{"id":81181,"date":"2018-02-27T13:11:06","date_gmt":"2018-02-27T06:11:06","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-developers-adopt-low-profile-approach-to-land-buys\/"},"modified":"2018-02-27T14:03:22","modified_gmt":"2018-02-27T07:03:22","slug":"chinese-developers-adopt-low-profile-approach-to-land-buys","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-developers-adopt-low-profile-approach-to-land-buys\/","title":{"rendered":"Chinese developers adopt low profile approach to land buys"},"content":{"rendered":"<p>&#013;<br \/>\nChinese developers are changing the way they acquire land in Hong Kong, shying away from headline-grabbing public land auctions in favour of private sales, amid continuing scrutiny by mainland authorities on overseas property investments.<br \/>\nLast year China\u2019s 12 biggest developers generated 2.55 trillion yuan (US$404.63 billion) in revenue from home sales, according to CMIB Securities.<br \/>\n\u201cLess than 5 per cent of their sales proceeds would be enough to buy Hong Kong\u2019s entire land&#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\/2134891\/chinese-developers-adopt-low-profile-approach-land-buys\" target=\"_blank\">Chinese developers adopt low profile approach to land buys<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Chinese developers are changing the way they acquire land in Hong Kong, shying away from&#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-81181","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-l7n","jetpack-related-posts":[{"id":108852,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-cities-experiment-with-new-approach-to-land-sales-while-hong-kong-sticks-with-highest-bidder-model\/","url_meta":{"origin":81181,"position":0},"title":"Chinese cities experiment with new approach to land sales while Hong Kong sticks with highest-bidder model","date":"July 10, 2019","format":false,"excerpt":"\r Local authorities in many mainland cities are exploring new ways of awarding land to developers as they seek to curb property prices, throwing the spotlight on Hong Kong\u2019s long-established practice of simply picking the highest \u00adbidder.Among the new land sale models, some apply administrative limits on how much developers\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":26993,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-top-developers-adopt-different-land-bank-strategies-to-fend-of-rising-competition\/","url_meta":{"origin":81181,"position":1},"title":"Hong Kong\u2019s top developers adopt different land bank strategies to fend of rising competition","date":"September 23, 2016","format":false,"excerpt":"\r Hong Kong\u2019s land market hasn\u2019t been short of record-breaking deals in the past four years, especially since mainland Chinese developers began taking an interest. Top local developers have seen their market share decline in terms of acquisitions of government sites as bigger and richer mainland players expand onto their\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"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":81181,"position":2},"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":39195,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-developers-hong-kong-government-says-xie-xie\/","url_meta":{"origin":81181,"position":3},"title":"Chinese developers, Hong Kong government says xie xie","date":"December 29, 2016","format":false,"excerpt":"\r Hong 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. With the final HK$5.868 billion from a sale at\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":81181,"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":108388,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shenzhens-largest-residential-land-sale-since-2001-draws-the-attention-of-more-than-80-chinese-and-hong-kong-developers\/","url_meta":{"origin":81181,"position":5},"title":"Shenzhen\u2019s largest residential land sale since 2001 draws the attention of more than 80 Chinese and Hong Kong developers","date":"June 24, 2019","format":false,"excerpt":"\r More than 80 Chinese and Hong Kong developers are expected to engage in fierce bidding when the tender for five residential sites in Shenzhen opens on Monday, as the city known for its scarce land supply, auctions the largest volume of land in a single day in nearly two\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\/81181"}],"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=81181"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/81181\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=81181"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=81181"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=81181"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}