{"id":70870,"date":"2017-11-03T19:18:25","date_gmt":"2017-11-03T12:18:25","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/from-cassettes-mini-buses-to-the-worlds-priciest-tower-a-peek-at-hong-kongs-buyers-of-the-center\/"},"modified":"2017-11-03T20:03:59","modified_gmt":"2017-11-03T13:03:59","slug":"from-cassettes-mini-buses-to-the-worlds-priciest-tower-a-peek-at-hong-kongs-buyers-of-the-center","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/from-cassettes-mini-buses-to-the-worlds-priciest-tower-a-peek-at-hong-kongs-buyers-of-the-center\/","title":{"rendered":"From cassettes, mini buses to the world\u2019s priciest tower: a peek at Hong Kong\u2019s buyers of The Center"},"content":{"rendered":"<p>&#013;<br \/>\nA consortium called C.H.M.T Peaceful Development Asia Property agreed to pay tycoon Li Ka-shing a record HK$40.2 billion (US$5.15 billion) for The Center office block in Hong Kong, in what agents say is the world\u2019s most expensive transaction for a single building.<br \/>\nThe consortium, 55 per cent owned by a unit of the mainland\u2019s state oil behemoth, is behind the purchase, with the remaining 45 per cent shared by four Hong Kong businessmen.<br \/>\nWho are the Hong Kong buyers?<br \/>\nThe South China&#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\/2118335\/cassettes-mini-buses-worlds-priciest-tower-peek-hong-kongs\" target=\"_blank\">From cassettes, mini buses to the world\u2019s priciest tower: a peek at Hong Kong\u2019s buyers of The Center<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; A consortium called C.H.M.T Peaceful Development Asia Property agreed to pay tycoon Li Ka-shing a&#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-70870","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-ir4","jetpack-related-posts":[{"id":81209,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-center-is-back-in-hong-kong-hands-as-mainland-firm-pulls-out-of-buying-worlds-costliest-tower\/","url_meta":{"origin":70870,"position":0},"title":"The Center is back in Hong Kong hands as mainland firm pulls out of buying world\u2019s costliest tower","date":"February 27, 2018","format":false,"excerpt":"\r Two Hong Kong-based tycoons have emerged to replace a mainland Chinese shareholder in the consortium that bought Li Ka-shing\u2019s The Center tower, barely three months after the C.H.M.T Peaceful Development Asia Property group hogged the media spotlight as owners of the world\u2019s priciest office building. Pollyanna Chu, Hong Kong\u2019s\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":101644,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-reports-another-dismal-sales-weekend-in-tuen-mun-as-home-market-heads-for-the-big-chill\/","url_meta":{"origin":70870,"position":1},"title":"Hong Kong reports another dismal sales weekend in Tuen Mun as home market heads for the big chill","date":"November 24, 2018","format":false,"excerpt":"\r Hong Kong\u2019s residential property market witnessed another weekend of dismal sales, as even double-digit discounts could not lure buyers to commit, in yet another sign that the world\u2019s priciest flats have given way to a buyers\u2019 market. Chuang\u2019s China Investments, which offered discounts of up to 16 per cent\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":99296,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/flat-sale-results-in-hong-kong-offer-proof-that-worlds-priciest-housing-market-is-cooling-off\/","url_meta":{"origin":70870,"position":2},"title":"Flat sale results in Hong Kong offer proof that world\u2019s priciest housing market is cooling off","date":"October 6, 2018","format":false,"excerpt":"\r Home buyers in Hong Kong bought just over half of the flats offered by a major Chinese developer at a new site in the city on Saturday despite incentives, in another sign the world\u2019s most expensive property market is cooling off. Sales agents described the outcome \u2013184 of 310\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":61072,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/cheung-kong-sun-hung-kai-laughing-all-the-way-to-the-bank-in-worlds-priciest-apartment-market\/","url_meta":{"origin":70870,"position":3},"title":"Cheung Kong, Sun Hung Kai laughing all the way to the bank in world\u2019s priciest apartment market","date":"July 18, 2017","format":false,"excerpt":"\r Hong Kong\u2019s residential property prices, which are the highest among the world\u2019s major urban centres, have turned the city\u2019s two biggest developers into winners, helping them beat their 12-month sales targets half way through the year. Cheung Kong Property Holdings, the flagship developer of Hong Kong\u2019s wealthiest man Li\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":124034,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-blight-of-nano-flats-will-withstand-minimum-size-rule-as-affordability-remains-the-top-barrier-in-the-worlds-priciest-city\/","url_meta":{"origin":70870,"position":4},"title":"Hong Kong\u2019s blight of nano flats will withstand minimum-size rule as affordability remains the top barrier in the world\u2019s priciest city","date":"December 31, 2021","format":false,"excerpt":"\r Hong Kong\u2019s notoriously tiny flats are likely to endure and withstand the minimum size ordered by the city authorities, as affordability remains the biggest challenge for many first-home buyers struggling to get on the first rung of the property ladder.The 280-square feet (26 square metres) minimum stipulated this week\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":114049,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/can-coronavirus-outbreak-knock-hong-kong-retail-and-office-markets-the-worlds-priciest-off-the-perch\/","url_meta":{"origin":70870,"position":5},"title":"Can coronavirus outbreak knock Hong Kong retail and office markets, the world\u2019s priciest, off the perch?","date":"February 4, 2020","format":false,"excerpt":"\r Hong Kong\u2019s office and retail space rents, the world\u2019s priciest, have slipped under the weight of US-China trade war and anti-government protests for most of the past year. Can the fallout from a prolonged coronavirus outbreak knock them off the perch?The viral outbreak has taken its toll even before\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\/70870"}],"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=70870"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/70870\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=70870"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=70870"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=70870"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}