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Yanlord Land
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Yanlord paid RMB 10.5 BIL for land in Shanghai
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huathuat88888
Elite |
17-Apr-2018 13:56
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CHINESE like to buy and buy They thought Property Prices is a straight line sure go up abd up anx UP ..... Fact is : China Property Prices are at PEAK and banks debts on debts A salary of RMB 5000 can buy RMB 3 mil houses ? Unless they have sidelime or borrow from banks too easily... Or use paremts house as mortgsge If out of control , dangerois for China financial system New Tax Levy System will cool the prices a bit | ||
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huathuat88888
Elite |
16-Apr-2018 17:00
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Too much debts. Interest rates up soon. Sian. | ||
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huathuat88888
Elite |
16-Apr-2018 10:13
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Property Prices in China had shot up 50% from 2015 to 2018. Any decline of - 10 to 15 % may have big impact ob Yanlord as they just bid high price for land parcel in Shamghai for about rmb 10 bil, excluding reaettlement exp. | ||
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huathuat88888
Elite |
16-Apr-2018 09:42
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Yanlord going into MORE DEBTS again. Senior Notes. The Chinese likes to buy and buy . Thinking China Property prices always up and up. Fact is : prices too high already China will impose new Property Tax System. HNA also likes to buy and buy. Anbang also. Then now facing HUGE DEBTS sell assets. | ||
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huathuat88888
Elite |
27-Mar-2018 16:25
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Guess Yanlord must sell at RMB 80 000 per sqm to break even. | ||
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huathuat88888
Elite |
27-Mar-2018 15:35
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Cost per GFA may exceed RMB 60 000 per sqm .
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huathuat88888
Elite |
27-Mar-2018 15:25
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Land size : 70 000 sqm
Plot Ratio 2.64 Gross Flr Area : 183 000 sqm (about RMB 60 000 per sqm) Misc : resettlement costs ...etc |
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