{"id":43635,"date":"2017-02-10T20:50:44","date_gmt":"2017-02-10T13:50:44","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/poly-property-group-fails-in-bid-to-acquire-third-kai-tak-site\/"},"modified":"2017-02-10T20:52:14","modified_gmt":"2017-02-10T13:52:14","slug":"poly-property-group-fails-in-bid-to-acquire-third-kai-tak-site","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/poly-property-group-fails-in-bid-to-acquire-third-kai-tak-site\/","title":{"rendered":"Poly Property Group fails in bid to acquire third Kai Tak site"},"content":{"rendered":"


\nPoly Property Group, the Hong Kong listed arm of state-owned China Poly Group, failed to secure a third plot of land in the city after it was outbid by rivals in the bidding for four residential sites at Kai Tak offered by government tender.
\nThe group\u2019s failure could be attributed to its overtly cautious stance, especially at a time when land prices have been surging in the city. Poly was outbid by Chinese conglomerate HNA Group which won the Kai Tak Area 1L Site 3 and Kai Tak Area 1L…
\n
\nSource : South China Morning Post
\nRead more…Poly Property Group fails in bid to acquire third Kai Tak site<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Poly Property Group, the Hong Kong listed arm of state-owned China Poly Group, failed to...<\/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-43635","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-blN","jetpack-related-posts":[{"id":48001,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/poly-property-group-to-launch-sales-drive-for-vibe-centro-in-kai-tak\/","url_meta":{"origin":43635,"position":0},"title":"Poly Property Group to launch sales drive for Vibe Centro in Kai Tak","date":"March 14, 2017","format":false,"excerpt":"\r Poly Property Group, the Hong Kong listed arm of state-owned China Poly Group, will be the latest developer to take advantage of strong buying interest to cash in on its new project in Kai Tak area. The developer will kick off the marketing push for its first residential project,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":48190,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/poly-to-offer-smallest-units-in-kai-tak-at-just-228-sq-ft\/","url_meta":{"origin":43635,"position":1},"title":"Poly to offer smallest units in Kai Tak, at just 228 sq ft","date":"March 15, 2017","format":false,"excerpt":"\r Poly Property Group, the Hong Kong-listed arm of state-owned China Poly Group, is set to offer the smallest flats in the fast-developing Kai Tak area, the site of the city\u2019s former airport. Sales of its residential development there, Vibe Centro, are expected to kick off as early as next\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":32715,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-property-experts-shocked-at-record-sale-result-for-kai-tak-area-site\/","url_meta":{"origin":43635,"position":2},"title":"Hong Kong property experts \u2018shocked\u2019 at record sale result for Kai Tak area site","date":"November 2, 2016","format":false,"excerpt":"\r A government land site in Kai Tak was tendered at HK$13,500 per square foot on Wednesday, raising HK$8.84 billion in total, and smashing a previous record for the area set two years earlier. The price far exceeded analysts\u2019 expectations, as it was more than double the HK$6,530 per sq\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":108470,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-developers-snap-up-discounted-kai-tak-land-as-hong-kongs-mood-for-property-sours-amid-protest-rallies-and-trade-war\/","url_meta":{"origin":43635,"position":3},"title":"Chinese developers snap up discounted Kai Tak land as Hong Kong\u2019s mood for property sours amid protest rallies and trade war","date":"June 26, 2019","format":false,"excerpt":"\r Two mainland Chinese developers bought a plot of residential land on the runway of Hong Kong\u2019s former Kai Tak airport, paying a lower-than-expected price for the oceanfront property as the city\u2019s biggest public protests in decades sapped appetite for investments amid a US-China trade war.China Resources Land and Poly\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":139162,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developer-sino-land-wins-kai-tak-land-tender-with-a-676-million-bid-a-nine-year-low-beating-a-crowded-field-of-rivals\/","url_meta":{"origin":43635,"position":4},"title":"Hong Kong developer Sino Land wins Kai Tak land tender with a $676 million bid, a nine year-low, beating a crowded field of rivals","date":"September 13, 2023","format":false,"excerpt":"\r Sino Land outbid its rivals with a winning price of HK$5.3 billion for a plot of land in Hong Kong\u2019s Kai Tak neighbourhood, which some analysts said was conservative given the stagnating economic environment.\r \r Source : South China Morning Post\r Read more...Hong Kong developer Sino Land wins Kai\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":41258,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/kai-tak-residential-site-area-1l-site-1-attracts-at-least-16-bids-from-developers\/","url_meta":{"origin":43635,"position":5},"title":"Kai Tak residential site \u2018Area 1L Site 1\u2019 attracts at least 16 bids from developers","date":"January 20, 2017","format":false,"excerpt":"\r At least 16 developers have submitted bids for the government tender of a residential plot in Kai Tak area before the deadline closed on Friday, Surveyors are projecting the site, known as Kai Tak Area 1L Site 1, could be worth HK$4.6 billion to HK$5 billion, or HK$10,000 to\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\/43635"}],"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=43635"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/43635\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=43635"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=43635"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=43635"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}