{"id":99698,"date":"2018-10-12T19:25:25","date_gmt":"2018-10-12T12:25:25","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-tender-for-a-rare-land-site-on-the-peak-receives-unenthusiastic-response-of-just-five-bids\/"},"modified":"2018-10-12T20:03:06","modified_gmt":"2018-10-12T13:03:06","slug":"hong-kongs-tender-for-a-rare-land-site-on-the-peak-receives-unenthusiastic-response-of-just-five-bids","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-tender-for-a-rare-land-site-on-the-peak-receives-unenthusiastic-response-of-just-five-bids\/","title":{"rendered":"Hong Kong\u2019s tender for a rare land site on The Peak receives \u2018unenthusiastic\u2019 response of just five bids"},"content":{"rendered":"


\nA luxury residential site on The Peak has received five bids from property developers, reflecting a cooling appetite for risk as sentiment in the property market continues to soften, amid the fallout of the US-China trade war, rising financing costs and a sharp decline in the stock market, according to one expert.
\nAnalysts said the large scale and cost of developing the site, combined with other upcoming land tenders were reasons only a handful of bids were received, despite the rarity of the…
\n
\nSource : South China Morning Post
\nRead more…Hong Kong\u2019s tender for a rare land site on The Peak receives \u2018unenthusiastic\u2019 response of just five bids<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

A luxury residential site on The Peak has received five bids from property developers, reflecting...<\/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-99698","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-pW2","jetpack-related-posts":[{"id":120200,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/bids-for-us970-million-mansfield-road-plot-on-peak-in-line-with-expectations-hint-at-optimism-analysts-says\/","url_meta":{"origin":99698,"position":0},"title":"Bids for US$970 million Mansfield Road plot on Peak in line with expectations, hint at optimism, analysts says","date":"February 5, 2021","format":false,"excerpt":"\r The five bids for a rare plot of land in Hong Kong\u2019s upmarket The Peak district were in line with expectations and hinted at optimism about the city\u2019s luxury residential market, analysts said.The government tender for the plot at 9 and 11 Mansfield Road closed on Friday, and could\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":100270,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/residential-site-in-tuen-mun-receives-just-three-bids-in-worst-response-to-hong-kong-land-sale-since-2010\/","url_meta":{"origin":99698,"position":1},"title":"Residential site in Tuen Mun receives just three bids in worst response to Hong Kong land sale since 2010","date":"October 20, 2018","format":false,"excerpt":"\r A small plot of land in the New Territories has received the poorest response since Hong Kong\u2019s government resumed land sales in 2010, in the latest sign the world\u2019s priciest property market is on the wane. The city\u2019s Lands Department said it had received three bids from developers for\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":112218,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/kai-tak-runway-parcel-tender-receives-muted-response-even-after-valuation-is-cut-by-15-per-cent\/","url_meta":{"origin":99698,"position":2},"title":"Kai Tak runway parcel tender receives muted response even after valuation is cut by 15 per cent","date":"November 8, 2019","format":false,"excerpt":"\r The tender for a sea-facing parcel on the runway of Hong Kong\u2019s former airport received only four bids even after its valuation was cut by 15 per cent to reflect the worsening state of the city\u2019s economy after five months of social unrest, US-China trade war and looming vacancy\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":109157,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-land-sale-at-former-kowloon-airport-receives-muted-response-from-developers\/","url_meta":{"origin":99698,"position":3},"title":"Hong Kong land sale at former Kowloon airport receives muted response from developers","date":"July 19, 2019","format":false,"excerpt":"\r The largest residential site at Hong Kong\u2019s former Kai Tak airport received fewer than expected bids when a government tender closed at noon on Friday, as property developers take a more cautions stance on the local property market following recent downgrades to the city\u2019s economic outlook.The plot designated Area\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":119365,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/number-of-bids-for-kai-tak-residential-plot-falls-below-2017-market-peak-as-recession-pandemic-weigh-on-developer-appetite\/","url_meta":{"origin":99698,"position":4},"title":"Number of bids for Kai Tak residential plot falls below 2017 market peak, as recession, pandemic weigh on developer appetite","date":"November 27, 2020","format":false,"excerpt":"\r The first residential plot at the site of Hong Kong\u2019s former airport put on sale by the government this year has drawn a less than enthusiastic response from developers.The tender of Area 4E Site 1 at Kai Tak closed on Friday and drew 10 bids, according to the Lands\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":164852,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-top-developers-vie-for-rare-tsuen-wan-site-in-test-of-land-market\/","url_meta":{"origin":99698,"position":5},"title":"Hong Kong\u2019s top developers vie for rare Tsuen Wan site in test of land market","date":"November 14, 2025","format":false,"excerpt":"\r Nine groups, including some of Hong Kong\u2019s largest developers \u2013 Sun Hung Kai Properties (SHKP), CK Asset Holdings, Henderson Land and Chinachem Group \u2013 have submitted offers for a 70,127 sq ft parcel in Tsuen Wan in the New Territories. The Lands Department received the bids by noon on\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\/99698"}],"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=99698"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/99698\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=99698"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=99698"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=99698"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}