Small consortia seats and seize territory 31.8 billion Lie to 57%

While the property market turnaround over Jianglong She bit

The property market in the previous fiscal year turnaround, the land market increased from heaven to hell fall. The face of market volatility, the five developers to buy land more conservative attitude, in addition to a new earth, the other four are a consortium from the two stop. Instead taking advantage of small and medium developers rush to real estate, in particular, the success of a group of mainland Martial Law "taken place", denounced the fiscal year total 31.8 billion yuan to buy land, buy land for the total amount of 57%. Surveyors means, since the fiscal year on a lot of the consortium has not yet fetched, I believe the future will be more aggressive land grab, the new fiscal year, "contending" expected to continue. ■ Hong Kong Wenhui newspaper reporter Yan Lunyue

Last financial year, the sale of land by a peak market hit bottom. The first half of the fiscal year is still a booming property market, the market appeared frequently "king," but a stock market crash in August, sharply bullish, first in November last year, Tsing Yi thin mountain land bids, opened the curtain of land collapse of the market, and since then as fire boat chain, Fai Road, Tai Po, land set aside land, land in Tai Po Lai Chi Shan extension tender, innovative low-cost land deal and the like.

Small enterprising consortium to buy 16

Faced with the reversal in market conditions, large developers voted to become extremely cautious. Our statistics show that last year the government and "a Railway First", etc. sold a total of 24 land (Crown 14, "a Railway First" 10), in which the five traditional large developers (Sun Hung Kai Properties, Henderson Land Cheung Kong, New World development, Wheelock) bought a total of eight land, involving more than 23.963 billion yuan, and the remaining 16 land carved up by a consortium of 15, involving a total capital of about 31.785 billion yuan, more than the "big William Thomas Mercer" near 8.0 billion. Consortium to buy the amount of 15 total amount of 55.748 billion yuan to buy 57%.

It is worth noting that the five major real estate developers to buy land 8, there are five first-half years to buy, buy only three in the second half of the fiscal year, reflecting the "bigWilliam Thomas Mercer "in the second half of the fiscal year to buy land significantly more conservative attitude.

Consortiums bidding conservatively enough land bank

Ideal city business valuation, director Zhang Shengdian said the government actively pushing the past five years, the large developers have to absorb a lot of land during sufficient period of time to develop, market conditions and the past six months fell, slowing the speed of the developers selling properties, also naturally slow down absorb the pace of land, buy land has become more "picky", also tend to "conservative value" when cast bid.

Furthermore, by the Legislative Council, "Raab" influence, a substantial reduction in government projects, many contractors and consultants up to grab two or three standard, developers flexible than before on control costs mentality now become a "mark to the development , marking the Well Well also will pity. " This mentality has created a group of "new faces" developers into the market, especially in the capital on the success of a few years "taken place" bid Multiple land development.

Our statistics, Chinese in Hong Kong last year to buy a total of four residential land, housing prices in the leading Vanke breath buy two sites, involving funding of 5.106 billion yuan in volume as a public enterprise in the room and fetched up to . However, terms of the amount of dollars, it is most marked in green Shimao, spend 7.02 billion yuan to buy Tai Wo Ping Yin Ping Road to the mansion. Force, the epic four too Angela Leong's Hisayoshi silver and high finance also were awarded a land.

Vanke Shimao grab most brave Chinese

Zhang Shengdian represents, in fact, many "students face and mouth," the consortium bid for the previous year have not yet land, believe that the new fiscal year, the market will continue to be "a hundred schools contend." Careful attention to the subject of the consortium have taken the previous year, you will find this statement is true, according to information released by the Lands Department, Hang Lung Properties, KWG, Eagle Group, Country Garden, Derek Group last year, are only off the field rans ; several letters, letters home, ASH and other "regulars" last year has not been seen for Houston.

Looking ahead, the industry generally are not optimistic about prospects for the sale of land, Zhang Shengdian said land involves more risk considerations, down more than the usual prices, forecast for this year fell by at least 15%. In fact, the Government has realized that changes in the market, has recently been adjusted pieces of land reserve price, Zhang is the most obvious means tender in February this year in Tseung Kwan O Lohas 10, premium 2,044 yuan per square foot, compared to 3 months before the same district near land class, premium actually fell 20%.

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