{"id":81658,"date":"2018-03-02T08:16:00","date_gmt":"2018-03-02T01:16:00","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-to-sell-land-worth-at-least-us21-7b-to-bolster-land-bank-for-homes-and-commerce\/"},"modified":"2018-03-02T09:07:18","modified_gmt":"2018-03-02T02:07:18","slug":"hong-kong-to-sell-land-worth-at-least-us21-7b-to-bolster-land-bank-for-homes-and-commerce","status":"publish","type":"post","link":"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\/","title":{"rendered":"Hong Kong to sell land worth at least US$21.7b to bolster land bank for homes and commerce"},"content":{"rendered":"


\nHong 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.
\nThe government will sell four plots of commercial land plus 27 plots of residential land, 10 of which will each be valued at more than HK$10 billion, according to property consultant Centaline Surveyors.
\nOf these, eight are located on the…
\n
\nSource : South China Morning Post
\nRead more…Hong Kong to sell land worth at least US.7b to bolster land bank for homes and commerce<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Hong Kong\u2019s government, fresh from reporting its biggest fiscal surplus since 1997, will bolster the...<\/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-81658","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-lf4","jetpack-related-posts":[{"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":81658,"position":0},"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":44247,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-land-parcels-worth-over-hk30bn-set-for-government-tender-in-february\/","url_meta":{"origin":81658,"position":1},"title":"Hong Kong land parcels worth over HK$30bn set for government tender in February","date":"February 15, 2017","format":false,"excerpt":"\r Hong Kong developer New World Development has won a government land site in Cheung Sha Wan after paying a higher-than-expected HK$7.794 billion. This is one of four parcels of land up for tender in February, the largest number of land plots for sale in a single month in the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":113325,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/wheelock-properties-to-loan-three-plots-of-land-at-hk1-each-to-ngos-for-2000-transitional-homes-to-ease-housing-crisis\/","url_meta":{"origin":81658,"position":2},"title":"Wheelock Properties to loan three plots of land at HK$1 each to NGOs for 2,000 \u2018transitional\u2019 homes to ease housing crisis","date":"December 30, 2019","format":false,"excerpt":"\r Wheelock Properties has become the third Hong Kong developer to volunteer to lease some of its land to ease the city\u2019s housing crisis.Wheelock said it will loan three plots of land, with a total area of 500,000 square feet for just HK$1 each to the Hong Kong Council of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":79758,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-troubled-hna-group-flips-kai-tak-plots-to-henderson-land-for-a-profit-of-hk1-7-billion\/","url_meta":{"origin":81658,"position":3},"title":"China\u2019s troubled HNA Group flips Kai Tak plots to Henderson Land for a profit of HK$1.7 billion","date":"February 13, 2018","format":false,"excerpt":"\r HNA Group, the financially troubled Chinese conglomerate, has made a quick HK$1.7 billion (US$217 million) by selling two of its four Hong Kong residential plots bought 15 months ago for a record sum to one of the city\u2019s biggest developers. The two plots at the site of Hong Kong\u2019s\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":54161,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/two-lots-worth-hk28-billion-to-set-single-day-sale-record\/","url_meta":{"origin":81658,"position":4},"title":"Two lots worth HK$28 billion to set single day sale record","date":"May 9, 2017","format":false,"excerpt":"\r Two plots that are worth up to HK$28 billion in Central and the Kai Tak area to be sold by government tender is set to land a single day land sale revenue record for Hong Kong, say industry experts. They believe that the commercial site on Murray Road will\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":123290,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-government-to-net-record-us6-4-billion-in-land-premium-amid-rising-demand-and-prices-of-homes\/","url_meta":{"origin":81658,"position":5},"title":"Hong Kong government to net record US$6.4 billion in land premium amid rising demand and prices of homes","date":"November 18, 2021","format":false,"excerpt":"\r The Hong Kong government is set receive a record HK$50 billion (US$6.4 billion) in land premium this year, as developers rush to build flats to capitalise on a housing shortage that is fuelling prices and demand.Land premium is the fee that developers pay to the government when a modification\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\/81658"}],"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=81658"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/81658\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=81658"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=81658"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=81658"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}