{"id":76808,"date":"2018-01-16T08:30:15","date_gmt":"2018-01-16T01:30:15","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/richard-lis-pacific-century-marks-return-to-property-development-after-10-year-absence\/"},"modified":"2018-01-16T09:03:56","modified_gmt":"2018-01-16T02:03:56","slug":"richard-lis-pacific-century-marks-return-to-property-development-after-10-year-absence","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/richard-lis-pacific-century-marks-return-to-property-development-after-10-year-absence\/","title":{"rendered":"Richard Li\u2019s Pacific Century marks return to property development after 10 year absence"},"content":{"rendered":"<p>&#013;<br \/>\nRichard Li Tzar-kai\u2019s Pacific Century Premium Developments will partner with Hong Kong-listed CSI Properties to jointly develop a prime residential site near the city\u2019s main business and nightlife hubs.<\/p>\n<p>According to a statement by CSI, the site of around 11,700 square feet, at No 3-6 Glenealy, Central, can be redeveloped into a new premium residential tower.<\/p>\n<p>CSI will receive HK$2.02 billion (US$258.2 million), as well as 50 per cent of future profits in the project, the&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"http:\/\/www.scmp.com\/business\/companies\/article\/2128401\/richard-lis-pacific-century-marks-return-property-development\" target=\"_blank\">Richard Li\u2019s Pacific Century marks return to property development after 10 year absence<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Richard Li Tzar-kai\u2019s Pacific Century Premium Developments will partner with Hong Kong-listed CSI Properties to&#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-76808","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-jYQ","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":76808,"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 &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":89878,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/what-does-hong-kongs-anglican-church-do-with-money-from-sale-of-property-it-buys-some-more\/","url_meta":{"origin":76808,"position":1},"title":"What does Hong Kong\u2019s Anglican church do with money from sale of property? It buys some more","date":"May 30, 2018","format":false,"excerpt":"\r For five decades, an 11-storey building at 5 Glenealy Road in Mid-Levels served as the staff quarters of the Hong Kong Anglican Church, until it was sold in January to CSI Properties for HK$400 million (US$51 million). Now, CSI, which also owns the adjacent Yue Lam Mansion at 3\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":119884,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/consortium-wins-development-rights-to-mtrs-wong-chuk-hang-residential-project-at-a-lower-premium-than-earlier-phase\/","url_meta":{"origin":76808,"position":2},"title":"Consortium wins development rights to MTR\u2019s Wong Chuk Hang residential project at a lower premium than earlier phase","date":"January 27, 2021","format":false,"excerpt":"\r A consortium of four Hong Kong developers has won the development rights for the latest residential project at Wong Chuk Hang MTR station, which has been acquired at a lower premium than the previous phase.Kayson Limited, comprising New World Development, Empire Group, Lai Sun Development and CSI Properties, won\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":172630,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/high-office-vacancy-rates-spur-bid-to-rezone-kowloon-east-site-for-residential-development\/","url_meta":{"origin":76808,"position":3},"title":"High office vacancy rates spur bid to rezone Kowloon East site for residential development","date":"September 24, 2026","format":false,"excerpt":"\r With office vacancy rates in Kowloon East remaining high, the Planning Department has indicated it has \u201cno objection\u201d to a request by some developers for a commercial project in the area to be rezoned for residential development. A consortium comprising CSI Properties, Asia Standard International and Chongqing-born property tycoon\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":120471,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/victor-lis-ck-asset-scores-first-win-at-kai-tak-bags-last-residential-plot-on-former-airports-runway\/","url_meta":{"origin":76808,"position":4},"title":"Victor Li\u2019s CK Asset scores first win at Kai Tak, bags last residential plot on former airport\u2019s runway","date":"February 18, 2021","format":false,"excerpt":"\r Hong Kong tycoon Victor Li Tzar-kuoi\u2019s CK Asset Holdings won its first tender for land at Hong Kong\u2019s old airport, Kai Tak, on Wednesday. The site, Area 4E Site 2, was also the last residential plot up for grabs on its runway.The developer won the plot for HK$10.28 billion\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":8612,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/flats-at-yuen-long-project-see-poor-uptake-after-lis-warning-on-economy\/","url_meta":{"origin":76808,"position":5},"title":"Flats at Yuen Long project see poor uptake after Li\u2019s warning on economy","date":"March 20, 2016","format":false,"excerpt":"\r A major residential project in the northwestern district of Yuen Long received a disappointing market response on its first day of sale on Saturday, just a day after Hong Kong\u2019s richest man, Li Ka-Shing, warned that the city was in its worst economic trough in 20 years an\r \r\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\/76808"}],"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=76808"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/76808\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=76808"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=76808"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=76808"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}