{"id":69794,"date":"2017-10-23T17:45:01","date_gmt":"2017-10-23T10:45:01","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-world-china-buys-us310m-mixed-use-land-parcel-in-guangzhou-reinforcing-its-mainland-commitment\/"},"modified":"2017-10-23T18:03:16","modified_gmt":"2017-10-23T11:03:16","slug":"new-world-china-buys-us310m-mixed-use-land-parcel-in-guangzhou-reinforcing-its-mainland-commitment","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-world-china-buys-us310m-mixed-use-land-parcel-in-guangzhou-reinforcing-its-mainland-commitment\/","title":{"rendered":"New World China buys US$310m mixed-use land parcel in Guangzhou, reinforcing its mainland commitment"},"content":{"rendered":"<p>&#013;<br \/>\nHong Kong property giant New World Development\u2019s China arm has acquired a sizeable commercial and residential land parcel in Guangzhou for 2.09 billion yuan (US$310 million), emphasising its expansion plans in the mainland.<br \/>\nNew World China Land, which delisted from Hong Kong in 2016, said on Monday it had won the 35,245 square metre land parcel on Yongning Street in Zengcheng District, on the eastern outskirts of the Guangdong provincial capital.<\/p>\n<p>The parcel will be developed into a&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"http:\/\/www.scmp.com\/business\/article\/2116614\/new-world-china-buys-us310m-mixed-use-land-parcel-guangzhou-reinforcing-its\" target=\"_blank\">New World China buys US0m mixed-use land parcel in Guangzhou, reinforcing its mainland commitment<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Hong Kong property giant New World Development\u2019s China arm has acquired a sizeable commercial and&#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-69794","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-i9I","jetpack-related-posts":[{"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":69794,"position":0},"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 &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":125232,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/guangzhou-rf-sells-londons-vauxhall-square-at-42-per-cent-discount-to-valuation-posting-an-unheard-of-loss-in-desperate-move-to-pare-debt\/","url_meta":{"origin":69794,"position":1},"title":"Guangzhou R&amp;F sells London\u2019s Vauxhall Square at 42 per cent discount to valuation, posting an \u2018unheard of\u2019 loss in desperate move to pare debt","date":"March 15, 2022","format":false,"excerpt":"\r Guangzhou R&F Properties has agreed to sell a plot of mixed-use land in London at a loss to Far East Consortium International, in a move that underscores its haste to raise cash to pare its debts.The Vauxhall Square parcel in Vauxhall has been sold for \u00a395.7 million (US$124.8 million),\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":55939,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mainland-developers-shy-away-from-hong-kong-land-tenders\/","url_meta":{"origin":69794,"position":2},"title":"Mainland developers shy away from Hong Kong land tenders","date":"May 25, 2017","format":false,"excerpt":"\r Chinese 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. MTR Corp said eight developers had submitted bids for the parcel of land at Kam Sheung Road Station on\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":69794,"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":121660,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developer-new-world-developments-china-unit-will-invest-us732-million-in-guangzhou-urban-renewal-project\/","url_meta":{"origin":69794,"position":4},"title":"Hong Kong developer New World Development\u2019s China unit will invest US$732 million in Guangzhou urban renewal project","date":"August 25, 2021","format":false,"excerpt":"\r New World China Land (NWC), the mainland Chinese property unit of Hong Kong developer New World Development, said it has secured the rights for an urban renewal project in the heart of Guangzhou.The project, which is expected to require an investment of HK$5.7 billion (US$732.3 million), will be NWC\u2019s\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":117680,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-mobile-outbids-hong-kong-tycoons-singapore-rival-with-record-price-for-sha-tin-industrial-land-in-sign-of-market-revival\/","url_meta":{"origin":69794,"position":5},"title":"China Mobile outbids Hong Kong tycoons, Singapore rival with record price for Sha Tin industrial land in sign of market revival","date":"July 9, 2020","format":false,"excerpt":"\r China Mobile, the world\u2019s largest wireless network operator, has agreed to pay a record price for a parcel of industrial land in Hong Kong to outbid a handful of Hong Kong tycoons, possibly signaling the return of powerful mainland buyers to the city\u2019s property market.The telecommunications group offered HK$5.6\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\/69794"}],"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=69794"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/69794\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=69794"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=69794"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=69794"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}