{"id":75195,"date":"2017-12-23T11:47:02","date_gmt":"2017-12-23T04:47:02","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-politics-deter-options-to-alter-land-sales-policy-cut-property-prices\/"},"modified":"2017-12-23T12:03:00","modified_gmt":"2017-12-23T05:03:00","slug":"hong-kongs-politics-deter-options-to-alter-land-sales-policy-cut-property-prices","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-politics-deter-options-to-alter-land-sales-policy-cut-property-prices\/","title":{"rendered":"Hong Kong\u2019s politics deter options to alter land sales policy, cut property prices"},"content":{"rendered":"


\nHong Kong\u2019s government is on track to post a record haul from selling land to housing and commercial developers in its fiscal year ending March 2018, bolstered by ever-rising prices in the world\u2019s most expensive urban centre.
\nFor the eight months ended November, and with another quarter to go before the close of its fiscal year, the government received HK$90.68 billion from selling 12 pieces of residential and commercial land, a mere HK$19 billion short of the 2016 record of HK$109….
\n
\nSource : South China Morning Post
\nRead more…Hong Kong\u2019s politics deter options to alter land sales policy, cut property prices<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Hong Kong\u2019s government is on track to post a record haul from selling land to...<\/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-75195","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-jyP","jetpack-related-posts":[{"id":119033,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-government-may-have-to-step-up-on-land-sales-as-two-failed-auctions-starve-the-coffers-of-much-needed-revenue\/","url_meta":{"origin":75195,"position":0},"title":"Hong Kong\u2019s government may have to step up on land sales as two failed auctions starve the coffers of much-needed revenue","date":"October 28, 2020","format":false,"excerpt":"\r Hong Kong\u2019s government, which depends on land sales for up to a fifth of its annual fiscal revenue, may have to put more plots on the market to fill its coffers amid the city\u2019s worst recession, after two failed auctions in October and May.A site in Tung Chung near\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":75195,"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":109872,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/higher-deposit-for-land-sales-will-add-pressure-on-small-firms-tightening-the-big-developers-grip-on-hong-kongs-land-supply\/","url_meta":{"origin":75195,"position":2},"title":"Higher deposit for land sales will add pressure on small firms, tightening the big developers\u2019 grip on Hong Kong\u2019s land supply","date":"August 14, 2019","format":false,"excerpt":"\r The recent move by Hong Kong\u2019s government to double the deposit for land tender sales, raised to deter defaults, will add to the financing pressure on small developers and put them at a disadvantage when they buy land in the world\u2019s most expensive property market, analysts said.A HK$50 million\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":81658,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-to-sell-land-worth-at-least-us21-7b-to-bolster-land-bank-for-homes-and-commerce\/","url_meta":{"origin":75195,"position":3},"title":"Hong Kong to sell land worth at least US$21.7b to bolster land bank for homes and commerce","date":"March 2, 2018","format":false,"excerpt":"\r Hong Kong\u2019s government, fresh from reporting its biggest fiscal surplus since 1997, will bolster the city\u2019s land bank for commerce and homes by selling a record HK$170 billion (US$21.71 billion) of land in the financial year starting April 1. The government will sell four plots of commercial land plus\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":104851,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-first-home-buyers-snap-up-hendersons-vantage-flats-in-hung-hom-giving-respite-to-declining-property-prices\/","url_meta":{"origin":75195,"position":4},"title":"Hong Kong\u2019s first-home buyers snap up Henderson\u2019s Vantage flats in Hung Hom, giving respite to declining property prices","date":"March 9, 2019","format":false,"excerpt":"\r Hong Kong\u2019s weekend property buyers are back, as more than 2,000 people thronged a sales office to bid for 246 flats offered by Henderson Land Development in Hung Hom.The selling price of Henderson\u2019s Vantage project starts from HK$3.83 million for the smallest 170 square feet unit, to HK$8.57 million\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":112674,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sun-hung-kai-pays-a-record-hk42-2-billion-for-austin-road-commercial-plot-in-hong-kongs-costliest-land-tender\/","url_meta":{"origin":75195,"position":5},"title":"Sun Hung Kai pays a record HK$42.2 billion for Austin Road commercial plot in Hong Kong\u2019s costliest land tender","date":"November 27, 2019","format":false,"excerpt":"\r Sun Hung Kai Properties (SHKP), Hong Kong\u2019s largest developer by value, has won the biggest commercial parcel ever sold in the city for a record HK$42.2 billion (US$5.4 billion).The winner beat CK Asset Holdings, a consortium comprising Wharf Holdings, Sino Land, Henderson Land Development, Chinese Estate Holdings and Lifestyle\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\/75195"}],"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=75195"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/75195\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=75195"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=75195"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=75195"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}