{"id":3950,"date":"2019-09-03T09:48:31","date_gmt":"2019-09-03T09:48:31","guid":{"rendered":"https:\/\/www.asiapropertyawards.com\/?p=3950"},"modified":"2021-06-04T14:37:28","modified_gmt":"2021-06-04T07:37:28","slug":"developers-vie-for-hong-kong-plot-as-large-as-two-basketball-courts","status":"publish","type":"post","link":"https:\/\/www.asiapropertyawards.com\/en\/developers-vie-for-hong-kong-plot-as-large-as-two-basketball-courts\/","title":{"rendered":"Developers vie for Hong Kong plot as large as two basketball courts"},"content":{"rendered":"

Firms’ confidence in the property market not as weak as imagined despite protests<\/p>\n

\"\"
Drone view of Hong Kong. Bigone\/Shutterstock<\/figcaption><\/figure>\n

Against the backdrop of protests, Hong Kong development firms are jostling for a narrow land plot in Tuen Mun.<\/p>\n

Sun Hung Kai Properties is the latest to have added its name to a fray of developers submitting bids on the plot between King Sau Lane and King Fung Path, reported the South China Morning Post<\/a>. The plot is reportedly only as large as two-and-a-half basketball courts.<\/p>\n

This brings the number of bids on the plot to eighteen, the Post added, citing figures issued by the Chinese SAR\u2019s Lands Department last week.<\/p>\n

The plot has been among the smallest ones put on the market by the government since 2014, yet response to its sale has been \u201cstrong\u201d, Alvin Lam, director at Midland Surveyors, told the Post.<\/p>\n

More: Hong Kong protest a gain for Bangkok condos<\/a><\/strong><\/p>\n

\u201cSun Hung Kai Properties is confident about it because [its development] Mount Regency sold well,\u201d Lam said, referring to the project located just beside the plot.<\/p>\n

Other development firms in contention for the land include Sino Land, K Wah International Holdings, Emperor International Holdings, Far East Consortium, HKR International, Wang On Properties, Chevalier International Holdings, Grand Ming Group Holdings, Lai Sun Development, Chinese Estates Holdings, Top Spring International Holdings, K&K Property Holdings and Evergreen International Holdings.<\/p>\n

\u201cAmong big developers, Sino Land is more engaged in small projects,\u201d Lam told the Post. \u201cTheir confidence about market prospects is not as weak as imagined. As long as the project is attractive, they will still go ahead, even if it is a small one.”<\/p>\n

Due to the ongoing demonstrations, rents on Hong Kong\u2019s main island may fall two percent in the next year, according to a survey by the Royal Institute of Chartered Surveyors via Bloomberg<\/a>. The volume of residential property traded already fell 35 percent year-on-year in July, Ricacorp Properties Ltd reported.<\/p>\n","protected":false},"excerpt":{"rendered":"

