{"id":91173,"date":"2018-06-11T18:25:30","date_gmt":"2018-06-11T11:25:30","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-first-private-auction-of-farmland-flops-in-a-setback-to-plan-to-bolster-housing-supply\/"},"modified":"2018-06-11T19:03:56","modified_gmt":"2018-06-11T12:03:56","slug":"hong-kongs-first-private-auction-of-farmland-flops-in-a-setback-to-plan-to-bolster-housing-supply","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-first-private-auction-of-farmland-flops-in-a-setback-to-plan-to-bolster-housing-supply\/","title":{"rendered":"Hong Kong\u2019s first private auction of farmland flops, in a setback to plan to bolster housing supply"},"content":{"rendered":"


\nHong Kong\u2019s first private auction of convertible farmland failed to find a buyer, in a setback to the city government\u2019s plan to make more plots available for the construction of residential buildings.
\nNot a single person out of nine registered bidders showed his hand during 30 minutes of hushed proceedings at the auctioneer\u2019s office in Central on Monday, even though 40 people showed up at the sale, where 10 plots of land in Yuen Long measuring a total 119,000 square feet (11,…
\n
\nSource : South China Morning Post
\nRead more…Hong Kong\u2019s first private auction of farmland flops, in a setback to plan to bolster housing supply<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Hong Kong\u2019s first private auction of convertible farmland failed to find a buyer, in a...<\/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-91173","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-nIx","jetpack-related-posts":[{"id":110991,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sun-hung-kai-hong-kongs-largest-developer-to-only-accept-lands-resumption-ordinance-for-plots-already-zoned-for-public-housing\/","url_meta":{"origin":91173,"position":0},"title":"Sun Hung Kai, Hong Kong\u2019s largest developer, to only accept Lands Resumption Ordinance for plots already zoned for public housing","date":"September 23, 2019","format":false,"excerpt":"\r Sun Hung Kai Properties, Hong Kong\u2019s largest developer by value, has said it will cooperate with the government should it use the Lands Resumption Ordinance to acquire rural land it owns, but only as far as land already zoned for public housing use was concerned.The developer has five to\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":90512,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/prices-infrastructure-and-existing-occupants-among-concerns-as-tang-family-auctions-new-territories-farmland\/","url_meta":{"origin":91173,"position":1},"title":"Prices, infrastructure and existing occupants among concerns as Tang family auctions New Territories farmland","date":"June 5, 2018","format":false,"excerpt":"\r A private auction next week of 10 plots of farmland in Yuen Long by a local family has been met with scepticism among surveyors and developers. Yuen Long is an area located in Hong Kong\u2019s New Territories. The pieces of land, which span 119,000 sq ft, are owned by\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":111054,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-world-development-donates-3-million-square-feet-of-farmland-to-ease-hong-kongs-housing-crisis\/","url_meta":{"origin":91173,"position":2},"title":"New World Development donates 3 million square feet of farmland to ease Hong Kong\u2019s housing crisis","date":"September 25, 2019","format":false,"excerpt":"\r New World Development said it will donate 3 million square feet of farmland for public and social housing development in Hong Kong.Adrian Cheng Chi-kong, executive vice-chairman and general manager at New World Development said the donation was aimed at alleviating the serious shortage of land for housing that has\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":67842,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/can-faster-conversion-of-farmland-provide-a-solution-to-hong-kongs-housing-problem\/","url_meta":{"origin":91173,"position":3},"title":"Can faster conversion of farmland provide a solution to Hong Kong\u2019s housing problem?","date":"September 30, 2017","format":false,"excerpt":"\r The 20-minute journey by minibus from the MTR\u2019s Tai Po station traverses the narrow two-lane Tung Tsz Road, passing abandoned vehicles on both sides of the road, reaching a wooded area dotted with a small number of villages. The farmland, vacant for more than 20 years and owned by\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":111083,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/henderson-offers-1-million-sq-ft-of-fanling-farmland-for-public-homes-saying-it-would-yield-to-any-seizure-by-hong-kongs-government-of-private-land\/","url_meta":{"origin":91173,"position":4},"title":"Henderson offers 1 million sq ft of Fanling farmland for public homes, saying it would yield to any seizure by Hong Kong\u2019s government of private land","date":"September 26, 2019","format":false,"excerpt":"\r Henderson Land Development, the third-biggest private landowner in Hong Kong, said it would yield to any government seizure of private land for public housing, a day after New World Development donated a fifth of its farmland reserves.\u201cWe will cooperate with the government if it invokes the Lands Resumption Ordinance\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":120776,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-housing-land-supply-shrinks-to-10-year-low-setting-the-stage-for-home-prices-to-spiral-in-one-of-the-worlds-costliest-cities\/","url_meta":{"origin":91173,"position":5},"title":"Hong Kong\u2019s housing land supply shrinks to 10-year low, setting the stage for home prices to spiral in one of the world\u2019s costliest cities","date":"June 29, 2021","format":false,"excerpt":"\r Hong Kong\u2019s supply of residential land is shrinking to a 10-year low, as the local government runs out of usable plots for building homes, in a situation that may set the stage for property prices to rise further and fuel public grief in one of the world\u2019s least affordable\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\/91173"}],"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=91173"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/91173\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=91173"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=91173"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=91173"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}