{"id":4796,"date":"2020-10-14T16:47:02","date_gmt":"2020-10-14T08:47:02","guid":{"rendered":"https:\/\/chftaa.cn\/?p=4796"},"modified":"2026-03-20T16:48:35","modified_gmt":"2026-03-20T08:48:35","slug":"chft-lowers-the-valuation-of-tung-chung-commercial-land-by-20-in-view-of-restrictions-in-the-govt-lease","status":"publish","type":"post","link":"https:\/\/chftaa.cn\/en\/media-news\/chft-lowers-the-valuation-of-tung-chung-commercial-land-by-20-in-view-of-restrictions-in-the-govt-lease\/","title":{"rendered":"CHFT lowers the valuation of Tung Chung commercial land by 20% in view of restrictions in the gov&#8217;t lease."},"content":{"rendered":"\n<p>Tender of Tung Chung Town Lot No. 45 at Area 57, is designated for non-industrial purposes (excluding residential, hotel, godown and petrol-filling station) will close by tomorrow (October 16). Our Alex Leung cuts valuation by 20% from our former view to a revised expectation between HK$3.15 and $3.78 billion reflecting the restrictions under the government lease for mainly office purpose. The office supply from this land will represent 7 times of the existing office stock in Tung Chung.<\/p>\n\n\n\n<p id=\"viewer-gi9lj1315\">HKET: <a href=\"https:\/\/lnkd.in\/g4838bG\" target=\"_blank\" rel=\"noreferrer noopener\"><u>https:\/\/lnkd.in\/g4838bG<\/u><\/a><br>Metro Radio: <a href=\"https:\/\/bit.ly\/37axohI\" target=\"_blank\" rel=\"noreferrer noopener\"><u>https:\/\/bit.ly\/37axohI<\/u><\/a><br>Yahoo Finance: <a href=\"https:\/\/bit.ly\/3nNWQjb\" target=\"_blank\" rel=\"noreferrer noopener\"><u>https:\/\/bit.ly\/3nNWQjb<\/u><\/a><\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tender of Tung Chung Town Lot No. 45 at Area 57, is designated for non-industrial purposes (excluding residential, hotel, godown and petrol-filling station) will close by tomorrow (October 16). Our Alex Leung cuts valuation by 20% from our former view to a revised expectation between HK$3.15 and $3.78 billion reflecting the restrictions under the government&#8230;<\/p>\n","protected":false},"author":1,"featured_media":4798,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"elementor_theme","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[],"class_list":["post-4796","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-media-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>CHFT lowers the valuation of Tung Chung commercial land by 20% in view of restrictions in the gov&#039;t lease. - \u5e7f\u5dde\u534e\u574a\u54a8\u8be2\u670d\u52a1\u6709\u9650\u516c\u53f8<\/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:\/\/chftaa.cn\/en\/media-news\/chft-lowers-the-valuation-of-tung-chung-commercial-land-by-20-in-view-of-restrictions-in-the-govt-lease\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CHFT lowers the valuation of Tung Chung commercial land by 20% in view of restrictions in the gov&#039;t lease. - \u5e7f\u5dde\u534e\u574a\u54a8\u8be2\u670d\u52a1\u6709\u9650\u516c\u53f8\" \/>\n<meta property=\"og:description\" content=\"Tender of Tung Chung Town Lot No. 45 at Area 57, is designated for non-industrial purposes (excluding residential, hotel, godown and petrol-filling station) will close by tomorrow (October 16). Our Alex Leung cuts valuation by 20% from our former view to a revised expectation between HK$3.15 and $3.78 billion reflecting the restrictions under the government...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/chftaa.cn\/en\/media-news\/chft-lowers-the-valuation-of-tung-chung-commercial-land-by-20-in-view-of-restrictions-in-the-govt-lease\/\" \/>\n<meta property=\"og:site_name\" content=\"\u5e7f\u5dde\u534e\u574a\u54a8\u8be2\u670d\u52a1\u6709\u9650\u516c\u53f8\" \/>\n<meta property=\"article:published_time\" content=\"2020-10-14T08:47:02+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-03-20T08:48:35+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/chftaa.cn\/wp-content\/uploads\/2020\/10\/CHFT-lowers-the-valuation-of-Tung-Chung-commercial-land-by-20-in-view-of-restrictions-in-the-govt-lease.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1134\" \/>\n\t<meta property=\"og:image:height\" content=\"1134\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Ip Fung\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ip Fung\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/chftaa.cn\\\/en\\\/media-news\\\/chft-lowers-the-valuation-of-tung-chung-commercial-land-by-20-in-view-of-restrictions-in-the-govt-lease\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/chftaa.cn\\\/en\\\/media-news\\\/chft-lowers-the-valuation-of-tung-chung-commercial-land-by-20-in-view-of-restrictions-in-the-govt-lease\\\/\"},\"author\":{\"name\":\"Ip Fung\",\"@id\":\"https:\\\/\\\/chftaa.cn\\\/en\\\/#\\\/schema\\\/person\\\/6da01ee403ff00ed34ed7596cf4ec866\"},\"headline\":\"CHFT lowers the valuation of Tung Chung commercial land by 20% in view of restrictions in the gov&#8217;t lease.\",\"datePublished\":\"2020-10-14T08:47:02+00:00\",\"dateModified\":\"2026-03-20T08:48:35+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/chftaa.cn\\\/en\\\/media-news\\\/chft-lowers-the-valuation-of-tung-chung-commercial-land-by-20-in-view-of-restrictions-in-the-govt-lease\\\/\"},\"wordCount\":109,\"publisher\":{\"@id\":\"https:\\\/\\\/chftaa.cn\\\/en\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/chftaa.cn\\\/en\\\/media-news\\\/chft-lowers-the-valuation-of-tung-chung-commercial-land-by-20-in-view-of-restrictions-in-the-govt-lease\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/chftaa.cn\\\/wp-content\\\/uploads\\\/2020\\\/10\\\/CHFT-lowers-the-valuation-of-Tung-Chung-commercial-land-by-20-in-view-of-restrictions-in-the-govt-lease.jpg\",\"articleSection\":[\"Media &amp; News\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/chftaa.cn\\\/en\\\/media-news\\\/chft-lowers-the-valuation-of-tung-chung-commercial-land-by-20-in-view-of-restrictions-in-the-govt-lease\\\/\",\"url\":\"https:\\\/\\\/chftaa.cn\\\/en\\\/media-news\\\/chft-lowers-the-valuation-of-tung-chung-commercial-land-by-20-in-view-of-restrictions-in-the-govt-lease\\\/\",\"name\":\"CHFT lowers the valuation of Tung Chung commercial land by 20% in view of restrictions in the gov't lease. - 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