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  • July 25, 2014
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  1. Business - Property - PROPERTY

    Developers regaining taste for land sales

    Posted Sep 03rd 2012, 12:00am by Peggy Sito

    ... for land sales Property developers on the mainland are gradually recovering their appetite for acquiring development sites, but improved prices fetched at recent land tenders have yet to ease the financial woes of local governments that depend on land sales as a major source of their revenue. Taking advantage of the recovering demand for land, local authorities on the mainland are therefore ...

  2. Property - Hong Kong & China - HOUSING

    Strong bidding for Xiamen land points to continued home price rises

    Posted Jul 18th 2014, 02:52am by Sandy Li

    ... representing 10,318 yuan per square metre, marked the first time land prices in the district had pierced the 10,000 yuan mark. "The fierce bidding and higher land cost indicate that Xiamen home ... capping 24 consecutive monthly rises. The better-than-expected land auction result came two months after Xiamen quietly loosened home purchase rules, allowing non-local residents to buy one home ...

  3. Property - Hong Kong & China - ACQUISITIONS

    Chinese developers to remain cautious on buying land

    Posted Jul 09th 2014, 05:02am by Langi Chiang

    ... though property sales may recover and local governments plan to increase land supply, industry analysts said. The land market started this year in a frenzy, buoyed by record property sales ... sales revenues to replenish land reserves, down from 34 per cent last year. Vanke's land spending shrank to 11 billion yuan (HK$13.8 billion) from 28 billion yuan during the period, while ...

  4. News - China Insider - ARCTIC

    China gets chance to buy first foothold in Arctic as Norwegian land plot goes on sale

    Posted Apr 30th 2014, 07:04pm by Patrick Boehler

    ... Patrick Boehler patrick.boehler@scmp.com A massive piece of privately-owned land in Norway’s Svalbard archipelago has gone on sale, leading to speculation that Chinese buyers could compete ... is extremely rare that land goes on sale in Svalbard,” he said. “This is much more than an economic transaction- it also affects regional security.” The Austre Adventfjord property is located right ...

  5. Property - International - BRITAIN

    Lenders reject builders as land values rise sharply in London

    Posted Jul 09th 2014, 05:02am by Bloomberg

    ... per cent in the 12 months to March, according to data compiled by broker Savills, as government-backed loan programmes for new homes and rising sales fuelled demand for undeveloped sites. Land ... Bloomberg in London Developers also face squeeze from slowing home price gains and soaring construction costs Lenders reject builders as land values rise sharply Surging land prices ...

  6. 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

    ... to government land sales after being edged out by property heavyweights over the past decade, with an increase in land supply giving them a fighting chance to elbow their way into the world's most ... 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 ...

  7. Property - Hong Kong & China - PROPERTY

    Hong Kong government, MTR to release five housing sites for sale

    Posted Jul 01st 2014, 04:11am by Yvonne Liu

    ... the offers submitted by developers failed to meet the reserve price. With many sites in the land sale programme yet to be rezoned for residential use, the government is facing a challenge to meet its ... are unable to release new sites at Kai Tak. Therefore, future land supply will mainly come from the New Territories." Property sales and prices have rebounded since March. "We don't ...

  8. Property - Hong Kong & China - ACQUISITIONS

    Developers’ caution in buying land could threaten local government finances

    Posted Apr 01st 2014, 03:36pm by Langi Chiang

    ... sales for a large portion of their revenues. While this revenue source has proven to be quite lucrative, it has also been highly volatile Moody's Investors Service Even China Overseas Land ... 13 billion yuan (HK$16.2 billion) on four plots in February. "Land purchases must match property sales this year so that we can keep our finances healthy," company chairman Hao ...

  9. Comment - Insight & Opinion

    Review of land sale restriction a wise measure now market has stabilised

    Posted Apr 08th 2014, 03:46am by SCMP Editorial

    ... SCMP Editorial Land sale review a wise measure There were mixed reactions when Leung Chun-ying sought to tame the runaway property market by introducing residency restrictions on land ... involving non-locals are down from double digits to only 2 per cent. That explains why subsequent land sales no longer come with residency requirements. Intriguingly, this has been interpreted ...

  10. Property - Hong Kong & China - TOWN PLANNING

    Rezoning delays could thwart government’s plans to boost land supply

    Posted Mar 11th 2014, 03:57pm by Yvonne Liu

    ... target for land sales The Hong Kong government faces a challenge in meeting its target for land sales in the coming financial year because a majority of the sites in its Land Sale Programme have ... of real estate and construction at the University of Hong Kong. As part of its policy to increase land supply, the government began to earmark more sites in the rezoning process for the land sale ...




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