{"id":107732,"date":"2019-06-03T19:42:50","date_gmt":"2019-06-03T12:42:50","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-developer-happy-with-66pc-jump-in-paper-value-of-the-center\/"},"modified":"2019-06-03T21:03:26","modified_gmt":"2019-06-03T14:03:26","slug":"chinese-developer-happy-with-66pc-jump-in-paper-value-of-the-center","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-developer-happy-with-66pc-jump-in-paper-value-of-the-center\/","title":{"rendered":"Chinese developer happy with 66pc jump in paper value of The Center"},"content":{"rendered":"


\nThe chairman of Chinese developer Yuzhou Properties is a contented man.Lam Lung-on\u2019s company, which owns a floor of The Center, Hong Kong\u2019s most expensive commercial building, has seen the paper value of the investment grow by 66 per cent in just two years.The value of the 58th floor of the iconic office building in Central, which was sold to a group of investors for HK$40.2 billion (US$5.12 billion) in May 2017, has appreciated to about HK$50,000 (US$6,381) per square foot from about HK$30,000\u2026
\n
\nSource : South China Morning Post
\nRead more…Chinese developer happy with 66pc jump in paper value of The Center<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The chairman of Chinese developer Yuzhou Properties is a contented man.Lam Lung-on\u2019s company, which owns...<\/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-107732","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-s1C","jetpack-related-posts":[{"id":108916,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-estates-joseph-lau-pockets-us2-million-paper-gain-after-buying-shares-of-troubled-developer-future-land\/","url_meta":{"origin":107732,"position":0},"title":"Chinese Estates\u2019 Joseph Lau pockets US$2 million paper gain after buying shares of troubled developer Future Land","date":"July 12, 2019","format":false,"excerpt":"\r Joseph Lau Luen-hung, the Hong Kong billionaire owner of Chinese Estates Holdings, is estimated to have pocketed HK$15 million (US$1.9 million) of paper gains in a week through an astute punt in one of China\u2019s biggest real estate developers.Fair Eagle Securities, a wholly-owned unit of Chinese Estates, bought nearly\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":76762,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developer-secures-extension-for-hk2-4-billion-loan-related-to-kai-tak-project\/","url_meta":{"origin":107732,"position":1},"title":"Hong Kong developer secures extension for HK$2.4 billion loan related to Kai Tak project","date":"January 15, 2018","format":false,"excerpt":"\r Chinese conglomerate HNA Group has secured a six-month extension for a HK$2.4 billion (US$306.75 million) bridging loan related to its residential project at the site of Hong Kong\u2019s old airport. Hong Kong International Investment Group, formerly known as HNA Holding International Investment Group, announced the extension before the loan\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":110248,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mainland-chinese-developer-jiayuan-says-hong-kong-micro-flats-profitable-despite-price-cuts-reports-23-per-cent-rise-in-interim-profit\/","url_meta":{"origin":107732,"position":2},"title":"Mainland Chinese developer Jiayuan says Hong Kong micro flats profitable despite price cuts, reports 23 per cent rise in interim profit","date":"August 27, 2019","format":false,"excerpt":"\r The mainland Chinese property developer behind Hong Kong\u2019s smallest micro flats ever \u2013 smaller than a car park at 128 sq ft \u2013 said the development was profitable even after it cut prices by as much as 38 per cent to as low as HK$1.73 million (US$220,514) per unit\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":112674,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sun-hung-kai-pays-a-record-hk42-2-billion-for-austin-road-commercial-plot-in-hong-kongs-costliest-land-tender\/","url_meta":{"origin":107732,"position":3},"title":"Sun Hung Kai pays a record HK$42.2 billion for Austin Road commercial plot in Hong Kong\u2019s costliest land tender","date":"November 27, 2019","format":false,"excerpt":"\r Sun Hung Kai Properties (SHKP), Hong Kong\u2019s largest developer by value, has won the biggest commercial parcel ever sold in the city for a record HK$42.2 billion (US$5.4 billion).The winner beat CK Asset Holdings, a consortium comprising Wharf Holdings, Sino Land, Henderson Land Development, Chinese Estate Holdings and Lifestyle\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":170642,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shkp-hong-kongs-bellwether-developer-posts-36-jump-in-first-half-net-profit\/","url_meta":{"origin":107732,"position":4},"title":"SHKP, Hong Kong\u2019s bellwether developer, posts 36% jump in first-half net profit","date":"February 26, 2026","format":false,"excerpt":"\r Sun Hung Kai Properties (SHKP), Hong Kong\u2019s largest developer by market capitalisation, reported a 36.2 per cent year-on-year jump in first-half net profit to HK$10.25 billion (US$1.3 billion). Revenue rose 32 per cent to HK$52.7 billion for the six months ended December from a year earlier, while operating income\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":105191,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/three-hong-kong-listed-chinese-developers-disappoint-investors-as-earnings-miss-estimates\/","url_meta":{"origin":107732,"position":5},"title":"Three Hong Kong-listed Chinese developers disappoint investors as earnings miss estimates","date":"March 20, 2019","format":false,"excerpt":"\r Three Hong Kong-listed Chinese developers that released their 2018 results on Wednesday missed expectations because of lower-than-expected revenue booking.China Overseas Land & Investment (COLI), the second-largest Hong Kong-traded Chinese developer by market capitalisation, posted an 8.3 per cent increase in core profit while revenue grew just 3.25 per cent.The\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\/107732"}],"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=107732"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/107732\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=107732"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=107732"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=107732"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}