{"id":97194,"date":"2018-09-04T08:02:14","date_gmt":"2018-09-04T01:02:14","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/mainland-developer-aoyuan-hoping-for-us57-3m-profit-on-conversion-of-commercial-kwai-chung-site-into-flats\/"},"modified":"2018-09-04T09:03:42","modified_gmt":"2018-09-04T02:03:42","slug":"mainland-developer-aoyuan-hoping-for-us57-3m-profit-on-conversion-of-commercial-kwai-chung-site-into-flats","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mainland-developer-aoyuan-hoping-for-us57-3m-profit-on-conversion-of-commercial-kwai-chung-site-into-flats\/","title":{"rendered":"Mainland developer Aoyuan hoping for US$57.3m profit on conversion of commercial Kwai Chung site into flats"},"content":{"rendered":"


\nAoyuan, the acquisitive mainland China developer, is hoping to generate a HK$450 million (US$57.33 million) profit from the sale of residential units being created in a former a 12-storey commercial building in Kwai Chung, in Hong Kong\u2019s New Territories.
\nThe company has pencilled in a total target sales price of HK$1.4 billion for completed flats in the building, after buying it in June for HK$950 million, its second move into the Hong Kong market.
\nThe Guangzhou-based developer bought…
\n
\nSource : South China Morning Post
\nRead more…Mainland developer Aoyuan hoping for US.3m profit on conversion of commercial Kwai Chung site into flats<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Aoyuan, the acquisitive mainland China developer, is hoping to generate a HK$450 million (US$57.33 million)...<\/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-97194","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-phE","jetpack-related-posts":[{"id":110248,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mainland-chinese-developer-jiayuan-says-hong-kong-micro-flats-profitable-despite-price-cuts-reports-23-per-cent-rise-in-interim-profit\/","url_meta":{"origin":97194,"position":0},"title":"Mainland Chinese developer Jiayuan says Hong Kong micro flats profitable despite price cuts, reports 23 per cent rise in interim profit","date":"August 27, 2019","format":false,"excerpt":"\r The mainland Chinese property developer behind Hong Kong\u2019s smallest micro flats ever \u2013 smaller than a car park at 128 sq ft \u2013 said the development was profitable even after it cut prices by as much as 38 per cent to as low as HK$1.73 million (US$220,514) per unit\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":138171,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/developer-china-aoyuan-seeks-creditors-approval-for-us4-2-billion-offshore-debt-plan-as-delisting-warning-looms\/","url_meta":{"origin":97194,"position":1},"title":"Developer China Aoyuan seeks creditors\u2019 approval for US$4.2 billion offshore-debt plan as delisting warning looms","date":"July 3, 2023","format":false,"excerpt":"\r The agreement, which includes new notes, new shares, debt-to-equity conversion, perpetual securities and the transfer of shares to creditors, will need the approval of 75 per cent of offshore debt holders to move forward.\r \r Source : South China Morning Post\r Read more...Developer China Aoyuan seeks creditors\u2019 approval for\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":49096,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/aoyuan-homes-in-on-southern-chinas-big-bay-area\/","url_meta":{"origin":97194,"position":2},"title":"Aoyuan homes in on southern China\u2019s \u2018big bay area\u2019","date":"March 22, 2017","format":false,"excerpt":"\r Developer China Aoyuan Property is looking to expand into more cities in China\u2019s booming Greater Pearl River Delta (PRD), a region covering cities including Shenzhen, Guangzhou and Hong Kong , as it targets an ambitious goal of reaching 50 billion yuan (US$7.2 billion) in annual sales by 2019. \u201cThe\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":132482,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/developer-china-aoyuan-posts-note-saying-it-is-in-talks-to-sell-stake-in-property-services-unit-as-liquidity-crisis-rumbles-on\/","url_meta":{"origin":97194,"position":3},"title":"Developer China Aoyuan posts note saying it is in talks to sell stake in property services unit as liquidity crisis rumbles on","date":"December 6, 2022","format":false,"excerpt":"\r The Guangzhou-based company posted a statement on its official website saying it wants to sell a 29.9 per cent stake in Aoyuan Healthy Life Group.\r \r Source : South China Morning Post\r Read more...Developer China Aoyuan posts note saying it is in talks to sell stake in property services\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":62398,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-home-buyers-not-only-face-spiralling-property-prices-but-also-soaring-management-fees\/","url_meta":{"origin":97194,"position":4},"title":"Hong Kong home buyers not only face spiralling property prices, but also soaring management fees","date":"August 1, 2017","format":false,"excerpt":"\r As Hong Kong home prices continue soaring sky high, so too have management fees, with one developer planning to charge buyers of a so-called \u201cnano flat\u201d in Kwai Chung a monthly HK$4.8 per (US62 cents) per square foot \u2013 one of the highest levels in the New Territories. That\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":2684,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/aoyuan-eyes-australia-and-wants-to-be-treated-like-a-local-down-under\/","url_meta":{"origin":97194,"position":5},"title":"Aoyuan eyes Australia and wants to be treated like a local down under","date":"January 26, 2016","format":false,"excerpt":"\r Keen to diversify domestic risks, cash-rich Chinese developers, including Guangdong-based China Aoyuan Property, are actively going overseas. Aoyuan has been targeting Australia recently and is determined to be eventually be treated like a local developer.\r \r Source : South China Morning Post\r Read more...Aoyuan eyes Australia and wants to\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\/97194"}],"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=97194"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/97194\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=97194"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=97194"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=97194"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}