{"id":76412,"date":"2018-01-12T14:49:16","date_gmt":"2018-01-12T07:49:16","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-kowloon-tong-residential-plot-could-fetch-hk10-billion-after-tender-draws-strong-response\/"},"modified":"2018-01-12T15:05:04","modified_gmt":"2018-01-12T08:05:04","slug":"new-kowloon-tong-residential-plot-could-fetch-hk10-billion-after-tender-draws-strong-response","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-kowloon-tong-residential-plot-could-fetch-hk10-billion-after-tender-draws-strong-response\/","title":{"rendered":"New Kowloon Tong residential plot could fetch HK$10 billion after tender draws strong response"},"content":{"rendered":"


\nA residential site in Kowloon Tong that might become Kowloon\u2019s priciest piece of land per square foot drew a strong response from at least nine developers before a deadline for submitting bids closed at noon on Friday.
\nThe lot, at the junction of Lion Rock Tunnel Road and Lung Cheung Road, has a site area of about 121,228 sq ft (1.13 hectares) and is expected to fetch more than HK$10 billion (US$1.28 billion), or more than HK$24,000 per square foot of gross floor area, according to…
\n
\nSource : South China Morning Post
\nRead more…New Kowloon Tong residential plot could fetch HK billion after tender draws strong response<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

A residential site in Kowloon Tong that might become Kowloon\u2019s priciest piece of land per...<\/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-76412","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-jSs","jetpack-related-posts":[{"id":28701,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/kerry-properties-wins-kowloon-tong-government-site-for-hk7-268-billion\/","url_meta":{"origin":76412,"position":0},"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":27399,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/prime-site-in-kowloon-tongs-beacon-hill-expected-to-sell-for-more-than-hk7-billion\/","url_meta":{"origin":76412,"position":1},"title":"Prime site in Kowloon Tong\u2019s Beacon Hill expected to sell for more than HK$7 billion","date":"September 27, 2016","format":false,"excerpt":"\r Aggressive bidding from Hong Kong and mainland developers could push the price for a large luxury residential site at Beacon Hill in Kowloon Tong as high as HK$7.2 billion by the time the tenders close on Friday. The 235,182 square feet (sq ft) site on Lung Cheung Road is\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":76412,"position":2},"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":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":76412,"position":3},"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":110771,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-government-to-sell-off-site-on-top-of-west-kowloon-station-expected-to-fetch-record-us11-5-billion\/","url_meta":{"origin":76412,"position":4},"title":"Hong Kong government to sell off site on top of West Kowloon station expected to fetch record US$11.5 billion","date":"September 14, 2019","format":false,"excerpt":"\r The Hong Kong government is putting up for tender the biggest and most expensive plot of land it has ever sold, shrugging off concerns about the effects of unprecedented civil unrest on market sentiment.\r\rThe six-hectare commercial site directly on top of the West Kowloon high-speed rail terminus is expected\u2026","rel":"","context":"In "Property News"","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":76412,"position":5},"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 "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/76412"}],"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=76412"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/76412\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=76412"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=76412"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=76412"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}