Hong Kong’s land market hasn’t been short of record-breaking deals in the past four years, especially since mainland Chinese developers began taking an interest.
Top local developers have seen their market share decline in terms of acquisitions of government sites as bigger and richer mainland players expand onto their turf.
Sitting on piles of cash and with low gearing, Hong Kong’s big players have taken a different path when it comes to “land banks”, or…
Source : South China Morning Post
Read more…Hong Kong’s top developers adopt different land bank strategies to fend of rising competition















