{"id":39195,"date":"2016-12-29T17:18:39","date_gmt":"2016-12-29T10:18:39","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-developers-hong-kong-government-says-xie-xie\/"},"modified":"2016-12-29T17:21:54","modified_gmt":"2016-12-29T10:21:54","slug":"chinese-developers-hong-kong-government-says-xie-xie","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-developers-hong-kong-government-says-xie-xie\/","title":{"rendered":"Chinese developers, Hong Kong government says xie xie"},"content":{"rendered":"


\nHong Kong\u2019s government revenue from land sales rose to a record HK$71.88 billion in the first nine months of the 2016 fiscal year ending March 31, as HNA Group led mainland Chinese developers in their buying spree in the city.
\nWith the final HK$5.868 billion from a sale at the former Kai Tak airport, land revenue made up 30 per cent of the city government\u2019s income for the first three quarters, surpassing the previous full-year record of HK$66.9 billion in the 2011 fiscal year and…
\n
\nSource : South China Morning Post
\nRead more…Chinese developers, Hong Kong government says xie xie<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Hong Kong\u2019s government revenue from land sales rose to a record HK$71.88 billion in the...<\/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-39195","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-acb","jetpack-related-posts":[{"id":105191,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/three-hong-kong-listed-chinese-developers-disappoint-investors-as-earnings-miss-estimates\/","url_meta":{"origin":39195,"position":0},"title":"Three Hong Kong-listed Chinese developers disappoint investors as earnings miss estimates","date":"March 20, 2019","format":false,"excerpt":"\r Three Hong Kong-listed Chinese developers that released their 2018 results on Wednesday missed expectations because of lower-than-expected revenue booking.China Overseas Land & Investment (COLI), the second-largest Hong Kong-traded Chinese developer by market capitalisation, posted an 8.3 per cent increase in core profit while revenue grew just 3.25 per cent.The\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":119620,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-government-to-sell-four-plots-next-quarter-as-it-looks-to-shore-up-its-land-sales-revenue\/","url_meta":{"origin":39195,"position":1},"title":"Hong Kong government to sell four plots next quarter as it looks to shore up its land sales revenue","date":"December 29, 2020","format":false,"excerpt":"\r Hong Kong\u2019s government, staring at its biggest fiscal deficit in years, faces about HK$60 billion (US$7.7 billion) of potential shortfall in land sales revenue as developers\u2019 cautious approach to investment had forced several commercial sites to be withdrawn from tender.The government is pressing ahead with selling four parcels of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":84682,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/25-hong-kong-and-mainland-chinese-developers-bid-for-tsing-yi-site-despite-not-that-ideal-assessment\/","url_meta":{"origin":39195,"position":2},"title":"25 Hong Kong and mainland Chinese developers bid for Tsing Yi site despite \u2018not that ideal\u2019 assessment","date":"April 6, 2018","format":false,"excerpt":"\r The tender for a non-industrial site in Tsing Yi attracted 25 bids on Friday, with developers ignoring the site\u2019s location and small size in a sign of hunger for land in the world\u2019s most expensive city.\u00a0 The site, at the junction of Liu To Road and Hang Mei Street,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":84888,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-developers-make-a-move-on-secondary-property-market-in-hong-kong\/","url_meta":{"origin":39195,"position":3},"title":"Chinese developers make a move on secondary property market in Hong Kong \u00a0","date":"April 10, 2018","format":false,"excerpt":"\r Mainland investors\u2019 appetite for property in Hong Kong is showing no signs of abating despite sky-high prices and capital control measures.\u00a0\u00a0\u00a0\u00a0 Since the second half of last year, deep-pocketed developers from the mainland have shifted from bidding for land to acquiring existing property. In March alone, there were four\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":113477,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-faces-hk10-billion-potential-shortfall-in-land-sales-revenue-as-city-faces-first-fiscal-deficit-in-15-years\/","url_meta":{"origin":39195,"position":4},"title":"Hong Kong faces HK$10 billion potential shortfall in land sales revenue as city faces first fiscal deficit in 15 years","date":"January 8, 2020","format":false,"excerpt":"\r Hong Kong is likely to miss its target of collecting HK$143 billion (US$18.3 billion) in revenue from land sales and premium revenue in the current financial year to March 31, likely contributing to the city\u2019s first budget deficit in 15 years.The government has generated HK$113.8 billion of such revenue\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":38282,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/still-keen-kai-tak-site-draws-18-bids-as-hong-kong-developers-maintain-interest-for-land\/","url_meta":{"origin":39195,"position":5},"title":"Still keen: Kai Tak site draws 18 bids as Hong Kong developers maintain interest for land","date":"December 16, 2016","format":false,"excerpt":"\r Property developers submitted at least 18 bids for a parcel of land at Hong Kong\u2019s former Kai Tak airport, a day after the long-awaited interest rate increase by the US Federal and Hong Kong Monetary Authority. The parcel, adjacent to a Kai Tak site that sold for a record\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\/39195"}],"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=39195"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/39195\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=39195"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=39195"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=39195"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}