Firms’ confidence in the property market not as weak as imagined despite protests<\/p>\n","protected":false},"author":8,"featured_media":20250,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[92],"tags":[137,136,171],"class_list":["post-3950","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-china","tag-hk","tag-hong-kong","news_country-hk-macau","news_author-property-report"],"acf":[],"yoast_head":"\nDevelopers vie for Hong Kong plot as large as two basketball courts | Asia Property Awards<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.asiapropertyawards.com\/en\/developers-vie-for-hong-kong-plot-as-large-as-two-basketball-courts\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Developers vie for Hong Kong plot as large as two basketball courts | Asia Property Awards\" \/>\n<meta property=\"og:description\" content=\"Firms' confidence in the property market not as weak as imagined despite protests\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.asiapropertyawards.com\/en\/developers-vie-for-hong-kong-plot-as-large-as-two-basketball-courts\/\" \/>\n<meta property=\"og:site_name\" content=\"Asia Property Awards\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/asiapropertyawards\" \/>\n<meta property=\"article:published_time\" content=\"2019-09-03T09:48:31+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-06-04T07:37:28+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.asiapropertyawards.com\/wp-content\/uploads\/2021\/06\/shutterstock_774140332.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"749\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Al Gerard de la Cruz\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@AsiaPropAwards\" \/>\n<meta name=\"twitter:site\" content=\"@AsiaPropAwards\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Al Gerard de la Cruz\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/developers-vie-for-hong-kong-plot-as-large-as-two-basketball-courts\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/developers-vie-for-hong-kong-plot-as-large-as-two-basketball-courts\\\/\"},\"author\":{\"name\":\"Al Gerard de la Cruz\",\"@id\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/#\\\/schema\\\/person\\\/d598baf75e0e9766e7eff8e4d8ab25ca\"},\"headline\":\"Developers vie for Hong Kong plot as large as two basketball courts\",\"datePublished\":\"2019-09-03T09:48:31+00:00\",\"dateModified\":\"2021-06-04T07:37:28+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/developers-vie-for-hong-kong-plot-as-large-as-two-basketball-courts\\\/\"},\"wordCount\":345,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/developers-vie-for-hong-kong-plot-as-large-as-two-basketball-courts\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/wp-content\\\/uploads\\\/2021\\\/06\\\/shutterstock_774140332.jpg\",\"keywords\":[\"china\",\"hk\",\"hong kong\"],\"articleSection\":[\"News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/developers-vie-for-hong-kong-plot-as-large-as-two-basketball-courts\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/developers-vie-for-hong-kong-plot-as-large-as-two-basketball-courts\\\/\",\"url\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/developers-vie-for-hong-kong-plot-as-large-as-two-basketball-courts\\\/\",\"name\":\"Developers vie for Hong Kong plot as large as two basketball courts | Asia Property Awards\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/developers-vie-for-hong-kong-plot-as-large-as-two-basketball-courts\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/developers-vie-for-hong-kong-plot-as-large-as-two-basketball-courts\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/wp-content\\\/uploads\\\/2021\\\/06\\\/shutterstock_774140332.jpg\",\"datePublished\":\"2019-09-03T09:48:31+00:00\",\"dateModified\":\"2021-06-04T07:37:28+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/developers-vie-for-hong-kong-plot-as-large-as-two-basketball-courts\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/developers-vie-for-hong-kong-plot-as-large-as-two-basketball-courts\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/developers-vie-for-hong-kong-plot-as-large-as-two-basketball-courts\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/wp-content\\\/uploads\\\/2021\\\/06\\\/shutterstock_774140332.jpg\",\"contentUrl\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/wp-content\\\/uploads\\\/2021\\\/06\\\/shutterstock_774140332.jpg\",\"width\":1000,\"height\":749},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/developers-vie-for-hong-kong-plot-as-large-as-two-basketball-courts\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Developers