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  1. No land auction bids for idle developers

    Posted Dec 31st 2010, 12:00am by Sandy Li

    ... Sandy Li The Ministry of Land and Resources will block some companies from buying more land in coming auctions after a number of their sites went undeveloped, in some cases for up to eight ... or developed land in breach of agreements. Separately, Shanghai municipal government yesterday fetched 2.63 billion yuan (HK$3.05 billion) from the last auction of the year yesterday. Greenland Group ...

    http://www.scmp.com/article/734457/no-land-auction-bids-idle-developers
  2. Shanghai sees bumper year in land auctions

    Posted Dec 30th 2010, 12:00am by Sandy Li

    ... for auction to end the year's land sales. The residential site along Jinnan Road will be offered at a minimum bid of 1.93 billion yuan, while the bid for the second site at Baian Road must be no less than 701 million yuan. Taking into account today's last land auction, analysts believe the city government will generate revenue of more than 150 billion yuan from this year's ...

    http://www.scmp.com/article/734350/shanghai-sees-bumper-year-land-auctions
  3. Developers pay 5.4b yuan for three Beijing sites at auction

    Posted Jul 07th 2009, 12:00am by Yvonne Liu

    ... Yvonne Liu Poly Real Estate, Sino-Ocean Land and Shanghai Greenland Group separately snapped up three residential sites in Beijing's suburbs for 5.4 billion yuan (HK$6.12 billion) in a government auction yesterday. Unit prices of two sites in Daxing district acquired by Shanghai Greenland Group and Poly Real Estate hit a record high. An airport will be built in the district. Poly ...

    http://www.scmp.com/article/686095/developers-pay-54b-yuan-three-beijing-sites-auction
  4. From speculation to genuine appreciation

    Posted Nov 26th 2007, 12:00am by Staff Reporter

    ... rather than speculators predominate. During the three years from 2003 to 2005, sales at the nation's fine-art auction houses more than doubled annually from 2.5 billion yuan in 2003 to 13.4 ... from the China Association of Auctioneers showed. However, judging by the sales volumes and climate at major spring and autumn auctions this year, the industry is confident of a promising 2008. ...

    http://www.scmp.com/article/617148/speculation-genuine-appreciation
  5. Bringing home China's treasures

    Posted Aug 20th 2005, 12:00am by Staff Reporter

    ... million yuan bid, a record for an antique Chinese painting. 'I knew that, no matter how much I offered, he was determined to have it,' Mr Wang said. Though the auctioneers, Sungari ... in more than 200 museums in dozens of countries, and up to 10 times that number are in private hands throughout the world. The China Association of Auctioneers estimates about 50,000 cultural ...

    http://www.scmp.com/article/512860/bringing-home-chinas-treasures
  6. Shanghai land sale flies in face of cabinet warning

    Posted Jul 27th 2012, 12:00am

    ... Sandy Li sandy.li@scmp.com A residential site in Shanghai sold at auction for 1.64 billion yuan (HK$2.01 billion) after a fierce bidding among 11 developers, despite a State Council warning of possible tightening in property curbs. The site was sold on Wednesday to a joint venture between Sunac China Holdings and Greentown China for about 37 per cent above the 1.2 billion ...

    http://www.scmp.com/article/1007864/shanghai-land-sale-flies-face-cabinet-warning
  7. Tianjin residential site gets record price

    Posted Jul 21st 2012, 12:00am

    ... the former site of Tianjin Normal University in the Balitai district during a land auction with the 78th bid, of 2.97 billion yuan (HK$3.6 billion). With a total gross floor area of 228,000 square ...

    http://www.scmp.com/article/1007351/tianjin-residential-site-gets-record-price
  8. Guangzhou hitting the brakes on traffic growth

    Posted Jul 02nd 2012, 12:00am

    ... Shanghai became the first mainland city to introduce restrictions on vehicle ownership, by enacting a vehicle-plate auction. That helped the city limit the number of vehicles on its roads to about ...

    http://www.scmp.com/article/1005633/guangzhou-hitting-brakes-traffic-growth
  9. Shimao, China Resources buy sites for 4.4b yuan

    Posted May 03rd 2007, 12:00am by Sandy Li

    ... auction. Sources said the Beijing site, which is designated for a luxury hotel, offices, retail units and serviced apartments, would provide a gross floor area of about 210,000 square metres. The price represents 6,666 yuan per square metre, compared with prevailing transaction prices of 7,000 yuan to 8,000 yuan per square metre through land auctions. The development would cost about ...

    http://www.scmp.com/article/591305/shimao-china-resources-buy-sites-44b-yuan
  10. Cooling measures fail to curb CR Land and peers' land-bank expansion

    Posted Aug 04th 2007, 12:00am by Sandy Li

    ... square metres. The deal should be concluded next month, the reports said. Meanwhile, the auction of a large distressed and unfinished project in Shanghai was cancelled after it failed to attract any bids. DTZ (Shanghai) investment director Jim Yip Kin-shing said the isolated location was the main reason for the failed auction. The project, with a site area of 67,000 square metres, ...

    http://www.scmp.com/article/602933/cooling-measures-fail-curb-cr-land-and-peers-land-bank-expansion

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