{"id":61788,"date":"2017-07-25T23:03:32","date_gmt":"2017-07-25T16:03:32","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/tycoon-to-return-hong-kongs-largest-quarry-site-to-government-for-building-10000-homes\/"},"modified":"2017-07-25T23:13:44","modified_gmt":"2017-07-25T16:13:44","slug":"tycoon-to-return-hong-kongs-largest-quarry-site-to-government-for-building-10000-homes","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/tycoon-to-return-hong-kongs-largest-quarry-site-to-government-for-building-10000-homes\/","title":{"rendered":"Tycoon to return Hong Kong\u2019s largest quarry site to government for building 10,000 homes"},"content":{"rendered":"<p>&#013;<br \/>\nTycoon Lui Che-woo, a pioneer in Hong Kong\u2019s quarrying industry who later built his wealth in the property and casino industries, will hand back to the government the city\u2019s largest quarry site to make way for development of nearly 10,000 new apartments.<br \/>\nK. Wah Construction Materials (KWCM), renamed Galaxy Entertainment Group in 2005 and 41.2 per cent owned by Lui \u2013 was granted Hong Kong\u2019s first contract quarry rights at Anderson Road, East Kowloon in 1964. The company&#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\/2104021\/tycoon-return-hong-kongs-largest-quarry-site-government\" target=\"_blank\">Tycoon to return Hong Kong\u2019s largest quarry site to government for building 10,000 homes<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Tycoon Lui Che-woo, a pioneer in Hong Kong\u2019s quarrying industry who later built his wealth&#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-61788","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-g4A","jetpack-related-posts":[{"id":106490,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-paper-tycoon-raymond-lee-buys-repulse-bay-property-for-hk1-45-billion-in-citys-priciest-sale-this-year\/","url_meta":{"origin":61788,"position":0},"title":"Hong Kong\u2019s paper tycoon Raymond Lee buys Repulse Bay property for HK$1.45 billion, in city\u2019s priciest sale this year","date":"April 24, 2019","format":false,"excerpt":"\r Raymond Lee Man Chun, a veteran real estate investor and co-founder of Hong Kong\u2019s largest paper producer Lee & Man Paper Manufacturing, is believed to be the owner of the most expensive property sold this year in the city.Lee and his wife Wong Man Yi are directors of a\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":78729,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/swire-properties-tops-out-latest-office-tower-in-hong-kongs-new-eastern-cbd\/","url_meta":{"origin":61788,"position":1},"title":"Swire Properties tops out latest office tower in Hong Kong\u2019s new \u2018eastern CBD\u2019","date":"February 2, 2018","format":false,"excerpt":"\r Swire Properties, the real estate giant, has topped out its latest office tower in Quarry Bay with over half the units pre-leased already to multinational corporations \u2013 very much in line with the growing trend of more foreign firms moving out of the city\u2019s Central district. One Taikoo Place\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":114866,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-estates-under-hong-kongs-fourth-richest-tycoon-says-profit-set-to-fall-for-a-fifth-year-as-company-sells-zero-homes\/","url_meta":{"origin":61788,"position":2},"title":"Chinese Estates, under Hong Kong\u2019s fourth richest tycoon, says profit set to fall for a fifth year as company sells zero homes","date":"March 12, 2020","format":false,"excerpt":"\r Chinese Estates Holdings, controlled by the family of property tycoon Joseph Lau Luen-hung, said earnings are set to fall for a fifth straight year to the lowest in nine years. After selling one apartment unit in 2018 amid a cooling market, the group sold none in 2019 as home\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":95033,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/land-reclamation-is-key-to-solving-hong-kongs-housing-woes-says-tycoon-ronnie-chan\/","url_meta":{"origin":61788,"position":3},"title":"Land reclamation is key to solving Hong Kong\u2019s housing woes, says tycoon Ronnie Chan","date":"July 30, 2018","format":false,"excerpt":"\r Land reclamation is the key to tackling the housing crisis that has made Hong Kong the world\u2019s most expensive property market, according to tycoon Ronnie Chan Chi-chung. \u201cOtherwise, it will be difficult to solve the land shortage problem in Hong Kong,\u201d he said after his company Hang Lung Properties\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":54713,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/its-hip-to-work-in-quarry-bay-as-foreign-firms-exodus-central\/","url_meta":{"origin":61788,"position":4},"title":"It\u2019s hip to work in Quarry Bay, as foreign firms exodus Central","date":"May 14, 2017","format":false,"excerpt":"\r Quarry Bay is quickly becoming Hong Kong\u2019s new hip business district, as mainland companies take over Central, and foreign firms leave in their droves. As mainlanders continue to swoop on trophy buildings in Central, foreign multinationals are relocating to the east of Hong Kong Island, and this \u201cdecentralisation\u201d has\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":118102,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/jiangmen-a-greater-bay-area-laggard-counts-casino-tycoon-ex-nba-star-and-hong-kong-movie-icons-as-investors-benefactors\/","url_meta":{"origin":61788,"position":5},"title":"Jiangmen, a Greater Bay Area laggard, counts casino tycoon, ex-NBA star and Hong Kong movie icons as investors, benefactors","date":"August 6, 2020","format":false,"excerpt":"\r Jiangmen ranks as the second poorest city in the Greater Bay Area. Yet, it is rich in its own way, counting a casino tycoon, an ex-NBA star, the king of oyster sauce, and a host of Hong Kong\u2019s film stars among its famous natives and benefactors.The city of 4.6\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\/61788"}],"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=61788"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/61788\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=61788"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=61788"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=61788"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}