{"id":76856,"date":"2018-01-16T17:15:30","date_gmt":"2018-01-16T10:15:30","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/wharf-wins-luxury-residential-site-in-kowloon-tong-for-record-price\/"},"modified":"2018-01-16T18:02:52","modified_gmt":"2018-01-16T11:02:52","slug":"wharf-wins-luxury-residential-site-in-kowloon-tong-for-record-price","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/wharf-wins-luxury-residential-site-in-kowloon-tong-for-record-price\/","title":{"rendered":"Wharf wins luxury residential site in Kowloon Tong for record price"},"content":{"rendered":"<p>&#013;<br \/>\nThe 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.<br \/>\nThe Lands Department awarded the parcel of land to the highest bidder, Alpha Pioneer, a wholly owned subsidiary of Wharf, for HK$12.45 billion on Tuesday.<br \/>\nThe site, which will yield a total area of 436,417 square feet, is at the junction of Lion Rock Tunnel Road and Lung Cheung Road.<br \/>\nThe winning bid was in&#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\/2128511\/wharf-wins-luxury-residential-site-kowloon-tong-record\" target=\"_blank\">Wharf wins luxury residential site in Kowloon Tong for record price<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; The Wharf (Holdings) outbid nine developers to win a residential site designated for luxury development&#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-76856","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-jZC","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":76856,"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 &quot;Property News&quot;","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":76856,"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 &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":76412,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-kowloon-tong-residential-plot-could-fetch-hk10-billion-after-tender-draws-strong-response\/","url_meta":{"origin":76856,"position":2},"title":"New Kowloon Tong residential plot could fetch HK$10 billion after tender draws strong response","date":"January 12, 2018","format":false,"excerpt":"\r A 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. The lot, at the junction of Lion Rock Tunnel Road and Lung\u2026","rel":"","context":"In &quot;Property News&quot;","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":76856,"position":3},"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 &quot;Property News&quot;","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":76856,"position":4},"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":10932,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/kowloon-tong-launches-to-provide-insight-into-appetite-for-luxury-homes\/","url_meta":{"origin":76856,"position":5},"title":"Kowloon Tong launches to provide insight into appetite for luxury homes","date":"April 19, 2016","format":false,"excerpt":"\r New property releases this week in Kowloon Tong, including a HK$194 million dollar home, will provide an important gauge of demand among the ultra rich at a time when the broader housing market is cooling, according to analysts.\r \r Source : South China Morning Post\r Read more...Kowloon Tong launches\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\/76856"}],"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=76856"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/76856\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=76856"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=76856"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=76856"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}