{"id":46993,"date":"2017-03-07T14:03:44","date_gmt":"2017-03-07T07:03:44","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developers-to-push-sales-after-record-land-purchases-by-mainland-rivals\/"},"modified":"2017-03-07T14:12:51","modified_gmt":"2017-03-07T07:12:51","slug":"hong-kong-developers-to-push-sales-after-record-land-purchases-by-mainland-rivals","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developers-to-push-sales-after-record-land-purchases-by-mainland-rivals\/","title":{"rendered":"Hong Kong developers to push sales after record land purchases by mainland rivals"},"content":{"rendered":"<p>&#013;<br \/>\nHong 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.<br \/>\nSales of new homes saw a week-on-week increase of 70 per cent over March 3-4 after two residential sites in Ap Lei Chau and Wong Chuk Hang were sold to mainland developers at record prices.<br \/>\nMajor developers including Cheung Kong Property and Sun Hung Kai Properties (SHKP) raised prices&#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\/2076499\/hong-kong-developers-push-sales-after-record-land-purchases\" target=\"_blank\">Hong Kong developers to push sales after record land purchases by mainland rivals<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Hong Kong developers will be the major beneficiary of recent government land sold for shockingly&#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-46993","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-cdX","jetpack-related-posts":[{"id":36146,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developers-more-aggressive-in-buying-land-in-face-of-competition-from-mainland-rivals\/","url_meta":{"origin":46993,"position":0},"title":"Hong Kong developers more aggressive in buying land in face of competition from mainland rivals","date":"November 27, 2016","format":false,"excerpt":"\r Hong 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. His remarks come after Hong\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":46993,"position":1},"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":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":46993,"position":2},"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":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":46993,"position":3},"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":123509,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-property-firms-pick-up-assets-on-the-cheap-from-stricken-mainland-chinese-developers\/","url_meta":{"origin":46993,"position":4},"title":"Hong Kong property firms pick up assets on the cheap from stricken mainland Chinese developers","date":"November 30, 2021","format":false,"excerpt":"\r Mid-sized Hong Kong property firms are picking up residential plots at heavily discounted prices from cash-strapped mainland Chinese developers who are speeding up asset sales to repay debt.Far East Consortium International recently snapped up two land parcels, one of which was from the heavily indebted Kaisa Group Holdings.\u201cWe may\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":96037,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mainland-developers-in-hong-kong-at-risk-of-losses-after-paying-high-prices-for-land\/","url_meta":{"origin":46993,"position":5},"title":"Mainland developers in Hong Kong at risk of losses after paying high prices for land","date":"August 15, 2018","format":false,"excerpt":"\r Two mainland Chinese developers face an expensive lesson for being late. In the past year, China Evergrande Group and Country Garden paid huge prices for land for residential development in the New Territories. But their Hong Kong counterparts snapped up similar land plots for far less as little as\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\/46993"}],"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=46993"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/46993\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=46993"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=46993"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=46993"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}