{"id":36132,"date":"2016-11-27T13:04:48","date_gmt":"2016-11-27T06:04:48","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/former-hong-kong-airport-likely-to-become-target-for-developers-eyeing-key-source-of-land\/"},"modified":"2016-11-27T14:16:29","modified_gmt":"2016-11-27T07:16:29","slug":"former-hong-kong-airport-likely-to-become-target-for-developers-eyeing-key-source-of-land","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/former-hong-kong-airport-likely-to-become-target-for-developers-eyeing-key-source-of-land\/","title":{"rendered":"Former Hong Kong airport likely to become target for developers eyeing key source of land"},"content":{"rendered":"<p>&#013;<br \/>\nThe former Kowloon home of Hong Kong\u2019s airport, Kai Tak, which is a core part of the city\u2019s next central business district (CBD), will become an acquisition target as developers bet on corporates moving from Central as rents soar, according to industry experts.<br \/>\nVictor Lai Kin-fai, the chief executive of consultancy Centaline Professionals, said the Kai Tak new development area would overtake Tseung Kwan O \u2013 which is about 10km further east \u2013 as the biggest source of new&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"http:\/\/www.scmp.com\/property\/hong-kong-china\/article\/2049362\/former-hong-kong-airport-likely-become-target-developers\" target=\"_blank\">Former Hong Kong airport likely to become target for developers eyeing key source of land<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; The former Kowloon home of Hong Kong\u2019s airport, Kai Tak, which is a core part&#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-36132","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\/p75ss1-9oM","jetpack-related-posts":[{"id":116311,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-withdraws-land-sale-at-kai-tak-airport-site-after-tepid-bids-by-developers-amid-citys-economic-contraction\/","url_meta":{"origin":36132,"position":0},"title":"Hong Kong withdraws land sale at Kai Tak Airport site after tepid bids by developers amid city\u2019s economic contraction","date":"May 13, 2020","format":false,"excerpt":"\r Hong Kong\u2019s government has withdrawn a land sale at the city\u2019s former Kai Tak Airport site after a tepid response from bidders, as the city\u2019s worst economic contraction in decades amid the coronavirus pandemic deterred developers from long-term investments.A plot at the former Kai Tak Airport site, which can\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":38282,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/still-keen-kai-tak-site-draws-18-bids-as-hong-kong-developers-maintain-interest-for-land\/","url_meta":{"origin":36132,"position":1},"title":"Still keen: Kai Tak site draws 18 bids as Hong Kong developers maintain interest for land","date":"December 16, 2016","format":false,"excerpt":"\r Property developers submitted at least 18 bids for a parcel of land at Hong Kong\u2019s former Kai Tak airport, a day after the long-awaited interest rate increase by the US Federal and Hong Kong Monetary Authority. The parcel, adjacent to a Kai Tak site that sold for a record\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":100997,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-builders-pay-us1-billion-for-first-plot-on-runway-of-old-kai-tak-airport\/","url_meta":{"origin":36132,"position":2},"title":"Hong Kong builders pay US$1 billion for first plot on runway of old Kai Tak airport","date":"November 7, 2018","format":false,"excerpt":"\r What a difference six months makes. A plot of prime waterfront land in Hong Kong has sold at a price that is 18 per cent lower than a comparable tender in the same area. A consortium of four major local developers won the auction for the first residential site\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":109157,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-land-sale-at-former-kowloon-airport-receives-muted-response-from-developers\/","url_meta":{"origin":36132,"position":3},"title":"Hong Kong land sale at former Kowloon airport receives muted  response from developers","date":"July 19, 2019","format":false,"excerpt":"\r The largest residential site at Hong Kong\u2019s former Kai Tak airport received fewer than expected bids when a government tender closed at noon on Friday, as property developers take a more cautions stance on the local property market following recent downgrades to the city\u2019s economic outlook.The plot designated Area\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":41650,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-kai-tak-area-to-see-bidding-war-among-developers\/","url_meta":{"origin":36132,"position":4},"title":"Hong Kong\u2019s Kai Tak area to see bidding war among developers","date":"January 24, 2017","format":false,"excerpt":"\r The Hong Kong government\u2019s plan to add 16,000 residential units and 4.3 million sq ft of commercial space in the Kai Tak area - which will be within a 30 minute train ride to Admiralty by 2021 \u2013 is likely to stir up a fierce bidding war for land\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":87753,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/kai-tak-plot-could-fetch-us3-25-billion-smashing-records-for-hong-kong-land-sales\/","url_meta":{"origin":36132,"position":5},"title":"Kai Tak plot could fetch US$3.25 billion, smashing records for Hong Kong land sales","date":"May 11, 2018","format":false,"excerpt":"\r Developers bidding for what could become the most expensive plot of residential land in Hong Kong\u2019s history are forming consortiums in what analysts say may be an attempt to spread the financial risk. At least five bids had been submitted for the parcel on the site of Hong Kong\u2019s\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\/36132"}],"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=36132"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/36132\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=36132"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=36132"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=36132"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}