{"id":88325,"date":"2018-05-15T17:30:15","date_gmt":"2018-05-15T10:30:15","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/sun-hung-kai-pays-hk25-1-billion-for-hong-kongs-costliest-residential-land-at-kai-tak\/"},"modified":"2018-05-15T18:04:04","modified_gmt":"2018-05-15T11:04:04","slug":"sun-hung-kai-pays-hk25-1-billion-for-hong-kongs-costliest-residential-land-at-kai-tak","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sun-hung-kai-pays-hk25-1-billion-for-hong-kongs-costliest-residential-land-at-kai-tak\/","title":{"rendered":"Sun Hung Kai pays HK$25.1 billion for Hong Kong\u2019s costliest residential land at Kai Tak"},"content":{"rendered":"


\nSun Hung Kai Properties has prevailed in a lacklustre tender for a plot of residential land at Hong Kong\u2019s former Kai Tak airport site, paying a record HK$25.16 billion (US$3.2 billion) for the city\u2019s most expensive land parcel, according to data provided by the Lands Department.
\nThe Kai Tak Arera 1F Site 1 parcel, located next to the Kai Tak subway station, can yield a gross floor area of 1.42 million sq ft.
\n\u201cIt is the new land king. It will fuel further rise in home prices…
\n
\nSource : South China Morning Post
\nRead more…Sun Hung Kai pays HK.1 billion for Hong Kong\u2019s costliest residential land at Kai Tak<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Sun Hung Kai Properties has prevailed in a lacklustre tender for a plot of residential...<\/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-88325","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-mYB","jetpack-related-posts":[{"id":103234,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sun-hung-kai-pays-us1-43-billion-for-kai-tak-residential-plot-in-subdued-tender-that-underscores-downbeat-market\/","url_meta":{"origin":88325,"position":0},"title":"Sun Hung Kai pays US$1.43 billion for Kai Tak residential plot in subdued tender that underscores downbeat market","date":"January 23, 2019","format":false,"excerpt":"\r Sun Hung Kai Properties, Hong Kong\u2019s biggest developer, has won a government tender for the fourth plot of residential land at Kai Tak, paying HK$11.26 billion (US$1.43 billion) for the parcel at the city\u2019s former airport. At HK$17,360 per sq ft, the winning price for Kai Tak Area 4C\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":112674,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sun-hung-kai-pays-a-record-hk42-2-billion-for-austin-road-commercial-plot-in-hong-kongs-costliest-land-tender\/","url_meta":{"origin":88325,"position":1},"title":"Sun Hung Kai pays a record HK$42.2 billion for Austin Road commercial plot in Hong Kong\u2019s costliest land tender","date":"November 27, 2019","format":false,"excerpt":"\r Sun Hung Kai Properties (SHKP), Hong Kong\u2019s largest developer by value, has won the biggest commercial parcel ever sold in the city for a record HK$42.2 billion (US$5.4 billion).The winner beat CK Asset Holdings, a consortium comprising Wharf Holdings, Sino Land, Henderson Land Development, Chinese Estate Holdings and Lifestyle\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":41877,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hna-pays-hk5-53-billion-for-its-third-land-parcel-at-kai-tak-site\/","url_meta":{"origin":88325,"position":2},"title":"HNA pays HK$5.53 billion for its third land parcel at Kai Tak site","date":"January 25, 2017","format":false,"excerpt":"\r HNA Group, which owns hotels and golf courses in addition to its control of Hainan Airlines, has bought its third parcel of development land at Kai Tak, bringing its total shopping bill at Hong Kong\u2019s former airport site to HK$20 billion in three months. The Chinese company\u2019s unit Top\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":68972,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hnas-kai-tak-project-receives-us93m-capital-injection-from-subsidiary\/","url_meta":{"origin":88325,"position":3},"title":"HNA\u2019s Kai Tak project receives US$93m capital injection from subsidiary","date":"October 13, 2017","format":false,"excerpt":"\r A subsidiary of HNA Group, Hong Kong International Construction Investment Management Group (HKCIM), has injected HK$728 million (US$93.24 million) into a land parcel owned by its parent at Kai Tak, the site of Hong Kong\u2019s former airport. HNA has splashed out a total HK$27.2 billion (US$3.48 billion) on four\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":103565,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/exclusive-hna-will-sell-its-last-kai-tak-parcel-to-wheelock-for-hk7-44-billion\/","url_meta":{"origin":88325,"position":4},"title":"Exclusive: HNA will sell its last Kai Tak parcel to Wheelock for HK$7.44 billion","date":"February 1, 2019","format":false,"excerpt":"\r HNA Group will sell its last plot of development land at Hong Kong\u2019s former Kai Tak airport site to Hong Kong developer Wheelock & Co, as the one-time high-flying Chinese conglomerate rushes to sell assets to repay debts. The listed unit of the Hainan-based company, Hong Kong International Construction\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":38282,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/still-keen-kai-tak-site-draws-18-bids-as-hong-kong-developers-maintain-interest-for-land\/","url_meta":{"origin":88325,"position":5},"title":"Still keen: Kai Tak site draws 18 bids as Hong Kong developers maintain interest for land","date":"December 16, 2016","format":false,"excerpt":"\r Property developers submitted at least 18 bids for a parcel of land at Hong Kong\u2019s former Kai Tak airport, a day after the long-awaited interest rate increase by the US Federal and Hong Kong Monetary Authority. The parcel, adjacent to a Kai Tak site that sold for a record\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\/88325"}],"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=88325"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/88325\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=88325"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=88325"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=88325"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}