{"id":55939,"date":"2017-05-25T14:22:12","date_gmt":"2017-05-25T07:22:12","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/mainland-developers-shy-away-from-hong-kong-land-tenders\/"},"modified":"2017-05-25T20:00:46","modified_gmt":"2017-05-25T13:00:46","slug":"mainland-developers-shy-away-from-hong-kong-land-tenders","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mainland-developers-shy-away-from-hong-kong-land-tenders\/","title":{"rendered":"Mainland developers shy away from Hong Kong land tenders"},"content":{"rendered":"<p>&#013;<br \/>\nChinese companies continue to shy away from Hong Kong\u2019s land market with just one mainland backed company known to have submitted a bid for a residential site in Yuen Long.<br \/>\nMTR Corp said eight developers had submitted bids for the parcel of land at Kam Sheung Road Station on the West Rail line before the tender closed at 2pm on Thursday.<br \/>\nOnly one mainland Chinese company, China Resources Land, submitted a bid. The seven other bidders were based in Hong Kong, including Cheung Kong Property&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"http:\/\/www.scmp.com\/business\/companies\/article\/2095672\/mainland-developers-shy-away-hong-kong-land-tenders\" target=\"_blank\">Mainland developers shy away from Hong Kong land tenders<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Chinese companies continue to shy away from Hong Kong\u2019s land market with just one mainland&#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-55939","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-eyf","jetpack-related-posts":[{"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":55939,"position":0},"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":[]},{"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":55939,"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":79026,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/after-two-years-of-rapid-expansion-chinese-developers-back-off-from-hong-kong-projects\/","url_meta":{"origin":55939,"position":2},"title":"After two years of rapid expansion, Chinese developers back off from Hong Kong projects","date":"February 6, 2018","format":false,"excerpt":"\r Concerns about Hong Kong developers losing market share to their Chinese peers are fading as mainland companies have pulled back from their breakneck expansion in the city, according to a report from S&P Global Ratings. \u201cMainland developers took up nearly half of the land tenders during the financial years\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":118020,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/national-security-law-prompts-more-mainland-firms-to-bid-for-hong-kong-land-as-china-vanke-unit-wins-residential-plot-in-tai-po\/","url_meta":{"origin":55939,"position":3},"title":"National security law prompts more mainland firms to bid for Hong Kong land as China Vanke unit wins residential plot in Tai Po","date":"July 30, 2020","format":false,"excerpt":"\r Mainland Chinese developers, emboldened by the new security law, will become more active buyers of Hong Kong land as local firms back off amid political turmoil and recession, surveyors predict.The forecast came as a mainland-based consortium won a parcel of land in Tai Po earmarked for over 1,000 \u201cmid-to-low\u2026","rel":"","context":"In &quot;Property News&quot;","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":55939,"position":4},"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 &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":55939,"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\/55939"}],"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=55939"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/55939\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=55939"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=55939"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=55939"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}