{"id":99920,"date":"2018-10-16T17:54:04","date_gmt":"2018-10-16T10:54:04","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-scraps-sale-of-worlds-most-expensive-land-site-as-market-outlook-turns-cloudy\/"},"modified":"2018-10-16T18:03:16","modified_gmt":"2018-10-16T11:03:16","slug":"hong-kong-scraps-sale-of-worlds-most-expensive-land-site-as-market-outlook-turns-cloudy","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-scraps-sale-of-worlds-most-expensive-land-site-as-market-outlook-turns-cloudy\/","title":{"rendered":"Hong Kong scraps sale of world\u2019s most expensive land site as market outlook turns cloudy"},"content":{"rendered":"


\nA luxury residential site on The Peak has been withdrawn from sale on Tuesday, a sign that developers are increasingly cautious about the Hong Kong market outlook as a sliding stock market, rising interest rates and the escalating US-China trade war could further dampen buying interest.
\nThe Lands Department announced that it had rejected all five tenders received for the purchase of the plot on Mansfield Road, The Peak, after the tender closed on Friday as \u201cthe tendered premiums did not…
\n
\nSource : South China Morning Post
\nRead more…Hong Kong scraps sale of world\u2019s most expensive land site as market outlook turns cloudy<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

A luxury residential site on The Peak has been withdrawn from sale on Tuesday, a...<\/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-99920","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-pZC","jetpack-related-posts":[{"id":17214,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-housing-market-regains-confidence-but-long-term-outlook-remains-cloudy\/","url_meta":{"origin":99920,"position":0},"title":"Hong Kong housing market regains confidence but long term outlook remains cloudy","date":"June 21, 2016","format":false,"excerpt":"\r Hong Kong\u2019s housing market took a breather last week as home buying confidence was restored after the US deferred an interest rate hike, but industry experts believe the rebound could be short-lived based on market prospect in the coming months.\r \r Source : South China Morning Post\r Read more...Hong\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":107772,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-property-deals-jump-to-22-year-high-as-investors-spend-us43-8b-in-first-five-months-of-2019-but-outlook-cloudy\/","url_meta":{"origin":99920,"position":1},"title":"Hong Kong property deals jump to 22-year high as investors spend US$43.8b in first five months of 2019, but outlook cloudy","date":"June 4, 2019","format":false,"excerpt":"\r Property transactions in Hong Kong in the first five months of the year rose to the highest level since 1997, with buyers splashing out HK$343.7 billion (US$43.8 billion) on homes, car parks, shops and industrial and office units, data from the Land Registry showed on Tuesday.But Ricacorp Properties believes\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":99970,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developer-chinachem-prices-new-apartments-in-new-territories-at-12-per-cent-below-older-property\/","url_meta":{"origin":99920,"position":2},"title":"Hong Kong developer Chinachem prices new apartments in New Territories at 12 per cent below older property","date":"October 17, 2018","format":false,"excerpt":"\r Hong Kong developer Chinachem Group on Tuesday priced a first batch of units at its Sol City project in the New Territories at up to 12 per cent lower than lived-in homes in the area. The 144 apartments start at HK$13,389 (US$1,708) per square foot. The units, ranging from\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":102387,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/falling-land-values-indicate-developers-are-pessimistic-about-hong-kong-property-sectors-outlook\/","url_meta":{"origin":99920,"position":3},"title":"Falling land values indicate developers are pessimistic about Hong Kong property sector\u2019s outlook","date":"December 19, 2018","format":false,"excerpt":"\r Hong Kong\u2019s property sector is a bit downbeat these days. Buyers certainly aren\u2019t willing to pay high prices and developers have reined in their land acquisitions after shelling out record sums earlier in the year. And there is good reason for that. There is no end in sight to\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":602,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-apartment-claims-most-expensive-title-in-asia\/","url_meta":{"origin":99920,"position":4},"title":"Hong Kong apartment claims \u2018most expensive\u2019 title in Asia","date":"December 28, 2015","format":false,"excerpt":"\r It sold for USD76\u00a0million The 39 Conduit Road development by Henderson Land Properties The ultra-affluent Mid Levels neighbourhood in Hong Kong is thought to be the location of the newest most expensive apartment in Asia after a luxury duplex there sold for HKD590 million (USD76 million) last week, reports\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i2.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2015\/12\/Screenshot-2015-12-28-09.24.55-740x357.png?fit=740%2C357&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":171782,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/6-bids-for-hong-kong-land-sale-signal-renewed-confidence-despite-market-caution\/","url_meta":{"origin":99920,"position":5},"title":"6 bids for Hong Kong land sale signal renewed confidence despite market caution","date":"May 15, 2026","format":false,"excerpt":"\r The Hong Kong government\u2019s first land sale in the current financial year has drawn six bids, according to the Development Bureau, including those from the city\u2019s largest developers, suggesting a more confident outlook for the residential property market. At the close of tender for Tung Chung Town Lot No\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\/99920"}],"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=99920"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/99920\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=99920"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=99920"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=99920"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}