vie for Hong Kong plot as large as two basketball courts\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/#website\",\"url\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/\",\"name\":\"Asia Property Awards\",\"description\":\"PropertyGuru Asia Property Awards\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/#organization\",\"name\":\"Asia Property Awards\",\"url\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/wp-content\\\/uploads\\\/2023\\\/12\\\/Trophy_2.png\",\"contentUrl\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/wp-content\\\/uploads\\\/2023\\\/12\\\/Trophy_2.png\",\"width\":1920,\"height\":1080,\"caption\":\"Asia Property Awards\"},\"image\":{\"@id\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/asiapropertyawards\",\"https:\\\/\\\/x.com\\\/AsiaPropAwards\",\"https:\\\/\\\/www.instagram.com\\\/asiapropertyawards\\\/\",\"https:\\\/\\\/www.linkedin.com\\\/showcase\\\/asia-property-awards\",\"https:\\\/\\\/www.youtube.com\\\/channel\\\/UCCMEFMU-KW5dEKfb5dPTL9Q\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/#\\\/schema\\\/person\\\/d598baf75e0e9766e7eff8e4d8ab25ca\",\"name\":\"Al Gerard de la Cruz\",\"description\":\"Deputy Editor\",\"url\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/author\\\/gerard\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Developers vie for Hong Kong plot as large as two basketball courts | Asia Property Awards","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.asiapropertyawards.com\/en\/developers-vie-for-hong-kong-plot-as-large-as-two-basketball-courts\/","og_locale":"en_US","og_type":"article","og_title":"Developers vie for Hong Kong plot as large as two basketball courts | Asia Property Awards","og_description":"Firms' confidence in the property market not as weak as imagined despite protests","og_url":"https:\/\/www.asiapropertyawards.com\/en\/developers-vie-for-hong-kong-plot-as-large-as-two-basketball-courts\/","og_site_name":"Asia Property Awards","article_publisher":"https:\/\/www.facebook.com\/asiapropertyawards","article_published_time":"2019-09-03T09:48:31+00:00","article_modified_time":"2021-06-04T07:37:28+00:00","og_image":[{"width":1000,"height":749,"url":"https:\/\/www.asiapropertyawards.com\/wp-content\/uploads\/2021\/06\/shutterstock_774140332.jpg","type":"image\/jpeg"}],"author":"Al Gerard de la Cruz","twitter_card":"summary_large_image","twitter_creator":"@AsiaPropAwards","twitter_site":"@AsiaPropAwards","twitter_misc":{"Written by":"Al Gerard de la Cruz","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.asiapropertyawards.com\/en\/developers-vie-for-hong-kong-plot-as-large-as-two-basketball-courts\/#article","isPartOf":{"@id":"https:\/\/www.asiapropertyawards.com\/en\/developers-vie-for-hong-kong-plot-as-large-as-two-basketball-courts\/"},"author":{"name":"Al Gerard de la Cruz","@id":"https:\/\/www.asiapropertyawards.com\/en\/#\/schema\/person\/d598baf75e0e9766e7eff8e4d8ab25ca"},"headline":"Developers vie for Hong Kong plot as large as two basketball courts","datePublished":"2019-09-03T09:48:31+00:00","dateModified":"2021-06-04T07:37:28+00:00","mainEntityOfPage":{"@id":"https:\/\/www.asiapropertyawards.com\/en\/developers-vie-for-hong-kong-plot-as-large-as-two-basketball-courts\/"},"wordCount":345,"commentCount":0,"publisher":{"@id":"https:\/\/www.asiapropertyawards.com\/en\/#organization"},"image":{"@id":"https:\/\/www.asiapropertyawards.com\/en\/developers-vie-for-hong-kong-plot-as-large-as-two-basketball-courts\/#primaryimage"},"thumbnailUrl":"https:\/\/www.asiapropertyawards.com\/wp-content\/uploads\/2021\/06\/shutterstock_774140332.jpg","keywords":["china","hk","hong kong"],"articleSection":["News"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.asiapropertyawards.com\/en\/developers-vie-for-hong-kong-plot-as-large-as-two-basketball-courts\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.asiapropertyawards.com\/en\/developers-vie-for-hong-kong-plot-as-large-as-two-basketball-courts\/","url":"https:\/\/www.asiapropertyawards.com\/en\/developers-vie-for-hong-kong-plot-as-large-as-two-basketball-courts\/","name":"Developers