{"id":36146,"date":"2016-11-27T19:32:41","date_gmt":"2016-11-27T12:32:41","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developers-more-aggressive-in-buying-land-in-face-of-competition-from-mainland-rivals\/"},"modified":"2016-11-27T19:38:55","modified_gmt":"2016-11-27T12:38:55","slug":"hong-kong-developers-more-aggressive-in-buying-land-in-face-of-competition-from-mainland-rivals","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developers-more-aggressive-in-buying-land-in-face-of-competition-from-mainland-rivals\/","title":{"rendered":"Hong Kong developers more aggressive in buying land in face of competition from mainland rivals"},"content":{"rendered":"<p>&#013;<br \/>\nHong Kong developers are more aggressive in government land sales in the face of tough competition from cashed up mainland rivals that continue on their acquisition binge as the value of the yuan tumbles, says Donald Choi Wun-hing, managing director of Nan Fung Development.<br \/>\nHis remarks come after Hong Kong developers outbid mainland rivals to secure 19 out of 21 government sites available in the seven months to November, compared with 13 out of 20 plots for the whole of the previous financial&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"http:\/\/www.scmp.com\/property\/hong-kong-china\/article\/2049605\/hong-kong-developers-more-aggressive-buying-land-face\" target=\"_blank\">Hong Kong developers more aggressive in buying land in face of competition from mainland rivals<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Hong Kong developers are more aggressive in government land sales in the face of tough&#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-36146","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\/p75ss1-9p0","jetpack-related-posts":[{"id":118240,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/competition-heats-up-as-hong-kong-developers-take-on-mainland-chinese-rivals-to-buy-land-next-to-bay-areas-high-speed-railway-stations\/","url_meta":{"origin":36146,"position":0},"title":"Competition heats up as Hong Kong developers take on mainland Chinese rivals to buy land next to bay area\u2019s high-speed railway stations","date":"August 16, 2020","format":false,"excerpt":"\r Land adjacent to railway stations in the Greater Bay Area may become a battlefield for Hong Kong developers as rental income and capital appreciation from properties close to transport links are likely to generate big returns, according to property executives and agents.In the next three to five years, 18\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":46993,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developers-to-push-sales-after-record-land-purchases-by-mainland-rivals\/","url_meta":{"origin":36146,"position":1},"title":"Hong Kong developers to push sales after record land purchases by mainland rivals","date":"March 7, 2017","format":false,"excerpt":"\r Hong Kong developers will be the major beneficiary of recent government land sold for shockingly high prices to mainland rivals as they take advantage of positive market sentiment to cash in on the sales upswing. Sales of new homes saw a week-on-week increase of 70 per cent over March\u2026","rel":"","context":"In &quot;Property News&quot;","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":36146,"position":2},"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 &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":113889,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mainland-chinese-developers-are-returning-to-hong-kong-land-tenders-as-loss-of-appetite-among-local-rivals-brings-prices-down\/","url_meta":{"origin":36146,"position":3},"title":"Mainland Chinese developers are returning to Hong Kong land tenders as loss of appetite among local rivals brings prices down","date":"January 27, 2020","format":false,"excerpt":"\r More mainland Chinese developers will return to the Hong Kong land market as it becomes easier to outbid their local rivals who are holding back amid the city\u2019s gloomy economic outlook, say industry experts.They have already won three government tenders for sites in the current financial year, without having\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":22620,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/this-is-the-reason-mainland-china-buyers-converge-in-hong-kong\/","url_meta":{"origin":36146,"position":4},"title":"This is the reason mainland China buyers converge in Hong Kong","date":"August 11, 2016","format":false,"excerpt":"\r Buyers from the mainland are buying residential land in the Chinese SAR in a big way Central district in Hong Kong. Image credit: IQRemix (Flickr) Fears of a devalued yuan have seen buyers from mainland China pour HKD58 billion (USD7.5 billion) on residential land and office building acquisitions in\u2026","rel":"","context":"In &quot;Property News&quot;","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":36146,"position":5},"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 &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\/36146"}],"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=36146"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/36146\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=36146"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=36146"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=36146"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}