{"id":64208,"date":"2017-08-22T11:03:11","date_gmt":"2017-08-22T04:03:11","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-world-development-plans-us3-2b-emerging-industrial-cluster-in-kowloon-east\/"},"modified":"2017-08-22T11:08:59","modified_gmt":"2017-08-22T04:08:59","slug":"new-world-development-plans-us3-2b-emerging-industrial-cluster-in-kowloon-east","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-world-development-plans-us3-2b-emerging-industrial-cluster-in-kowloon-east\/","title":{"rendered":"New World Development plans US$3.2b \u2018emerging industrial cluster\u2019 in Kowloon East"},"content":{"rendered":"


\nNew World Development is planning to invest HK$25 billion (US$3.2 billion) to create an \u201cemerging industrial cluster\u201d that will feature co-working concept developments in Kowloon East designed to woo innovative technology start-ups.
\nThe developer, chaired by Hong Kong\u2019s third richest family of Henry Cheng Kar-shun, unveiled the plan after it successfully acquired a commercial site for HK$2.97 billion (US$397.2 million) in Cheung Sha Wan by government tender last week, raising…
\n
\nSource : South China Morning Post
\nRead more…New World Development plans US.2b \u2018emerging industrial cluster\u2019 in Kowloon East<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

New World Development is planning to invest HK$25 billion (US$3.2 billion) to create an \u201cemerging...<\/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-64208","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-gHC","jetpack-related-posts":[{"id":87401,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sino-land-csi-join-forces-to-win-yau-tong-land-site-adding-even-more-appeal-to-former-kowloon-industrial-area\/","url_meta":{"origin":64208,"position":0},"title":"Sino Land, CSI join forces to win Yau Tong land site, adding even more appeal to former Kowloon industrial area","date":"May 8, 2018","format":false,"excerpt":"\r Hong Kong developers Sino Land and CSI Properties are teaming up to develop a 43,400 square foot MTR site in southeast Kowloon\u2019s Yau Tong \u2013 a traditional industrial area where analysts see huge potential for future residential development.\u00a0 The winning bid was not disclosed, but the land premium paid\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":122904,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/kowloon-development-to-pay-hk9-66-billion-premium-in-st-josephs-home-for-the-aged-land-exchange\/","url_meta":{"origin":64208,"position":1},"title":"Kowloon Development to pay HK$9.66 billion premium in St Joseph\u2019s Home for the Aged land exchange","date":"October 30, 2021","format":false,"excerpt":"\r Kowloon Development has agreed to exchange land it had hoped to redevelop for years on the site of the former St Joseph\u2019s Home for the Aged in Clear Water Bay, and will pay the largest land premium in four years for another site in Kowloon.The property developer said two\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"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":64208,"position":2},"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 "Property News"","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":64208,"position":3},"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 "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":28701,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/kerry-properties-wins-kowloon-tong-government-site-for-hk7-268-billion\/","url_meta":{"origin":64208,"position":4},"title":"Kerry Properties wins Kowloon Tong government site for HK$7.268 billion","date":"October 5, 2016","format":false,"excerpt":"\r Kerry Properties has outbid ten other companies to win a luxury residential site at Kowloon Tong\u2019s Beacon Hill after paying HK$7.268 billion The price is at the upper end of market expectations that ranged from HK$6.2 billion to HK$7.5 billion. The Lands Department on Wednesday said the tender for\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":20144,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hk4-5-billion-for-a-kowloon-office-tower-the-buyer-of-hong-kongs-most-expensive-home-strikes-again\/","url_meta":{"origin":64208,"position":5},"title":"HK$4.5 billion for a Kowloon office tower? The buyer of Hong Kong\u2019s most expensive home strikes again","date":"July 18, 2016","format":false,"excerpt":"\r Cheung Kei Group, the mainland Chinese conglomerate which last month spent HK$2.1 billion on a house on the Peak, said on Monday it agreed to buy an office tower in Hong Kong\u2019s Kowloon district for HK$4.5 billion.\r \r Source : South China Morning Post\r Read more...HK.5 billion for a\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\/64208"}],"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=64208"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/64208\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=64208"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=64208"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=64208"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}