The first two quarters of land sales revenue forced to break the record

This year the government approved a number of astronomical king, coupled with the rural police rush to the residential land, so that the proceeds of the sale soaring, if together with the tender results will be announced this week, Tuen Mun residential land in the first half of the proceeds will be equal to 100 billion Mark, expected more than 99.8 billion yuan, more than last year more than 15 billion yuan, the first half of the first half has been broken through the calendar year sales record.

In the first half of this year, government sales statistics

According to the Lands Department, the first half of the year approved nine residential or commercial land with a total land price of over $ 97.2 billion. In the first half of the year, the total land price will be over $ 99.8 billion in the first half of the year, when the ceiling is estimated at about $ 2.6 billion. A total of more than $ 18 billion in land sales for more than $ 84 billion in 28 places last year.

China wins four residential land

This year, the Chinese government to grab the Hong Kong residential land, during the period approved by the four residential land by the Chinese investment, involving more than 37 billion yuan, while the local developers compete for the core area of ​​commercial land, driven by the first half of a single land price history The most expensive record. In February, Longguang Real Estate (03380) and KWG shared a total of more than $ 16,655 billion into the residential land of Liannan Road, Ap Lei Chau, which broke the old record of about $ 11.8 billion in the residential area of ​​Siu Sai Wan Reclamation in 1997. Land sales record.

The Government subsequently awarded two “20 billion kings” successively in May, which was sold by Central Mercer Road Commercial Sale at $ 23.28 billion, but the business received by Henderson Land (00012) To record only two weeks, that was Nanfeng to more than 24.6 billion yuan investment in the Kai Tak No. 1F District 2 site business / hotel to break.

Gao Li International Asia valuation and advisory services, Deputy Managing Director Zhang Qizhu that the first half of the grant of a lot of attention to the land, large land, high unit price, so the proceeds of the sale is very impressive.

The annual amount of 500 million

But he said, I believe the second half may not be able to maintain such a strong, even before the record is a large commercial area of ​​the city, the second half of the available large-scale land less than the first half, is expected mainly from the Kai Tak Development Zone. Coupled with the estimated capital to make money control, the bid may not be aggressive, expected in the second half of the land sales will be reduced, the annual income of about 150 billion yuan.