will-close-property-price-gap-between-cities-say-analysts\/","url_meta":{"origin":172396,"position":2},"title":"Hong Kong-Macau-Zhuhai bridge will close property price gap between cities, say analysts","date":"August 15, 2018","format":false,"excerpt":"\r The opening of the Hong Kong-Zhuhai-Macau bridge later this year could further narrow the gap between Hong Kong and Macau house prices, both of which recently rose to an all-time high, according to property experts. Raymond Kwok, associate director at Guo Du Real Estate, said that once vehicles start\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":64992,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/marks-spencer-in-talks-to-offload-hong-kong-and-macau-shops\/","url_meta":{"origin":172396,"position":3},"title":"Marks & Spencer in talks to offload Hong Kong and Macau shops","date":"August 30, 2017","format":false,"excerpt":"\r \r \r Source : telegraph.co.uk\r Read more...Marks & Spencer in talks to offload Hong Kong and Macau shops","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":6442,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/guangzhou-may-open-up-to-hong-kong-and-macau-homebuyers-to-help-to-clear-stock-of-unsold-flats\/","url_meta":{"origin":172396,"position":4},"title":"Guangzhou may open up to Hong Kong and Macau homebuyers to help to clear stock of unsold flats","date":"March 1, 2016","format":false,"excerpt":"\r Guangdong\u2019s provincial government says \u201celigible cities\u201d could lift home-purchase restrictions (HPR) for buyers from Hong Kong and Macau , hinting the relaxation will extend to Guangzhou, the provincial capital.\r \r Source : South China Morning Post\r Read more...Guangzhou may open up to Hong Kong and Macau homebuyers to help\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":116391,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-unveils-financial-plan-for-hong-kong-macau-to-spur-tighter-embrace-of-greater-bay-area-master-plan\/","url_meta":{"origin":172396,"position":5},"title":"China unveils financial plan for Hong Kong, Macau to spur tighter embrace of Greater Bay Area master plan","date":"May 15, 2020","format":false,"excerpt":"\r China\u2019s central bank and financial regulators unveiled a sweeping plan to spur cross-border financial services, transactions and investments between Hong Kong, Macau and nine Guangdong provincial cities to develop the so-called Greater Bay Area (GBA) into one of the world\u2019s largest economic regions.Under the plan, residents of Hong Kong\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\/172396"}],"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=172396"}],"version-history":[{"count":1,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/172396\/revisions"}],"predecessor-version":[{"id":172397,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/172396\/revisions\/172397"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=172396"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=172396"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=172396"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}