{"id":100088,"date":"2018-10-18T08:03:20","date_gmt":"2018-10-18T01:03:20","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/mainland-chinese-developers-eye-hong-kongs-ageing-residential-blocks-for-redevelopment\/"},"modified":"2018-10-18T09:03:25","modified_gmt":"2018-10-18T02:03:25","slug":"mainland-chinese-developers-eye-hong-kongs-ageing-residential-blocks-for-redevelopment","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mainland-chinese-developers-eye-hong-kongs-ageing-residential-blocks-for-redevelopment\/","title":{"rendered":"Mainland Chinese developers eye Hong Kong\u2019s ageing residential blocks for redevelopment"},"content":{"rendered":"


\nA wave of mainland Chinese firms have started hunting for old buildings in Hong Kong\u2019s urban areas, in a bid to acquire cheap land for redevelopment in the world\u2019s most expensive property market.
\nAs of October 4, there were 25 applications submitted by developers for compulsory en-bloc sale, according to data from the Lands Tribunal.
\nThe figure is 60 per cent more than the 11 cases in 2016, and 47 per cent higher than 17 cases filed in 2015.
\n\u201cThe surge is partly driven by the…
\n
\nSource : South China Morning Post
\nRead more…Mainland Chinese developers eye Hong Kong\u2019s ageing residential blocks for redevelopment<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

A wave of mainland Chinese firms have started hunting for old buildings in Hong Kong\u2019s...<\/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-100088","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-q2k","jetpack-related-posts":[{"id":104445,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mainland-chinese-developers-take-redevelopment-route-to-shore-up-hong-kong-land-bank-as-they-fail-to-win-government-tenders\/","url_meta":{"origin":100088,"position":0},"title":"Mainland Chinese developers take redevelopment route to shore up Hong Kong land bank as they fail to win government tenders","date":"February 27, 2019","format":false,"excerpt":"\r Mainland Chinese builders appear to be shifting their Hong Kong land bank strategy by acquiring old buildings for redevelopment, as fierce competition and Beijing\u2019s capital outflow restrictions make it difficult to secure plots in government tenders.Last year, they submitted 39 compulsory en-bloc sale applications to Hong Kong\u2019s Lands Tribunal,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":45838,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-biggest-landowners-usurped-by-mainland-developers\/","url_meta":{"origin":100088,"position":1},"title":"Hong Kong\u2019s biggest landowners usurped by mainland developers","date":"February 28, 2017","format":false,"excerpt":"\r Hong Kong\u2019s largest private landowners and apartment builders have been usurped by capital from north of the border, as mainland Chinese developers snapped up choice land plots to become the new landlords in the city, according to data by a property consultant. Seven developers -- controlled by Hong Kong\u2019s\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":116561,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/developers-use-forced-auctions-to-snap-up-hong-kongs-older-buildings-for-redevelopment-amid-citys-land-shortage\/","url_meta":{"origin":100088,"position":2},"title":"Developers use forced auctions to snap up Hong Kong\u2019s older buildings for redevelopment amid city\u2019s land shortage","date":"May 21, 2020","format":false,"excerpt":"\r Some of Hong Kong\u2019s ageing residential buildings are being snapped up for redevelopment through compulsory purchase orders amid a shortage of land in the city.Billionaire Edwin Leong\u2019s Tai Hung Fai Enterprise bought a 61-year old building in Sai Ying Pun while Hip Shing Hong acquired another old building in\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":54503,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mainland-developers-stay-away-from-hong-kongs-costliest-land-sale-as-remittance-rules-bite\/","url_meta":{"origin":100088,"position":3},"title":"Mainland developers stay away from Hong Kong\u2019s costliest land sale, as remittance rules bite","date":"May 12, 2017","format":false,"excerpt":"\r Mainland Chinese buyers had been setting one price record after another as they snapped up Hong Kong\u2019s commercial land and residential property for the past year. But as the city\u2019s government prepared to sell what could become the costliest land parcel in the city -- the first grade A\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":166976,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-home-prices-to-rise-in-2026-on-the-back-of-mainland-chinese-buyers-rate-cut\/","url_meta":{"origin":100088,"position":4},"title":"Hong Kong home prices to rise in 2026 on the back of mainland Chinese buyers, rate cut","date":"December 10, 2025","format":false,"excerpt":"\r Hong Kong home prices are likely to see up to a 5 per cent boost in 2026 on the back of mainland Chinese buyers, interest rate cuts and fewer unsold new flats, according to analysts. In addition, the stamp duty adjustment and Hong Kong\u2019s resurgent stock market were also\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":55939,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mainland-developers-shy-away-from-hong-kong-land-tenders\/","url_meta":{"origin":100088,"position":5},"title":"Mainland developers shy away from Hong Kong land tenders","date":"May 25, 2017","format":false,"excerpt":"\r Chinese companies continue to shy away from Hong Kong\u2019s land market with just one mainland backed company known to have submitted a bid for a residential site in Yuen Long. MTR Corp said eight developers had submitted bids for the parcel of land at Kam Sheung Road Station 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\/100088"}],"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=100088"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/100088\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=100088"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=100088"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=100088"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}