{"id":109486,"date":"2019-07-30T18:00:13","date_gmt":"2019-07-30T11:00:13","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-new-world-development-takes-advantage-of-hangzhou-land-price-curbs-wins-plot-for-9-8-billion-yuan\/"},"modified":"2019-07-30T18:03:53","modified_gmt":"2019-07-30T11:03:53","slug":"hong-kongs-new-world-development-takes-advantage-of-hangzhou-land-price-curbs-wins-plot-for-9-8-billion-yuan","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-new-world-development-takes-advantage-of-hangzhou-land-price-curbs-wins-plot-for-9-8-billion-yuan\/","title":{"rendered":"Hong Kong\u2019s New World Development takes advantage of Hangzhou land price curbs, wins plot for 9.8 billion yuan"},"content":{"rendered":"


\nHong Kong property company New World Development took advantage of a newly introduced price cap to win a commercial-residential plot of land in downtown Hangzhou for 9.8 billion yuan (US$1.4 billion), a shade higher than the starting bid of 9.6 billion yuan, it said on Tuesday. The deal represents New World\u2019s first foray into Hangzhou.The 93,364 square metre plot, the latest among nine sites the Hangzhou government is offering during a two-day auction, was also the first to be sold under the\u2026
\n
\nSource : South China Morning Post
\nRead more…Hong Kong\u2019s New World Development takes advantage of Hangzhou land price curbs, wins plot for 9.8 billion yuan<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Hong Kong property company New World Development took advantage of a newly introduced price cap...<\/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-109486","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-stU","jetpack-related-posts":[{"id":89714,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hang-lung-snaps-up-prime-hangzhou-plot-for-us1-7b\/","url_meta":{"origin":109486,"position":0},"title":"Hang Lung snaps up prime Hangzhou plot for US$1.7b","date":"May 29, 2018","format":false,"excerpt":"\r Hang Lung is paying 10.7 billion yuan (US$1.7 billion) for a parcel of prime commercial land in Hangzhou in eastern China \u2013 the Hong Kong firm\u2019s first mainland purchase in five years. The land is believed to be the most expensive plot for commercial project development in the capital\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":121380,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/alibaba-affiliate-ant-group-pays-us202-million-for-second-plot-of-land-in-its-hometown-of-hangzhou\/","url_meta":{"origin":109486,"position":1},"title":"Alibaba affiliate Ant Group pays US$202 million for second plot of land in its hometown of Hangzhou","date":"August 11, 2021","format":false,"excerpt":"\r Ant Group, controlled by Chinese billionaire Jack Ma, on Tuesday won a large commercial site in Hangzhou, its second in its hometown for 1.31 billion yuan (US$202 million), according to the city government records.The price of the land in Zhijiang National Tourist Resort Area, West Lake district, which can\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":53986,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-developer-greentown-agrees-to-sell-two-subsidiaries-for-3-47bn-yuan\/","url_meta":{"origin":109486,"position":2},"title":"China developer Greentown agrees to sell two subsidiaries for 3.47bn yuan","date":"May 7, 2017","format":false,"excerpt":"\r Hangzhou-based developer Greentown China Holdings, the country\u2019s ninth largest developer in terms of sales, has agreed to sell two wholly owned subsidiaries to China Investment for a combined 3.47 billion yuan (US$503 million), according to a Hong Kong stock exchange filing on Sunday. Greentown will sell its entire stake\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":107854,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hangzhou-takes-no-1-spot-for-land-sales-in-china-raising-funds-amid-construction-binge-for-2022-asian-games\/","url_meta":{"origin":109486,"position":3},"title":"Hangzhou takes No 1 spot for land sales in China, raising funds amid construction binge for 2022 Asian Games","date":"June 6, 2019","format":false,"excerpt":"\r Hangzhou, the provincial capital of the third most indebted Chinese region, raised more funds through land sales than any other Chinese city in the first five months of this year, as the local authority grapples with how to pay for a massive infrastructure and construction binge ahead of the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":118315,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-listed-developer-shenzhen-investment-wins-plot-in-guangzhous-nansha-district-with-record-bid-of-us578-million\/","url_meta":{"origin":109486,"position":4},"title":"Hong Kong-listed developer Shenzhen Investment wins plot in Guangzhou\u2019s Nansha district with record bid of US$578 million","date":"August 21, 2020","format":false,"excerpt":"\r Hong Kong-listed Shenzhen Investment has won the bid for a plot of land in Guangzhou\u2019s Nansha district for 4 billion yuan (US$578 million), setting a new price benchmark in the Greater Bay Area city.The plot is located on Henglidao, an island in Nansha that will be developed into a\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":171702,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-hang-lung-trims-the-gloss-to-turn-up-the-experience-in-hangzhou-debut\/","url_meta":{"origin":109486,"position":5},"title":"Hong Kong\u2019s Hang Lung trims the gloss to turn up the experience in Hangzhou debut","date":"May 4, 2026","format":false,"excerpt":"\r Hang Lung Properties has unveiled its flagship Hangzhou development with a noticeably lighter luxury mix, signalling a pivot towards lifestyle and experience-led retail as consumer tastes in mainland China evolve. Westlake 66, located in Hangzhou\u2019s Wulin central business district, spans about 390,000 square metres (4.2 million sq ft) and\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\/109486"}],"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=109486"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/109486\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=109486"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=109486"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=109486"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}