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  1. Property - Hong Kong & China - PROPERTY

    Hong Kong-listed Lai Fung pays record price for Shanghai parcel

    Posted Jul 10th 2014, 04:56am by Langi Chiang

    ... because of a glut and tight credit conditions, with a rising number of auctions failing to sell parcels in recent weeks. The Shanghai government is requiring Lai Fung to finish construction and get the homes ready for delivery in four years. No pre-sale is allowed, the first time such a requirement is written into a government land auction document. Each building in the project ...

    http://www.scmp.com/property/hong-kong-china/article/1550674/hong-kong-listed-lai-fung-pays-record-price-shanghai-parcel
  2. Property - Hong Kong & China - PROPERTY

    Government not serious about lower home prices, developer says

    Posted Aug 08th 2014, 11:21am by Langi Chiang

    ... Real Estate Investment, also state owned, on Wednesday for 524.3 million yuan, 128.6 per cent higher than the auction's starting price. The price per square metre of 16,143 yuan ...

    http://www.scmp.com/property/hong-kong-china/article/1569027/government-not-serious-about-lower-home-prices-developer
  3. Property - Hong Kong & China - PROPERTY

    Increase in land supply helps small developers compete with big firms

    Posted Jul 01st 2014, 04:11am by Sandy Li

    ... and medium-sized developers struggled to compete in government land sales or auctions dominated by big conglomerates. "Previously, every lot had been sold for outrageous amounts of several billion ... or auctions featured large chunks of property, Hoong said. "Today, the land market in Hong Kong is different. With more land supply, it gives us more chances to build up our land bank ...

    http://www.scmp.com/property/hong-kong-china/article/1543903/increase-land-supply-helps-small-developers-compete-big
  4. News - Hong Kong - PROPERTY

    Auction of two residential sites defy new bid to cool property market

    Posted Nov 08th 2012, 12:00am by YVONNE LIU AND PEGGY SITO

    ... Yvonne Liu and Peggy Sito Prices paid for two lots, in Tseung Kwan O and Ma On Shan, show cooling measures have not dented confidence of developers Auction of flat sites ignores new curbs Two residential sites have sold for higher-than-expected prices only two weeks after the government introduced new measures to cool the property market. The Lands Department yesterday ...

    http://www.scmp.com/news/hong-kong/article/1077385/auction-two-residential-sites-defy-new-bid-cool-property-market
  5. Business - Companies - PROPERTY

    Despite cooling efforts, HK land auctions fetch record-breaking prices

    Posted Sep 29th 2012, 12:00am by Yvonne Liu

    ... Yvonne Liu yvonne.liu@scmp.com Records tumble despite bid to dampen market Despite the government's efforts to cool the property market, residential sites in Tseung Kwan O and Peng Chau have been sold for record-breaking amounts. The results of the t ...

    http://www.scmp.com/business/companies/article/1049788/despite-cooling-efforts-hk-land-auctions-fetch-record-breaking
  6. Property - Hong Kong & China - PROPERTY

    Guangzhou developers fight for sales in slow market

    Posted May 03rd 2014, 04:01am by Langi Chiang

    ... to be auctioned soon. But competition is not expected to be as intense as last year because developers are tightening their belts after sales slid in the first four months of this year. Last week, a land auction in the city's central Tianhe district attracted only two bidders. Cities suffering from an oversupply of homes such as Hangzhou and Wenzhou in Zhejiang province are expected to relax ...

    http://www.scmp.com/property/hong-kong-china/article/1502990/guangzhou-developers-fight-sales-slow-market
  7. Business - Property - PROPERTY

    Smaller property players call for sale of carved-up sites

    Posted Oct 03rd 2012, 12:00am by Sandy Li

    ... Sandy Li sandy.li@scmp.com Some developers suggest authorities auction divided plots to increase supply of new flats Small players call for sites carve-up Smaller players call for sale of carved-up sites With half of the city's new flats supplied by a few major developers, small to medium-sized property companies want more small plots auctioned off to help them compete against ...

    http://www.scmp.com/business/article/1052571/smaller-property-players-call-sale-carved-sites
  8. Property - Hong Kong & China - PROPERTY

    China's 'land kings' under threat as tightening measures bite

    Posted Mar 08th 2014, 01:40am by Reuters

    ... a piece of land, we’d rather miss the land TAN HUAJIE, CHINA VANKE The already high costs and the prospect of slowing sales mean the days of records being set at land auctions are coming ... state-backed Poly Real Estate, according to CRIC. Any slump in prices paid at land auctions could also have an impact on the mainland's indebted local governments, for whom such sales form a major ...

    http://www.scmp.com/property/hong-kong-china/article/1443166/chinas-land-kings-under-threat-tightening-measures-bite
  9. Business - China Business - PROPERTY

    Hangzhou moves to rein in land prices

    Posted Oct 18th 2012, 12:00am by Yvonne Liu

    ... in a tender or land auction. However, the Hangzhou authorities will implement a new measure under which the winning bid will be based on the price and the amount of subsidised housing planned ... billion) at a land auction yesterday. The developer promised to build subsidised housing with a total gross floor area of 98,000 sqm. One of the sites could provide a total gross floor area ...

    http://www.scmp.com/business/china-business/article/1063540/hangzhou-moves-rein-land-prices
  10. Business - China Business - PROPERTY

    Shanghai site fetches year high of 4.6b yuan

    Posted May 30th 2013, 12:00am by Yvonne Liu

    ... Yvonne Liu and Paggie Leung Mainland developer snaps up plot at auction, pointing to renewed interest in land as better sales and liquidity lift sector's credit ratings Shanghai site ... the site with a bid of 4.6 billion yuan (HK$5.83 billion) at an auction. The amount is higher than the previous record for the year of 3.78 billion yuan paid by Shanghai Pudong Development (Group) ...

    http://www.scmp.com/business/china-business/article/1249316/shanghai-site-fetches-year-high-46-b-yuan

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