{"id":96117,"date":"2018-08-16T06:30:15","date_gmt":"2018-08-15T23:30:15","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/kowloon-plot-sells-for-under-hk10000-per-sq-ft-for-first-time-since-november-2016-in-government-auction\/"},"modified":"2018-08-16T07:03:33","modified_gmt":"2018-08-16T00:03:33","slug":"kowloon-plot-sells-for-under-hk10000-per-sq-ft-for-first-time-since-november-2016-in-government-auction","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/kowloon-plot-sells-for-under-hk10000-per-sq-ft-for-first-time-since-november-2016-in-government-auction\/","title":{"rendered":"Kowloon plot sells for under HK$10,000 per sq ft for first time since November 2016 in government auction"},"content":{"rendered":"


\nA plot in Kowloon has been auctioned for under HK$10,000 per square foot, the first time urban land has been sold for such a low price in nearly two years.
\nPoly Property Group, the Hong Kong-listed arm of state-owned China Poly Group, won the auction for the 39,612 sq ft plot on Ko Chiu Road in Yau Tong for HK$3.3 billion (US$420 million) or HK$9,257 per sq ft, the Lands Department announced on Wednesday.
\nIn the process Poly Property became the first mainland-based developer to win government…
\n
\nSource : South China Morning Post
\nRead more…Kowloon plot sells for under HK,000 per sq ft for first time since November 2016 in government auction<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

A plot in Kowloon has been auctioned for under HK$10,000 per square foot, the first...<\/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-96117","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-p0h","jetpack-related-posts":[{"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":96117,"position":0},"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 "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":96117,"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":122904,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/kowloon-development-to-pay-hk9-66-billion-premium-in-st-josephs-home-for-the-aged-land-exchange\/","url_meta":{"origin":96117,"position":2},"title":"Kowloon Development to pay HK$9.66 billion premium in St Joseph\u2019s Home for the Aged land exchange","date":"October 30, 2021","format":false,"excerpt":"\r Kowloon Development has agreed to exchange land it had hoped to redevelop for years on the site of the former St Joseph\u2019s Home for the Aged in Clear Water Bay, and will pay the largest land premium in four years for another site in Kowloon.The property developer said two\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":170512,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/kowloon-east-site-attracts-nine-bids-as-hong-kong-housing-outlook-brightens\/","url_meta":{"origin":96117,"position":3},"title":"Kowloon East site attracts nine bids as Hong Kong housing outlook brightens","date":"February 6, 2026","format":false,"excerpt":"\r Hong Kong\u2019s tender for a 3,132 square metre (33,712 sq ft) residential plot in Ngau Tau Kok, Kowloon East, has drawn nine bids, according to the Development Bureau. The site was estimated to be worth as much as HK$1.55 billion (US$198 million), according to real estate services provider CBRE.\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":108642,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-public-housing-flat-sells-for-record-hk5-26-million\/","url_meta":{"origin":96117,"position":4},"title":"Hong Kong public housing flat sells for record HK$5.26 million","date":"July 2, 2019","format":false,"excerpt":"\r Hong Kong\u2019s property market continues to make waves in these turbulent times.A 598 square feet flat at Fung Tak Estate in Wong Tai Sin, Kowloon, has been sold for HK$5.26 million (US$674,000), making it the most expensive public rental housing unit in Hong Kong, according to data from the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":170536,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-residential-plot-fetches-us230-million-as-chinese-developer-outbids-city-rivals\/","url_meta":{"origin":96117,"position":5},"title":"Hong Kong residential plot fetches US$230 million as Chinese developer outbids city rivals","date":"February 10, 2026","format":false,"excerpt":"\r Hong Kong-listed mainland Chinese developer China Overseas Land & Investment won a bid for a 3,132-square-metre (33,712 sq ft) residential plot in Kowloon East, beating some of the city\u2019s largest developers with a higher-than-expected tender. The state-backed developer beat eight rivals to secure a 50-year grant for the parcel\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\/96117"}],"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=96117"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/96117\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=96117"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=96117"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=96117"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}