{"id":45366,"date":"2017-02-24T17:00:45","date_gmt":"2017-02-24T10:00:45","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/mainland-developers-logan-kwg-win-residential-site-at-ap-lei-chau-for-higher-than-expected-hk16-86-bn\/"},"modified":"2017-02-24T17:11:22","modified_gmt":"2017-02-24T10:11:22","slug":"mainland-developers-logan-kwg-win-residential-site-at-ap-lei-chau-for-higher-than-expected-hk16-86-bn","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mainland-developers-logan-kwg-win-residential-site-at-ap-lei-chau-for-higher-than-expected-hk16-86-bn\/","title":{"rendered":"Mainland developers Logan, KWG win residential site at Ap Lei Chau for higher-than-expected HK$16.86 bn"},"content":{"rendered":"


\nMainland developers Logan Property Holdings and KWG Property Holding have joined forces to win a residential site in Ap Lei Chau, an island just off Hong Kong, after paying a higher-than-expected HK$16.86 billion (US$2.17 billion).
\nThe Lands Department said on February 24 that the 126,500 square foot site was awarded to Unicorn Bay (Hong Kong) Investments, a joint venture owned by Shenzhen-based Logan and Guangzhou-based KWG.
\nThe price tag is almost 50 per cent higher than the top-end forecast…
\n
\nSource : South China Morning Post
\nRead more…Mainland developers Logan, KWG win residential site at Ap Lei Chau for higher-than-expected HK.86 bn<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Mainland developers Logan Property Holdings and KWG Property Holding have joined forces to win a...<\/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-45366","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-bNI","jetpack-related-posts":[{"id":146733,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-developers-logan-and-kwg-use-hong-kong-project-to-refinance-us1-billion-loan\/","url_meta":{"origin":45366,"position":0},"title":"Chinese developers Logan and KWG use Hong Kong project to refinance US$1 billion loan","date":"August 12, 2024","format":false,"excerpt":"\r Logan Group and KWG Group Holdings signed a US$1.05 billion refinancing deal arranged by JPMorgan to roll over a loan due on August 25, sources said.\r \r Source : South China Morning Post\r Read more...Chinese developers Logan and KWG use Hong Kong project to refinance US billion loan","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":44456,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hk-governments-ap-lei-chau-residential-site-tender-gets-bids-from-14-developers\/","url_meta":{"origin":45366,"position":1},"title":"HK government\u2019s Ap Lei Chau residential site tender gets bids from 14 developers","date":"February 17, 2017","format":false,"excerpt":"\r The Hong Kong government\u2019s tender of a residential site in Ap Lei Chau on Hong Kong island has attracted good response, with 14 bids received from local and mainland developers The waterfront site, which could yield a total gross floor area of 762,091 square feet, can accommodate 1,400 units\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":5400,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-developer-kwg-to-seek-projects-through-mergers-and-acquisitions\/","url_meta":{"origin":45366,"position":2},"title":"Chinese developer KWG to seek projects through mergers and acquisitions","date":"February 22, 2016","format":false,"excerpt":"\r Hong Kong-listed mainland developer KWG Property says it will seek projects through mergers and acquisitions rather than bidding for land after seeing an increasing number of small developers face financial strain.\r \r Source : South China Morning Post\r Read more...Chinese developer KWG to seek projects through mergers and acquisitions","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":71883,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/waterfront-residential-site-in-cheung-sha-wan-sells-for-record-hk17-28-billion\/","url_meta":{"origin":45366,"position":3},"title":"Waterfront residential site in Cheung Sha Wan sells for record HK$17.28 billion","date":"November 15, 2017","format":false,"excerpt":"\r A waterfront residential site in Cheung Sha Wan was sold to a consortium of five companies from Hong Kong and the mainland for HK$17.28 billion (US$2.21 billion) on Wednesday, making it the city\u2019s most expensive plot. The transaction broke the previous record for a government land sale set in\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":118663,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-homebuyers-give-midweek-property-sales-a-miss-amid-unemployment-economic-worries\/","url_meta":{"origin":45366,"position":4},"title":"Hong Kong homebuyers give midweek property sales a miss amid unemployment, economic worries","date":"September 17, 2020","format":false,"excerpt":"\r Hong Kong\u2019s avid homebuyers stayed on the sidelines for the first big sale of flats on Thursday after the government relaxed social distancing measures, reluctant to spend on big ticket items as the economy shows no signs of emerging from a recession that has stretched into four quarters.As of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":111893,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-hong-kong-property-projects-fail-to-dazzle-as-buyers-turn-to-secondary-market-amid-downbeat-sentiment\/","url_meta":{"origin":45366,"position":5},"title":"New Hong Kong property projects fail to dazzle as buyers turn to secondary market amid downbeat sentiment","date":"October 25, 2019","format":false,"excerpt":"\r New property projects launched on Friday failed to take off, as a relaxation of mortgage restrictions diverts homebuyers to Hong Kong\u2019s secondary property market.In a dismal showing, by 6.45pm CK Asset Holdings had sold 65 out of 149 units on offer at its Seaside Sonata development in the protest-hit\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\/45366"}],"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=45366"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/45366\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=45366"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=45366"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=45366"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}