While the international media lamented the weak Copenhagen Accord and tried to pin blame, the mainland media have focused on something much more mundane at home - soaring property prices.Monday, 21 December, 2009, 12:00am
Auction sites withdrawn as credit squeeze raises lending costs
Warning bells have rung for investors in the mainland property market, with news that some sites advertised for sale in Shenzhen were withdrawn from public auction last week.16 Apr 2008 - 12:00am
Special deals struck between city governments and favoured property developers ahead of public auctions will come under increasing scrutiny on the mainland where regulations outlaw such private negotiations, consultants say.5 Dec 2007 - 12:00am
A requirement that all government sites must be sold by way of public auction, tender and listing was introduced by the mainland government in 2004.
But while tenders and auctions are similar to the practice in the western world, what does listing mean in the mainland's land sale system?5 Dec 2007 - 12:00am
'High prices paid by developers at government land auctions over the past two years are likely to put the squeeze on their future profit margins as the outlook for the market grows increasingly uncertain.'
SCMP, May 311 Jun 2006 - 12:00am
A slowdown in sales of new homes since a land auction in September has dampened developers' appetite for land, an academic said after another month in which no bid was received to trigger a government auction of sites for development.14 Apr 2006 - 12:00am
The value of second-hand units dips as homeowners appear unmoved by the results of the government land sale
The sale last month of three residential sites at higher than expected prices has failed to boost prices in the secondary market12 Oct 2005 - 12:00am
Forget rising interest rates and developers' complaints that the government is setting land prices too high. Today's auction of three residential property sites should go off like a rocket, almost certainly raising more than $8 billion.27 Sep 2005 - 12:00am
The Beijing municipal government's first public auction of land in the prime central business district attracted tepid interest, amid tight credit policies and other central government measures designed to cool an overheated property sector.18 Jun 2004 - 12:00am
Another conservative land disposal programme was unveiled by the Government for the next financial year yesterday amid continuing fragility in the property market.
Only 10 small residential sites were placed on a definite for-sale schedule.5 Mar 2002 - 12:00am
Director of Lands Bob Pope said yesterday the Government had no intention of cutting its land sales programme in the face of a depressed market, but admitted land transactions were set to suffer a substantial decline this year.23 Jan 1998 - 12:00am
THE addition of three residential sites to the public auction list shows that the Government is putting its words into action - increasing land supply to control costs in the housing market.23 Dec 1994 - 12:00am
WITH seven plots of Crown land already held back from public auction, the Government will have to come up with a tight schedule in order to sell the remaining lots within the fiscal year, analysts say.23 Nov 1994 - 12:00am
YESTERDAY'S auction results can hardly be representative of property market sentiment because of the Fanling site's awkward location and the Sha Tin lot's small size.
But there is no doubt that developers are taking a cautious attitude in land acquisitions in the face of uncertain market conditions.21 Oct 1994 - 12:00am
THE Guangzhou Maritime Court will auction the Russian-flagged Karaganda, owned by Russia's Baltic Shipping Co, on January 20 to pay money owed to Shenzhen Moscow Industry and Trade.27 Dec 1993 - 12:00am