vie for Hong Kong plot as large as two basketball courts | Asia Property Awards","isPartOf":{"@id":"https:\/\/www.asiapropertyawards.com\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.asiapropertyawards.com\/en\/developers-vie-for-hong-kong-plot-as-large-as-two-basketball-courts\/#primaryimage"},"image":{"@id":"https:\/\/www.asiapropertyawards.com\/en\/developers-vie-for-hong-kong-plot-as-large-as-two-basketball-courts\/#primaryimage"},"thumbnailUrl":"https:\/\/www.asiapropertyawards.com\/wp-content\/uploads\/2021\/06\/shutterstock_774140332.jpg","datePublished":"2019-09-03T09:48:31+00:00","dateModified":"2021-06-04T07:37:28+00:00","breadcrumb":{"@id":"https:\/\/www.asiapropertyawards.com\/en\/developers-vie-for-hong-kong-plot-as-large-as-two-basketball-courts\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.asiapropertyawards.com\/en\/developers-vie-for-hong-kong-plot-as-large-as-two-basketball-courts\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.asiapropertyawards.com\/en\/developers-vie-for-hong-kong-plot-as-large-as-two-basketball-courts\/#primaryimage","url":"https:\/\/www.asiapropertyawards.com\/wp-content\/uploads\/2021\/06\/shutterstock_774140332.jpg","contentUrl":"https:\/\/www.asiapropertyawards.com\/wp-content\/uploads\/2021\/06\/shutterstock_774140332.jpg","width":1000,"height":749},{"@type":"BreadcrumbList","@id":"https:\/\/www.asiapropertyawards.com\/en\/developers-vie-for-hong-kong-plot-as-large-as-two-basketball-courts\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.asiapropertyawards.com\/en\/"},{"@type":"ListItem","position":2,"name":"Developers vie for Hong Kong plot as large as two basketball courts"}]},{"@type":"WebSite","@id":"https:\/\/www.asiapropertyawards.com\/en\/#website","url":"https:\/\/www.asiapropertyawards.com\/en\/","name":"Asia Property Awards","description":"PropertyGuru Asia Property Awards","publisher":{"@id":"https:\/\/www.asiapropertyawards.com\/en\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.asiapropertyawards.com\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.asiapropertyawards.com\/en\/#organization","name":"Asia Property Awards","url":"https:\/\/www.asiapropertyawards.com\/en\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.asiapropertyawards.com\/en\/#\/schema\/logo\/image\/","url":"https:\/\/www.asiapropertyawards.com\/wp-content\/uploads\/2023\/12\/Trophy_2.png","contentUrl":"https:\/\/www.asiapropertyawards.com\/wp-content\/uploads\/2023\/12\/Trophy_2.png","width":1920,"height":1080,"caption":"Asia Property Awards"},"image":{"@id":"https:\/\/www.asiapropertyawards.com\/en\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/asiapropertyawards","https:\/\/x.com\/AsiaPropAwards","https:\/\/www.instagram.com\/asiapropertyawards\/","https:\/\/www.linkedin.com\/showcase\/asia-property-awards","https:\/\/www.youtube.com\/channel\/UCCMEFMU-KW5dEKfb5dPTL9Q"]},{"@type":"Person","@id":"https:\/\/www.asiapropertyawards.com\/en\/#\/schema\/person\/d598baf75e0e9766e7eff8e4d8ab25ca","name":"Al Gerard de la Cruz","description":"Deputy Editor","url":"https:\/\/www.asiapropertyawards.com\/en\/author\/gerard\/"}]}},"_links":{"self":[{"href":"https:\/\/www.asiapropertyawards.com\/en\/wp-json\/wp\/v2\/posts\/3950","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.asiapropertyawards.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.asiapropertyawards.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.asiapropertyawards.com\/en\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.asiapropertyawards.com\/en\/wp-json\/wp\/v2\/comments?post=3950"}],"version-history":[{"count":0,"href":"https:\/\/www.asiapropertyawards.com\/en\/wp-json\/wp\/v2\/posts\/3950\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.asiapropertyawards.com\/en\/wp-json\/wp\/v2\/media\/20250"}],"wp:attachment":[{"href":"https:\/\/www.asiapropertyawards.com\/en\/wp-json\/wp\/v2\/media?parent=3950"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.asiapropertyawards.com\/en\/wp-json\/wp\/v2\/categories?post=3950"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.asiapropertyawards.com\/en\/wp-json\/wp\/v2\/tags?post=3950"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}