{"id":108852,"date":"2019-07-10T07:00:17","date_gmt":"2019-07-10T00:00:17","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-cities-experiment-with-new-approach-to-land-sales-while-hong-kong-sticks-with-highest-bidder-model\/"},"modified":"2019-07-10T08:08:40","modified_gmt":"2019-07-10T01:08:40","slug":"chinese-cities-experiment-with-new-approach-to-land-sales-while-hong-kong-sticks-with-highest-bidder-model","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-cities-experiment-with-new-approach-to-land-sales-while-hong-kong-sticks-with-highest-bidder-model\/","title":{"rendered":"Chinese cities experiment with new approach to land sales while Hong Kong sticks with highest-bidder model"},"content":{"rendered":"


\nLocal authorities in many mainland cities are exploring new ways of awarding land to developers as they seek to curb property prices, throwing the spotlight on Hong Kong\u2019s long-established practice of simply picking the highest \u00adbidder.Among the new land sale models, some apply administrative limits on how much developers can charge for completed units as a way to help maintain \u00adaffordability, while others include requirements for public housing or picking bidders offering close to an average\u2026
\n
\nSource : South China Morning Post
\nRead more…Chinese cities experiment with new approach to land sales while Hong Kong sticks with highest-bidder model<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Local authorities in many mainland cities are exploring new ways of awarding land to developers...<\/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-108852","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-sjG","jetpack-related-posts":[{"id":123509,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-property-firms-pick-up-assets-on-the-cheap-from-stricken-mainland-chinese-developers\/","url_meta":{"origin":108852,"position":0},"title":"Hong Kong property firms pick up assets on the cheap from stricken mainland Chinese developers","date":"November 30, 2021","format":false,"excerpt":"\r Mid-sized Hong Kong property firms are picking up residential plots at heavily discounted prices from cash-strapped mainland Chinese developers who are speeding up asset sales to repay debt.Far East Consortium International recently snapped up two land parcels, one of which was from the heavily indebted Kaisa Group Holdings.\u201cWe may\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":171818,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/non-traditional-bidder-tops-titans-bids-in-hong-kong-land-sale-with-aggressive-pricing\/","url_meta":{"origin":108852,"position":1},"title":"Non-traditional bidder tops titans\u2019 bids in Hong Kong land sale with \u2018aggressive pricing\u2019","date":"May 19, 2026","format":false,"excerpt":"\r Hong Kong construction and engineering company Able Engineering has secured a residential site in Tung Chung for a higher-than-expected HK$1.627 billion (US$207 million) premium, outbidding five groups of major developers in the city. Able Best, a construction and private development unit of Able Engineering, secured a 50-year land grant\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":81181,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-developers-adopt-low-profile-approach-to-land-buys\/","url_meta":{"origin":108852,"position":2},"title":"Chinese developers adopt low profile approach to land buys","date":"February 27, 2018","format":false,"excerpt":"\r Chinese developers are changing the way they acquire land in Hong Kong, shying away from headline-grabbing public land auctions in favour of private sales, amid continuing scrutiny by mainland authorities on overseas property investments. Last year China\u2019s 12 biggest developers generated 2.55 trillion yuan (US$404.63 billion) in revenue from\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":108388,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shenzhens-largest-residential-land-sale-since-2001-draws-the-attention-of-more-than-80-chinese-and-hong-kong-developers\/","url_meta":{"origin":108852,"position":3},"title":"Shenzhen\u2019s largest residential land sale since 2001 draws the attention of more than 80 Chinese and Hong Kong developers","date":"June 24, 2019","format":false,"excerpt":"\r More than 80 Chinese and Hong Kong developers are expected to engage in fierce bidding when the tender for five residential sites in Shenzhen opens on Monday, as the city known for its scarce land supply, auctions the largest volume of land in a single day in nearly two\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"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":108852,"position":4},"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":90602,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developers-resume-buying-land-in-mainland-china-after-five-year-hiatus\/","url_meta":{"origin":108852,"position":5},"title":"Hong Kong developers resume buying land in mainland China after five-year hiatus","date":"June 6, 2018","format":false,"excerpt":"\r After an absence of nearly five years, Hong Kong developers have resumed their land acquisitions in leading mainland Chinese cities, taking advantage of tighter credit conditions that have sidelined local rivals. The investments come at a time when Hong Kong land values have surged to fresh records, prompting property\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\/108852"}],"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=108852"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/108852\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=108852"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=108852"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=108852"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}