{"id":111213,"date":"2019-09-30T10:15:12","date_gmt":"2019-09-30T03:15:12","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/can-hong-kong-break-the-stranglehold-of-the-citys-biggest-developers-on-land-reserves\/"},"modified":"2019-09-30T12:06:49","modified_gmt":"2019-09-30T05:06:49","slug":"can-hong-kong-break-the-stranglehold-of-the-citys-biggest-developers-on-land-reserves","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/can-hong-kong-break-the-stranglehold-of-the-citys-biggest-developers-on-land-reserves\/","title":{"rendered":"Can Hong Kong break the stranglehold of the city\u2019s biggest developers on land reserves?"},"content":{"rendered":"<p>&#013;<br \/>\nWhen Adrian Cheng Chi-kong, the third-generation scion of one of Hong Kong\u2019s biggest landowners, met Ricky Yu in 2016, the seed of an unorthodox idea was planted.Yu, founder of the non-profit builder Light Be, was looking for land to build what his six-year-old group calls social housing, including co-tenancy abodes for single mothers with children. Cheng, then 37, was vice-chairman of one of Hong Kong\u2019s largest developers, owning 12 million sq ft of land, not including another 17 million sq ft\u2026&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/business\/article\/3030704\/can-hong-kong-break-stranglehold-citys-biggest-developers-land-reserves\" target=\"_blank\">Can Hong Kong break the stranglehold of the city\u2019s biggest developers on land reserves?<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; When Adrian Cheng Chi-kong, the third-generation scion of one of Hong Kong\u2019s biggest landowners, met&#46;&#46;&#46;<\/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-111213","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-sVL","jetpack-related-posts":[{"id":114055,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/coronavirus-fails-to-stop-hong-kong-developers-as-new-site-in-lohas-park-draws-nine-bids\/","url_meta":{"origin":111213,"position":0},"title":"Coronavirus fails to stop Hong Kong developers as new site in Lohas Park draws nine bids","date":"February 4, 2020","format":false,"excerpt":"\r Not even the coronavirus outbreak is stopping Hong Kong\u2019s biggest developers from bidding for the biggest plot of land within the Lohas Park residential development in New Territories. The land tender also came with a sweetener in lower land premium.There were nine bids for the 961,100 sq ft (89,290\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":122286,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-keeps-third-quarter-land-supply-steady-as-focus-shifts-to-carrie-lams-october-6-plan-to-ease-citys-housing-shortage\/","url_meta":{"origin":111213,"position":1},"title":"Hong Kong keeps third-quarter land supply steady as focus shifts to Carrie Lam\u2019s October 6 plan to ease city\u2019s housing shortage","date":"September 29, 2021","format":false,"excerpt":"\r Hong Kong\u2019s government will keep its fiscal third-quarter land sale plan the same as three months earlier, as it focuses the spotlight on the final policy address by Chief Executive Carrie Lam Cheng Yuet-ngor on October 6, when she is due to deliver a widely expected blueprint to boost\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":111083,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/henderson-offers-1-million-sq-ft-of-fanling-farmland-for-public-homes-saying-it-would-yield-to-any-seizure-by-hong-kongs-government-of-private-land\/","url_meta":{"origin":111213,"position":2},"title":"Henderson offers 1 million sq ft of Fanling farmland for public homes, saying it would yield to any seizure by Hong Kong\u2019s government of private land","date":"September 26, 2019","format":false,"excerpt":"\r Henderson Land Development, the third-biggest private landowner in Hong Kong, said it would yield to any government seizure of private land for public housing, a day after New World Development donated a fifth of its farmland reserves.\u201cWe will cooperate with the government if it invokes the Lands Resumption Ordinance\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":41650,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-kai-tak-area-to-see-bidding-war-among-developers\/","url_meta":{"origin":111213,"position":3},"title":"Hong Kong\u2019s Kai Tak area to see bidding war among developers","date":"January 24, 2017","format":false,"excerpt":"\r The Hong Kong government\u2019s plan to add 16,000 residential units and 4.3 million sq ft of commercial space in the Kai Tak area - which will be within a 30 minute train ride to Admiralty by 2021 \u2013 is likely to stir up a fierce bidding war for land\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":169073,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-sino-land-and-great-eagle-secure-kowloon-site-for-us206-million\/","url_meta":{"origin":111213,"position":4},"title":"Hong Kong\u2019s Sino Land and Great Eagle secure Kowloon site for US$206 million","date":"January 7, 2026","format":false,"excerpt":"\r A joint venture between Sino Land and Great Eagle Holdings has won a government residential site tender in Kowloon for HK$1.61 billion (US$206 million), outbidding major Hong Kong developers as the city\u2019s housing market shows signs of stabilising. The purchase of the 41,226 sq ft site, which could yield\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":155748,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/henderson-land-signs-jane-street-as-anchor-in-central-hong-kong-project\/","url_meta":{"origin":111213,"position":5},"title":"Henderson Land signs Jane Street as anchor in Central Hong Kong project","date":"June 13, 2025","format":false,"excerpt":"\r Henderson Land Development, one of Hong Kong\u2019s largest developers, has leased a 223,437 sq ft space in its prized mixed-use project in Central to Jane Street Asia in one of the largest leasing transactions in the city\u2019s main business district in decades. The rent for the space, across six\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/111213"}],"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=111213"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/111213\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=111213"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=111213"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=111213"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}