{"id":40211,"date":"2017-01-10T20:21:40","date_gmt":"2017-01-10T13:21:40","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/land-sale-in-hong-kongs-trendy-soho-district-draws-developers-in-record-numbers\/"},"modified":"2017-01-10T20:30:38","modified_gmt":"2017-01-10T13:30:38","slug":"land-sale-in-hong-kongs-trendy-soho-district-draws-developers-in-record-numbers","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/land-sale-in-hong-kongs-trendy-soho-district-draws-developers-in-record-numbers\/","title":{"rendered":"Land sale in Hong Kong\u2019s trendy Soho district draws developers in record numbers"},"content":{"rendered":"


\nForty-three developers expressed an interest in the Urban Renewal Authority\u2019s commercial and residential project near Hong Kong\u2019s Soho district on Tuesday, a new record in terms of initial responses for tender.
\nThe 9,580 square-foot plot, on Peel Street, is expected to fetch between HK$1.3 billion and HK$1.5 billion, or HK$13,000 per square foot to HK$15,000 per sq ft.
\n\u201cIt is the strongest outcome ever generated for a land sale through tender,\u201d said Alvin Lam, a director…
\n
\nSource : South China Morning Post
\nRead more…Land sale in Hong Kong\u2019s trendy Soho district draws developers in record numbers<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Forty-three developers expressed an interest in the Urban Renewal Authority\u2019s commercial and residential project near...<\/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-40211","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-asz","jetpack-related-posts":[{"id":75159,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-nano-land-site-in-the-new-territories-draws-interest-from-small-developers\/","url_meta":{"origin":40211,"position":0},"title":"Hong Kong\u2019s nano land site in the New Territories draws interest from small developers","date":"December 22, 2017","format":false,"excerpt":"\r A residential site in Hong Kong\u2019s New Territories, which is equivalent to half the size of a basketball court and the smallest plot offered by a government tender in a decade, has drawn strong response. The Lands Department said it had received 19 bidders for the lot after the\u2026","rel":"","context":"In "Property News"","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":40211,"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 "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":119600,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/wharf-development-pays-us1-5-billion-for-peak-plot-sets-record-for-most-expensive-residential-site-sold-by-government-tender\/","url_meta":{"origin":40211,"position":2},"title":"Wharf Development pays US$1.5 billion for Peak plot, sets record for most expensive residential site sold by government tender","date":"December 23, 2020","format":false,"excerpt":"\r Wharf Development has agreed to pay a higher-than-expected HK$12 billion (US$1.5 billion) to become the owner of the first residential land parcel to be sold since 2010 in Hong Kong\u2019s most exclusive housing enclave.At HK$46,272 per square foot, the sale has also set a record for Hong Kong\u2019s most\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":109872,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/higher-deposit-for-land-sales-will-add-pressure-on-small-firms-tightening-the-big-developers-grip-on-hong-kongs-land-supply\/","url_meta":{"origin":40211,"position":3},"title":"Higher deposit for land sales will add pressure on small firms, tightening the big developers\u2019 grip on Hong Kong\u2019s land supply","date":"August 14, 2019","format":false,"excerpt":"\r The recent move by Hong Kong\u2019s government to double the deposit for land tender sales, raised to deter defaults, will add to the financing pressure on small developers and put them at a disadvantage when they buy land in the world\u2019s most expensive property market, analysts said.A HK$50 million\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":106819,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/developers-rush-to-bid-for-kai-taks-latest-residential-land-plot-as-bull-market-returns-to-hong-kongs-real-estate\/","url_meta":{"origin":40211,"position":4},"title":"Developers rush to bid for Kai Tak\u2019s latest residential land plot as bull market returns to Hong Kong\u2019s real estate","date":"May 3, 2019","format":false,"excerpt":"\r Developers submitted seven bids for the third-largest residential plot at Hong Kong's former Kai Tak airport, as April sales data showed home transactions jumping by 52.8 per cent from March, in a clear sign of the bull market\u2019s return to the world's most expensive city.Kai Tak\u2019s Area 4C Site\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":39195,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-developers-hong-kong-government-says-xie-xie\/","url_meta":{"origin":40211,"position":5},"title":"Chinese developers, Hong Kong government says xie xie","date":"December 29, 2016","format":false,"excerpt":"\r Hong Kong\u2019s government revenue from land sales rose to a record HK$71.88 billion in the first nine months of the 2016 fiscal year ending March 31, as HNA Group led mainland Chinese developers in their buying spree in the city. With the final HK$5.868 billion from a sale at\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\/40211"}],"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=40211"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/40211\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=40211"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=40211"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=40211"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}