{"id":121380,"date":"2021-08-11T18:02:13","date_gmt":"2021-08-11T11:02:13","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/alibaba-affiliate-ant-group-pays-us202-million-for-second-plot-of-land-in-its-hometown-of-hangzhou\/"},"modified":"2021-08-11T19:06:22","modified_gmt":"2021-08-11T12:06:22","slug":"alibaba-affiliate-ant-group-pays-us202-million-for-second-plot-of-land-in-its-hometown-of-hangzhou","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/alibaba-affiliate-ant-group-pays-us202-million-for-second-plot-of-land-in-its-hometown-of-hangzhou\/","title":{"rendered":"Alibaba affiliate Ant Group pays US$202 million for second plot of land in its hometown of Hangzhou"},"content":{"rendered":"


\nAnt 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 yield a total gross floor area of 325,795 square metres, works out to 4,035 yuan per square metre. Ant, an affiliate of Alibaba Group Holding, the owner of this newspaper, paid about 22 per\u2026
\n
\nSource : South China Morning Post
\nRead more…Alibaba affiliate Ant Group pays US2 million for second plot of land in its hometown of Hangzhou<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Ant Group, controlled by Chinese billionaire Jack Ma, on Tuesday won a large commercial site...<\/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-121380","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-vzK","jetpack-related-posts":[{"id":139957,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/ant-group-buys-land-to-expand-hq-as-fintech-firm-and-alipay-operator-emerges-from-shadow-of-chinas-tech-crackdown\/","url_meta":{"origin":121380,"position":0},"title":"Ant Group buys land to expand HQ as fintech firm and Alipay operator emerges from shadow of China\u2019s tech crackdown","date":"October 20, 2023","format":false,"excerpt":"\r The affiliate of Alibaba Group Holding pays 1.54 billion yuan (US$210.5 million) for a parcel for new office buildings in Hangzhou, a \u2018clear sign\u2019 that Ant is \u2018back on its growth track\u2019, a property investor says.\r \r Source : South China Morning Post\r Read more...Ant Group buys land to\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":118516,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hangzhou-home-to-chinas-new-billionaires-gets-a-dose-of-property-cooling-measures-as-peak-demand-looms\/","url_meta":{"origin":121380,"position":1},"title":"Hangzhou, home to China\u2019s new billionaires, gets a dose of property-cooling measures as peak demand looms","date":"September 6, 2020","format":false,"excerpt":"\r China has taken another step to plug a hole in its household registration system to prevent excessive speculation in its 16 trillion yuan (US$2.3 trillion\/HKS$) housing market as the economy emerges from a historic slump.After a pre-emptive strike in Shenzhen in July and Nantong in December, authorities have now\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":109486,"url":"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\/","url_meta":{"origin":121380,"position":2},"title":"Hong Kong\u2019s New World Development takes advantage of Hangzhou land price curbs, wins plot for 9.8 billion yuan","date":"July 30, 2019","format":false,"excerpt":"\r Hong 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\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":143016,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hangzhou-home-to-alibaba-and-geely-turns-market-friendly-by-scrapping-more-barriers-to-revive-home-sales\/","url_meta":{"origin":121380,"position":3},"title":"Hangzhou, home to Alibaba and Geely, turns market-friendly by scrapping more barriers to revive home sales","date":"March 14, 2024","format":false,"excerpt":"\r The local government in Hangzhou has taken another drastic move to ease home-purchase restrictions, after an effort last year failed to sustain a rebound in the housing market.\r \r Source : South China Morning Post\r Read more...Hangzhou, home to Alibaba and Geely, turns market-friendly by scrapping more barriers to\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":133526,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/alibaba-tencent-lay-offs-burst-property-bubbles-in-headquarters-cities-of-hangzhou-shenzhen-sending-prices-plunging\/","url_meta":{"origin":121380,"position":4},"title":"Alibaba, Tencent lay-offs burst property bubbles in headquarters cities of Hangzhou, Shenzhen, sending prices plunging","date":"January 2, 2023","format":false,"excerpt":"\r A wave of job cuts has sent the home market reeling in neighbourhoods where waves of tech professionals \u2013 flush with high salaries and housing perks \u2013 drove prices upwards in recent years.\r \r Source : South China Morning Post\r Read more...Alibaba, Tencent lay-offs burst property bubbles in headquarters\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":162837,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/alibaba-ant-buy-hong-kong-offices-in-citys-biggest-deal-since-2021\/","url_meta":{"origin":121380,"position":5},"title":"Alibaba, Ant buy Hong Kong offices, in city\u2019s biggest deal since 2021","date":"October 17, 2025","format":false,"excerpt":"\r Alibaba Group Holding and Ant Group have agreed to pay HK$7.2 billion (US$925 million) to buy the top floors of a Causeway Bay office tower that Mandarin Oriental International is building on the site of The Excelsior hotel, marking Hong Kong\u2019s largest real estate transactions since 2021. Alibaba 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\/121380"}],"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=121380"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/121380\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=121380"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=121380"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=121380"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}