{"id":172700,"date":"2026-10-06T20:13:03","date_gmt":"2026-10-06T13:13:03","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-land-sale-stuns-market-as-hk4-3b-bid-hits-5-year-kowloon-high\/"},"modified":"2026-10-06T20:18:41","modified_gmt":"2026-10-06T13:18:41","slug":"hong-kong-land-sale-stuns-market-as-hk4-3b-bid-hits-5-year-kowloon-high","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-land-sale-stuns-market-as-hk4-3b-bid-hits-5-year-kowloon-high\/","title":{"rendered":"Hong Kong land sale stuns market as HK$4.3b bid hits 5-year Kowloon high"},"content":{"rendered":"<p>&#013;<br \/>\nKerry Properties has won a land plot in Ho Man Tin for HK$4.31 billion (US$549 million), the highest price paid for a residential site in Kowloon in nearly five years, as developers show confidence in demand for luxury homes.<br \/>\nThe site on Fat Kwong Street sold at HK$20,738 per square foot of gross floor area, the highest land premium for a residential site in recent years, according to Vincent Cheung, managing director of valuation firm Vincorn Consulting and Appraisal.<br \/>\nThe last time a Kowloon&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/business\/article\/3369948\/hong-kong-land-sale-stuns-market-hk43b-bid-hits-5-year-kowloon-high?utm_source=rss_feed\" target=\"_blank\" rel=\"noopener\">Hong Kong land sale stuns market as HK.3b bid hits 5-year Kowloon high<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Kerry Properties has won a land plot in Ho Man Tin for HK$4.31 billion (US$549&#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-172700","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-IVu","jetpack-related-posts":[{"id":87401,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sino-land-csi-join-forces-to-win-yau-tong-land-site-adding-even-more-appeal-to-former-kowloon-industrial-area\/","url_meta":{"origin":172700,"position":0},"title":"Sino Land, CSI join forces to win Yau Tong land site, adding even more appeal to former Kowloon industrial area","date":"May 8, 2018","format":false,"excerpt":"\r Hong Kong developers Sino Land and CSI Properties are teaming up to develop a 43,400 square foot MTR site in southeast Kowloon\u2019s Yau Tong \u2013 a traditional industrial area where analysts see huge potential for future residential development.\u00a0 The winning bid was not disclosed, but the land premium paid\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":110771,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-government-to-sell-off-site-on-top-of-west-kowloon-station-expected-to-fetch-record-us11-5-billion\/","url_meta":{"origin":172700,"position":1},"title":"Hong Kong government to sell off site on top of West Kowloon station expected to fetch record US$11.5 billion","date":"September 14, 2019","format":false,"excerpt":"\r The Hong Kong government is putting up for tender the biggest and most expensive plot of land it has ever sold, shrugging off concerns about the effects of unprecedented civil unrest on market sentiment.\r\rThe six-hectare commercial site directly on top of the West Kowloon high-speed rail terminus is expected\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":169073,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-sino-land-and-great-eagle-secure-kowloon-site-for-us206-million\/","url_meta":{"origin":172700,"position":2},"title":"Hong Kong\u2019s Sino Land and Great Eagle secure Kowloon site for US$206 million","date":"January 7, 2026","format":false,"excerpt":"\r A joint venture between Sino Land and Great Eagle Holdings has won a government residential site tender in Kowloon for HK$1.61 billion (US$206 million), outbidding major Hong Kong developers as the city\u2019s housing market shows signs of stabilising. The purchase of the 41,226 sq ft site, which could yield\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":170512,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/kowloon-east-site-attracts-nine-bids-as-hong-kong-housing-outlook-brightens\/","url_meta":{"origin":172700,"position":3},"title":"Kowloon East site attracts nine bids as Hong Kong housing outlook brightens","date":"February 6, 2026","format":false,"excerpt":"\r Hong Kong\u2019s tender for a 3,132 square metre (33,712 sq ft) residential plot in Ngau Tau Kok, Kowloon East, has drawn nine bids, according to the Development Bureau. The site was estimated to be worth as much as HK$1.55 billion (US$198 million), according to real estate services provider CBRE.\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":27889,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/luxury-residential-site-in-kowloon-tongs-beacon-hill-attracts-strong-interest-from-developers\/","url_meta":{"origin":172700,"position":4},"title":"Luxury residential site in Kowloon Tong\u2019s Beacon Hill attracts strong interest from developers","date":"September 30, 2016","format":false,"excerpt":"\r A large luxury residential site at Beacon Hill in Kowloon Tong, a traditional prestigious address in Hong Kong, has drawn at least 10 bids, which could fetch as much as HK$7.5 billion. The government tender closed at Friday noon. The site attracted developers such as Cheung Kong Property, the\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":76856,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/wharf-wins-luxury-residential-site-in-kowloon-tong-for-record-price\/","url_meta":{"origin":172700,"position":5},"title":"Wharf wins luxury residential site in Kowloon Tong for record price","date":"January 16, 2018","format":false,"excerpt":"\r The Wharf (Holdings) outbid nine developers to win a residential site designated for luxury development in Kowloon Tong for HK$28,530 (US$3,646.13) per square foot, a new record for Kowloon. The Lands Department awarded the parcel of land to the highest bidder, Alpha Pioneer, a wholly owned subsidiary of Wharf,\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\/172700"}],"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=172700"}],"version-history":[{"count":1,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/172700\/revisions"}],"predecessor-version":[{"id":172701,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/172700\/revisions\/172701"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=172700"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=172700"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=172700"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}