{"id":27399,"date":"2016-09-27T13:30:46","date_gmt":"2016-09-27T06:30:46","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/prime-site-in-kowloon-tongs-beacon-hill-expected-to-sell-for-more-than-hk7-billion\/"},"modified":"2016-09-27T13:38:50","modified_gmt":"2016-09-27T06:38:50","slug":"prime-site-in-kowloon-tongs-beacon-hill-expected-to-sell-for-more-than-hk7-billion","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/prime-site-in-kowloon-tongs-beacon-hill-expected-to-sell-for-more-than-hk7-billion\/","title":{"rendered":"Prime site in Kowloon Tong\u2019s Beacon Hill expected to sell for more than HK$7 billion"},"content":{"rendered":"


\nAggressive bidding from Hong Kong and mainland developers could push the price for a large luxury residential site at Beacon Hill in Kowloon Tong as high as HK$7.2 billion by the time the tenders close on Friday.
\nThe 235,182 square feet (sq ft) site on Lung Cheung Road is next to a plot sold to Kerry Properties in February for HK$2.38 billion, or HK$21,000 per square foot, a record for the area.
\nThomas Lam, head of valuation and consultancy at Knight Frank, has an estimate on the Beacon Hill…
\n
\nSource : South China Morning Post
\nRead more…Prime site in Kowloon Tong\u2019s Beacon Hill expected to sell for more than HK billion<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Aggressive bidding from Hong Kong and mainland developers could push the price for a large...<\/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-27399","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\/p75ss1-77V","jetpack-related-posts":[{"id":28701,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/kerry-properties-wins-kowloon-tong-government-site-for-hk7-268-billion\/","url_meta":{"origin":27399,"position":0},"title":"Kerry Properties wins Kowloon Tong government site for HK$7.268 billion","date":"October 5, 2016","format":false,"excerpt":"\r Kerry Properties has outbid ten other companies to win a luxury residential site at Kowloon Tong\u2019s Beacon Hill after paying HK$7.268 billion The price is at the upper end of market expectations that ranged from HK$6.2 billion to HK$7.5 billion. The Lands Department on Wednesday said the tender for\u2026","rel":"","context":"In "Property News"","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":27399,"position":1},"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 "Property News"","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":27399,"position":2},"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 "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":76412,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-kowloon-tong-residential-plot-could-fetch-hk10-billion-after-tender-draws-strong-response\/","url_meta":{"origin":27399,"position":3},"title":"New Kowloon Tong residential plot could fetch HK$10 billion after tender draws strong response","date":"January 12, 2018","format":false,"excerpt":"\r A residential site in Kowloon Tong that might become Kowloon\u2019s priciest piece of land per square foot drew a strong response from at least nine developers before a deadline for submitting bids closed at noon on Friday. The lot, at the junction of Lion Rock Tunnel Road and Lung\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":20144,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hk4-5-billion-for-a-kowloon-office-tower-the-buyer-of-hong-kongs-most-expensive-home-strikes-again\/","url_meta":{"origin":27399,"position":4},"title":"HK$4.5 billion for a Kowloon office tower? The buyer of Hong Kong\u2019s most expensive home strikes again","date":"July 18, 2016","format":false,"excerpt":"\r Cheung Kei Group, the mainland Chinese conglomerate which last month spent HK$2.1 billion on a house on the Peak, said on Monday it agreed to buy an office tower in Hong Kong\u2019s Kowloon district for HK$4.5 billion.\r \r Source : South China Morning Post\r Read more...HK.5 billion for a\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":172700,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-land-sale-stuns-market-as-hk4-3b-bid-hits-5-year-kowloon-high\/","url_meta":{"origin":27399,"position":5},"title":"Hong Kong land sale stuns market as HK$4.3b bid hits 5-year Kowloon high","date":"October 6, 2026","format":false,"excerpt":"\r Kerry 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. The site on Fat Kwong Street sold at HK$20,738 per\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\/27399"}],"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=27399"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/27399\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=27399"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=27399"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=27399"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}