{"id":43081,"date":"2017-02-06T21:40:28","date_gmt":"2017-02-06T14:40:28","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/henderson-land-to-sell-kwun-tong-hotel-for-hk2-3bn\/"},"modified":"2017-02-06T21:41:37","modified_gmt":"2017-02-06T14:41:37","slug":"henderson-land-to-sell-kwun-tong-hotel-for-hk2-3bn","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/henderson-land-to-sell-kwun-tong-hotel-for-hk2-3bn\/","title":{"rendered":"Henderson Land to sell Kwun Tong hotel for HK$2.3bn"},"content":{"rendered":"


\nHenderson Land Development has agreed to sell a hotel in Kwun Tong for HK$2.3 billion, according to sources with knowledge of the transaction.
\nNewton Place Hotel, which has 598 guest rooms, began business in July 2007 and is one of four Newton hotels owned by Henderson. The deal translates to about HK$3.8 million per room. Henderson was unavailable for comment.
\nThe deal is in line with Henderson\u2019s strategy to dispose of non core properties and cash in for new acquisitions.
\nIn September…
\n
\nSource : South China Morning Post
\nRead more…Henderson Land to sell Kwun Tong hotel for HK.3bn<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Henderson Land Development has agreed to sell a hotel in Kwun Tong for HK$2.3 billion,...<\/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-43081","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-bcR","jetpack-related-posts":[{"id":58686,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/retail-shop-in-kwun-tong-sold-for-hk30m\/","url_meta":{"origin":43081,"position":0},"title":"Retail shop in Kwun Tong sold for HK$30m","date":"June 22, 2017","format":false,"excerpt":"\r A 301 square foot retail shop in Kwun Tong sold for HK$100,000 per sq ft, nearly double the price of retail spaces in the city\u2019s busiest shopping districts, according to a release on Thursday. A wholly-owned subsidiary of Hong Kong-listed Telecom Digital Holdings, which sells mobile phones, paid HK$30\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":120248,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sino-land-sells-less-than-half-the-flats-at-grand-central-in-kwun-tong-after-developer-rushes-through-sales\/","url_meta":{"origin":43081,"position":1},"title":"Sino Land sells less than half the flats at Grand Central in Kwun Tong after developer rushes through sales","date":"February 9, 2021","format":false,"excerpt":"\r Sino Land\u2019s latest batch of flats at its Kwun Tong project received a tepid response, after the developer rushed through the weekday sales ahead of the Lunar New Year holiday, pricing it 30 per cent higher than its launch in 2018.Homebuyers bought \ufeff57 out of 132 flats in phase\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":135975,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-pension-regulator-mpfa-moving-to-a-smaller-office-at-the-millennity-in-kwun-tong\/","url_meta":{"origin":43081,"position":2},"title":"Hong Kong pension regulator MPFA moving to a smaller office at The Millennity in Kwun Tong","date":"April 18, 2023","format":false,"excerpt":"\r The Mandatory Provident Fund Schemes Authority and the eMPF will be moving to a single office in The Millennity in Kwun Tong. The downsizing will save the regulator HK$14 million (US$1.8 million) a year in rent.\r \r Source : South China Morning Post\r Read more...Hong Kong pension regulator MPFA\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":44466,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/henderson-land-to-sell-newton-inn-to-shun-ho-for-hk1-billion\/","url_meta":{"origin":43081,"position":3},"title":"Henderson Land to sell Newton Inn to Shun Ho for HK$1 billion","date":"February 17, 2017","format":false,"excerpt":"\r Henderson Land Development Company and Shun Ho Property have reached a conditional share sale agreement worth HK$1 billion, the former said in a filing to the Hong Kong stock exchange on Friday evening. The purchaser, Shun Ho Property, has conditionally agreed to purchase the shares, representing the entire issued\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":102658,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-leading-property-broker-centaline-cries-foul-as-sino-land-sets-below-market-commission-rate\/","url_meta":{"origin":43081,"position":4},"title":"Hong Kong\u2019s leading property broker Centaline cries foul as Sino Land sets below market commission rate","date":"January 3, 2019","format":false,"excerpt":"\r The ties between Hong Kong\u2019s property developers and sales agents are fraying, as declining prices in a cooling market crimps profit margins, causing the two former partners to turn against each other. On December 29, Sino Land said it would pay just 1.7 per cent in commission fees for\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":172604,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/once-the-worlds-most-visited-city-hong-kong-now-converts-hotels-into-student-dorms\/","url_meta":{"origin":43081,"position":5},"title":"Once the world\u2019s most-visited city, Hong Kong now converts hotels into student dorms","date":"September 21, 2026","format":false,"excerpt":"\r Late last month, an open tender for Hotel Cozi Harbour View in Kwun Tong was announced, with interested parties given until October 15 to submit bids. The 598-room hotel, located in Hong Kong\u2019s eastern Kowloon Peninsula, a former industrial area, was taken over by Nanyang Commercial Bank for HK$1.87\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\/43081"}],"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=43081"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/43081\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=43081"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=43081"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=43081"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}