{"id":124200,"date":"2022-01-12T06:30:21","date_gmt":"2022-01-11T23:30:21","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/kerry-properties-becomes-latest-hong-kong-developer-to-make-huge-land-acquisition-in-china\/"},"modified":"2022-01-12T07:11:06","modified_gmt":"2022-01-12T00:11:06","slug":"kerry-properties-becomes-latest-hong-kong-developer-to-make-huge-land-acquisition-in-china","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/kerry-properties-becomes-latest-hong-kong-developer-to-make-huge-land-acquisition-in-china\/","title":{"rendered":"Kerry Properties becomes latest Hong Kong developer to make huge land acquisition in China"},"content":{"rendered":"


\nHong Kong\u2019s biggest developers continue to buy prime land sites in top-tier cities in mainland China, as they take advantage of the general malaise among competitors that are struggling to survive an unprecedented debt load in the industry.Kerry Properties, controlled by the Malaysian billionaire Robert Kuok, paid 13.3 billion yuan (US$2.1 billion) for four plots of mixed-use land in Shanghai during the municipal government\u2019s first auction of the year on January 4. It plans to turn the site\u2026
\n
\nSource : South China Morning Post
\nRead more…Kerry Properties becomes latest Hong Kong developer to make huge land acquisition in China<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Hong Kong\u2019s biggest developers continue to buy prime land sites in top-tier cities in mainland...<\/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-124200","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-wje","jetpack-related-posts":[{"id":123098,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/small-hong-kong-developers-spend-us2-6-billion-in-land-property-acquisition-binge-in-past-12-months\/","url_meta":{"origin":124200,"position":0},"title":"Small Hong Kong developers spend US$2.6 billion in land, property acquisition binge in past 12 months","date":"November 9, 2021","format":false,"excerpt":"\r Hong Kong\u2019s small and mid-sized developers are accelerating their pace of accumulating land banks as they bet on an economic revival and chronic housing shortage to keep home prices at elevated levels.Wang On Properties, Kowloon Development, HKR International and Lai Sun Development have invested nearly HK$20 billion (US$2.6 billion)\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":119500,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developer-hang-lung-says-deal-for-uss-shouson-hill-property-on-track-but-delay-in-registration-is-raising-eyebrows-in-market\/","url_meta":{"origin":124200,"position":1},"title":"Hong Kong developer Hang Lung says deal for US\u2019s Shouson Hill property on track, but delay in registration is raising eyebrows in market","date":"December 10, 2020","format":false,"excerpt":"\r Hong Kong-based Hang Lung Properties said on Wednesday that it expects its HK$2.56 billion (US$330.2 million) acquisition of property at 37 Shouson Hill Road from the United States government to go through as planned.\u201cWe expect to complete the transaction according to the timeline stated in the sales and purchase\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":119073,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/consortium-of-hong-kong-and-mainland-developers-wins-bid-for-last-parcel-of-land-in-lohas-park\/","url_meta":{"origin":124200,"position":2},"title":"Consortium of Hong Kong and mainland developers wins bid for last parcel of land in Lohas Park","date":"October 31, 2020","format":false,"excerpt":"\r A consortium of Hong Kong and mainland developers trumped eight bidders to win the last parcel of land in Hong Kong\u2019s largest residential enclave that would require an investment of up to HK$20 billion (US$2.6 billion).The tender for phase 13 development of Lohas Park in Tseung Kwan O has\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":170654,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developer-sino-land-posts-steady-profit-points-to-clear-market-improvements\/","url_meta":{"origin":124200,"position":3},"title":"Hong Kong developer Sino Land posts steady profit, points to clear market improvements","date":"February 27, 2026","format":false,"excerpt":"\r Major Hong Kong developer Sino Land posted a steady net profit for the six months ended December, propped up by early gains from a recovery in the city\u2019s residential property market. Sino Land reported a net profit of HK$2.22 billion (US$284 million) in the first half of its current\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":118985,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/worlds-costliest-office-market-shows-first-signs-of-weakness-as-hong-kong-withdraws-biggest-commercial-site-this-year-developer-cuts-rent-at-kai-tak-tower-by-20-per-cent\/","url_meta":{"origin":124200,"position":4},"title":"World\u2019s costliest office market shows first signs of weakness, as Hong Kong withdraws biggest commercial site this year, developer cuts rent at Kai Tak tower by 20 per cent","date":"October 21, 2020","format":false,"excerpt":"\r In the first signs of a slowdown in Hong Kong\u2019s office property market, the government withdrew this year\u2019s largest commercial site from tender, while Nan Fung Development lowered the asking rent for a grade A office tower under construction at Kai Tak by up to 20 per cent.Bids for\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":138921,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developer-kerry-confident-in-chinas-prospects-as-it-starts-work-on-landmark-shanghai-project\/","url_meta":{"origin":124200,"position":5},"title":"Hong Kong developer Kerry \u2018confident in China\u2019s prospects\u2019 as it starts work on landmark Shanghai project","date":"August 24, 2023","format":false,"excerpt":"\r Kerry Properties has broken ground on a massive mixed-use project in Shanghai, just two months after it won a tender for a prime site in the city centre.\r \r Source : South China Morning Post\r Read more...Hong Kong developer Kerry \u2018confident in China\u2019s prospects\u2019 as it starts work on\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\/124200"}],"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=124200"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/124200\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=124200"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=124200"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=124200"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}