{"id":35660,"date":"2016-11-24T18:37:48","date_gmt":"2016-11-24T11:37:48","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/government-offers-lower-than-expected-land-premium-on-ho-man-tin-station-development-site\/"},"modified":"2016-11-24T18:47:41","modified_gmt":"2016-11-24T11:47:41","slug":"government-offers-lower-than-expected-land-premium-on-ho-man-tin-station-development-site","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/government-offers-lower-than-expected-land-premium-on-ho-man-tin-station-development-site\/","title":{"rendered":"Government offers lower-than-expected land premium on Ho Man Tin Station development site"},"content":{"rendered":"


\nThe government is offering a lower-than-expected land premium, or levy, on a luxury residential site being offered for sale above Ho Man Tin Station, in a bid to drum up interest among land-hungry developers.
\nThe premium for the \u201cpackage one\u201d development is likely to be HK$6.28 billion, or HK$8,459 per square foot, according to a source, who has read the tender document.
\nMTR Corp offered the project for tender on Thursday, and the levy is 29-43 per cent lower than market…
\n
\nSource : South China Morning Post
\nRead more…Government offers lower-than-expected land premium on Ho Man Tin Station development site<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The government is offering a lower-than-expected land premium, or levy, on a luxury residential site...<\/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-35660","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\/p75ss1-9ha","jetpack-related-posts":[{"id":38743,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/ho-man-tin-station-development-draws-at-least-six-bids-with-low-land-premium\/","url_meta":{"origin":35660,"position":0},"title":"Ho Man Tin Station development draws at least six bids with low land premium","date":"December 21, 2016","format":false,"excerpt":"\r At least six developers have submitted bids for the tender of a luxury residential project above Ho Man Tin MTR Station after the government offered a lower than expected land premium to drum up interest. The project drew interest from developers including Sun Hung Kai Properties, Cheung Kong Property,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":38885,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/goldin-financial-consortium-wins-rights-to-ho-man-tin-mtr-station-residential-property-development\/","url_meta":{"origin":35660,"position":1},"title":"Goldin Financial consortium wins rights to Ho Man Tin MTR station residential property development","date":"December 22, 2016","format":false,"excerpt":"\r A consortium led by Goldin Financial Holdings,which has interests in property, finance and a French winery, won the development rights for a luxury residential project at the Ho Man Tin MTR station which could involve an estimated HK$10 billion in investment cost. MTR Corp said on Thursday that Gold\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":26989,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/latest-tiny-flat-project-in-ho-man-tin-offers-181-sq-ft-unit-for-hk3-74-million\/","url_meta":{"origin":35660,"position":2},"title":"Latest tiny flat project in Ho Man Tin offers 181 sq ft unit for HK$3.74 million","date":"September 23, 2016","format":false,"excerpt":"\r A day after the US Federal Reserve decided not to increase interest rates, Henderson Land Development released a tiny flat development in Ho Man Tin with the cheapest unit going for HK$3.74 million, the lowest lump sum amount in the area. The developer announced prices of ranging from HK$19,354\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":34612,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/wheelock-sends-upbeat-signal-on-urban-land-values-paying-hk6-4b-at-auction-for-a-site-near-lam-tin-mtr\/","url_meta":{"origin":35660,"position":3},"title":"Wheelock sends upbeat signal on urban land values, paying HK$6.4b at auction for a site near Lam Tin MTR","date":"November 16, 2016","format":false,"excerpt":"\r Wheelock Properties has won the first residential site offered for sale by the government since the introduction of a new stamp duty, paying a higher-than-expected HK$6.388 billion. The wholly-owned property unit of Hong Kong-listed Wheelock & Co on Wednesday said they won the tender for the site on Sin\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":172682,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/developers-vie-to-land-plum-hk2-billion-residential-site-in-ho-man-tin\/","url_meta":{"origin":35660,"position":4},"title":"Developers vie to land plum HK$2 billion residential site in Ho Man Tin","date":"October 2, 2026","format":false,"excerpt":"\r The sole residential site included in the Hong Kong government\u2019s latest land sale programme has attracted interest from a host of major developers, with 10 tenders being submitted before a noon deadline on Friday. Chinachem Group, Wheelock Properties, Kerry Properties and Sun Hung Kai Properties all confirmed to the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":100360,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/surveyors-cut-ho-man-tin-land-valuation-by-10-per-cent-in-another-sign-of-hong-kongs-softening-home-prices\/","url_meta":{"origin":35660,"position":5},"title":"Surveyors cut Ho Man Tin land valuation by 10 per cent in another sign of Hong Kong\u2019s softening home prices","date":"October 22, 2018","format":false,"excerpt":"\r Surveyors have cut their valuations of a residential land parcel for sale in one of Hong Kong\u2019s upmarket suburbs, another sign of softening property prices in the world\u2019s most expensive home market. The site next to the Ho Man Tin subway station - with a gross floor area of\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\/35660"}],"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=35660"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/35660\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=35660"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=35660"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=35660"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}