{"id":57738,"date":"2017-06-13T18:22:07","date_gmt":"2017-06-13T11:22:07","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/henderson-land-buys-53-year-old-kowloon-residential-block-for-us216m\/"},"modified":"2017-06-13T18:31:43","modified_gmt":"2017-06-13T11:31:43","slug":"henderson-land-buys-53-year-old-kowloon-residential-block-for-us216m","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/henderson-land-buys-53-year-old-kowloon-residential-block-for-us216m\/","title":{"rendered":"Henderson Land buys 53-year-old Kowloon residential block for US$216m"},"content":{"rendered":"<p>&#013;<br \/>\nHenderson Land Development, chaired by property tycoon Lee Shau-kee, has paid the reserve price of HK$1.689 billion (US$216.56 million) for a 53-year-old residential block in Tai Kok Tsui, an area west of Mong Kok in Kowloon, which it aims to redevelop.<br \/>\nWith government land sales remaining scarce, the Hoi Hing Building was bought under Hong Kong\u2019s \u201cLand Compulsory Sales for Redevelopment Ordinance\u201d, under which developers are able to force a compulsory auction to buy the&#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\/2098160\/henderson-land-buys-53-year-old-kowloon-residential-block\" target=\"_blank\">Henderson Land buys 53-year-old Kowloon residential block for US6m<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Henderson Land Development, chaired by property tycoon Lee Shau-kee, has paid the reserve price of&#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-57738","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-f1g","jetpack-related-posts":[{"id":170512,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/kowloon-east-site-attracts-nine-bids-as-hong-kong-housing-outlook-brightens\/","url_meta":{"origin":57738,"position":0},"title":"Kowloon East site attracts nine bids as Hong Kong housing outlook brightens","date":"February 6, 2026","format":false,"excerpt":"\r Hong Kong\u2019s tender for a 3,132 square metre (33,712 sq ft) residential plot in Ngau Tau Kok, Kowloon East, has drawn nine bids, according to the Development Bureau. The site was estimated to be worth as much as HK$1.55 billion (US$198 million), according to real estate services provider CBRE.\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":27889,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/luxury-residential-site-in-kowloon-tongs-beacon-hill-attracts-strong-interest-from-developers\/","url_meta":{"origin":57738,"position":1},"title":"Luxury residential site in Kowloon Tong\u2019s Beacon Hill attracts strong interest from developers","date":"September 30, 2016","format":false,"excerpt":"\r A large luxury residential site at Beacon Hill in Kowloon Tong, a traditional prestigious address in Hong Kong, has drawn at least 10 bids, which could fetch as much as HK$7.5 billion. The government tender closed at Friday noon. The site attracted developers such as Cheung Kong Property, the\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":33858,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/bids-flood-in-for-east-kowloon-site-as-developers-shrug-off-cooling-measures\/","url_meta":{"origin":57738,"position":2},"title":"Bids flood in for East Kowloon site as developers shrug off cooling measures","date":"November 11, 2016","format":false,"excerpt":"\r At least 11 developers on Friday submitted bids for a residential site in eastern Kowloon, suggesting that the stamp duty introduced last week as the latest property market-cooling measure has not dampened their appetite for land. Hong Kong developers Henderson Land Development, Sino Land and Sun Hung Kai Properties\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":172700,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-land-sale-stuns-market-as-hk4-3b-bid-hits-5-year-kowloon-high\/","url_meta":{"origin":57738,"position":3},"title":"Hong Kong land sale stuns market as HK$4.3b bid hits 5-year Kowloon high","date":"October 6, 2026","format":false,"excerpt":"\r Kerry Properties has won a land plot in Ho Man Tin for HK$4.31 billion (US$549 million), the highest price paid for a residential site in Kowloon in nearly five years, as developers show confidence in demand for luxury homes. The site on Fat Kwong Street sold at HK$20,738 per\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":76856,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/wharf-wins-luxury-residential-site-in-kowloon-tong-for-record-price\/","url_meta":{"origin":57738,"position":4},"title":"Wharf wins luxury residential site in Kowloon Tong for record price","date":"January 16, 2018","format":false,"excerpt":"\r The Wharf (Holdings) outbid nine developers to win a residential site designated for luxury development in Kowloon Tong for HK$28,530 (US$3,646.13) per square foot, a new record for Kowloon. The Lands Department awarded the parcel of land to the highest bidder, Alpha Pioneer, a wholly owned subsidiary of Wharf,\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":169073,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-sino-land-and-great-eagle-secure-kowloon-site-for-us206-million\/","url_meta":{"origin":57738,"position":5},"title":"Hong Kong\u2019s Sino Land and Great Eagle secure Kowloon site for US$206 million","date":"January 7, 2026","format":false,"excerpt":"\r A joint venture between Sino Land and Great Eagle Holdings has won a government residential site tender in Kowloon for HK$1.61 billion (US$206 million), outbidding major Hong Kong developers as the city\u2019s housing market shows signs of stabilising. The purchase of the 41,226 sq ft site, which could yield\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\/57738"}],"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=57738"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/57738\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=57738"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=57738"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=57738"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}