{"id":107479,"date":"2019-05-25T06:30:11","date_gmt":"2019-05-24T23:30:11","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developers-water-down-new-guidelines-on-controversial-sales-through-tender\/"},"modified":"2019-05-25T08:04:04","modified_gmt":"2019-05-25T01:04:04","slug":"hong-kong-developers-water-down-new-guidelines-on-controversial-sales-through-tender","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developers-water-down-new-guidelines-on-controversial-sales-through-tender\/","title":{"rendered":"Hong Kong developers water down new guidelines on controversial sales through tender"},"content":{"rendered":"


\nAn organisation representing Hong Kong\u2019s property developers has relaxed its recent guidelines governing the controversial sale of new flats by tender.The move by the Real Estate Developers Association (REDA) of Hong Kong comes just a week after the city\u2019s biggest developer was prosecuted for breaching official rules around the tender process.The sales method, in which buyers submit their bids in a closed, opaque process without knowing what the prevailing price is, has been heavily criticised\u2026
\n
\nSource : South China Morning Post
\nRead more…Hong Kong developers water down new guidelines on controversial sales through tender<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

An organisation representing Hong Kong\u2019s property developers has relaxed its recent guidelines governing the controversial...<\/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-107479","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-rXx","jetpack-related-posts":[{"id":72927,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-flats-sold-through-tender-are-likely-to-yield-higher-prices-for-developers\/","url_meta":{"origin":107479,"position":0},"title":"Hong Kong flats sold through tender are likely to yield higher prices for developers","date":"November 26, 2017","format":false,"excerpt":"\r Sale by tender appears to be an effective way of boosting the price of flats in Hong Kong, from The Peak to Lohas Park, as opposed to the open market. About 80 per cent of flats put up for sale through tenders have achieved record prices for their particular\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":105729,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developers-should-offer-cheap-new-flats-on-open-market-instead-of-going-through-opaque-tender-process-industry-guild-warns\/","url_meta":{"origin":107479,"position":1},"title":"Hong Kong developers should offer cheap new flats on open market instead of going through opaque tender process, industry guild warns","date":"April 3, 2019","format":false,"excerpt":"\r Hong Kong\u2019s property developers are being urged to offer cheap flats on the open market instead of selling through tender, an opaque marketing tactic that can lead to buyers being overcharged.The Real Estate Developers Association (REDA), which represents 800 members including most construction firms in Hong Kong, said it\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":105771,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developers-promise-to-sell-20-per-cent-of-flats-in-housing-projects-on-open-market-as-government-condemns-unfair-tender-process\/","url_meta":{"origin":107479,"position":2},"title":"Hong Kong developers promise to sell 20 per cent of flats in housing projects on open market as government condemns \u2018unfair\u2019 tender process","date":"April 4, 2019","format":false,"excerpt":"\r The industry body for Hong Kong\u2019s property developers said its members would from now on ensure that 20 per cent of flats in a new project are sold on the open market, as the government warned it could take action against those that sell through tender.Lawmakers have slammed developers\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":108904,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/developers-set-to-unleash-817-flats-in-the-biggest-weekend-sale-since-extradition-bill-protests-rocked-hong-kong\/","url_meta":{"origin":107479,"position":3},"title":"Developers set to unleash 817 flats in the biggest weekend sale since extradition bill protests rocked Hong Kong","date":"July 12, 2019","format":false,"excerpt":"\r Property sales are back in full swing. Six developers are selling 817 units, including Hong Kong\u2019s smallest flat, in the biggest weekend sale since protests against the controversial extradition bill started in early June.Louis Chan, vice-chairman of Asia-Pacific and chief executive of residential division at Centaline Property Agency, said\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":44456,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hk-governments-ap-lei-chau-residential-site-tender-gets-bids-from-14-developers\/","url_meta":{"origin":107479,"position":4},"title":"HK government\u2019s Ap Lei Chau residential site tender gets bids from 14 developers","date":"February 17, 2017","format":false,"excerpt":"\r The Hong Kong government\u2019s tender of a residential site in Ap Lei Chau on Hong Kong island has attracted good response, with 14 bids received from local and mainland developers The waterfront site, which could yield a total gross floor area of 762,091 square feet, can accommodate 1,400 units\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":168309,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developers-test-demand-for-ultra-luxury-homes-with-new-launch-on-the-peak\/","url_meta":{"origin":107479,"position":5},"title":"Hong Kong developers test demand for ultra-luxury homes with new launch on The Peak","date":"December 28, 2025","format":false,"excerpt":"\r Hong Kong property developers are bringing new trophy homes to market, as Wharf Holdings kicked off a tender on Friday for three mansions at its ultra-luxury Plantation Road project on The Peak. The tender marked one of the most closely watched super-luxury home offerings in 2025, following a recent\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\/107479"}],"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=107479"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/107479\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=107479"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=107479"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=107479"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}