2011-4-28 08:59
bunnylai
曾淵滄專欄 2011 04 28
[size=3][color=#0000ff][b]高地價未必利發展商[/b][/color][/size]
[size=3][color=#0000ff][/color][/size]
昨日高山道地皮拍賣,是本財政年度第一次政府土地拍賣,這幅土地有多種限制,其中最重要的是「發水」面積只限 10%,因此拍賣前業界並不看好,但最後以 15.25億元成交,算起來呎價接近 1萬元,是市場預測的上限。
市場在賣地前的預測成交價介乎 10.5億至 15.35億元, 15.35億元的預測價是中原地產旗下的測量行所作,目前,中原依然是市場的大好友,老闆施永青就多次公開唱好樓價。
為甚麼拍賣前多數行內人不看好﹖那只不過是「發水」的遊戲規則改變罷了,以前「發水」面積達 30%,目前只有 10%,於是以前所謂拍賣呎價為 1萬元者,實際上僅 7692元。現在,高山道地皮經過「發水」後的呎價約為 9061元,或者說,如果依然允許「發水」 30%,昨日賣地價應該達 18億元,即呎價 11779元。
成本高風險增
市區土地的確越來越貴,目前有多少地產商手上有大量已經補了地價可供開發的市區土地?因此,高地價已經使到地產商也陷入危機,因為若不以高價買地、高價補地價,手上土地開發完了,還能當地產發展商嗎?但高價買地、高價補地價,風險也相應提高。
以前,每逢賣地創出高價,人人都說對地產商有利,因為他們手上的土地也升值了。這種說法,是先假設地產商手上有大量已補地價或之前以較低價買入的土地。
不錯,一些老牌地產商如長江實業( 001)、新鴻基地產( 016)、恒基地產( 012)都有大量的土地儲備,但未必已經補了地價,今日在政府官員惟恐被質疑「官商勾結」的壓力下,商討補地價態度往往很強硬,地產商佔不到便宜,通過補地價而開發的成本,與在拍賣會上買地的成本不會相差太遠。
來源 :HK Portal
2011-5-17 22:52
ereruseyer
大大分享這麼正點的內容喔...真是感恩啦 [url=http://w0800.com/] [/url] [url=http://www.w0800.com/] [/url] [url=http://a901.w0800.com/] [/url] [url=http://a902.w0800.com/] [/url] [url=http://a903.w0800.com/] [/url] [url=http://a904.w0800.com/] [/url] [url=http://a905.w0800.com/] [/url] [url=http://a906.w0800.com/] [/url] [url=http://a907.w0800.com/] [/url] [url=http://a908.w0800.com/] [/url] [url=http://a909.w0800.com/] [/url] [url=http://a910.w0800.com/] [/url] [url=http://a911.w0800.com/] [/url] [url=http://a912.w0800.com/] [/url] [url=http://a913.w0800.com/] [/url] [url=http://a914.w0800.com/] [/url] [url=http://a915.w0800.com/] [/url] [url=http://a916.w0800.com/] [/url] [url=http://a917.w0800.com/] [/url] [url=http://a918.w0800.com/] [/url] [url=http://a919.w0800.com/] [/url] [url=http://a920.w0800.com/] [/url] [url=http://a921.w0800.com/] [/url] [url=http://a922.w0800.com/] [/url] [url=http://a923.w0800.com/] [/url] [url=http://a924.w0800.com/] [/url] [url=http://a925.w0800.com/] [/url] [url=http://a926.w0800.com/] [/url] [url=http://a927.w0800.com/] [/url] [url=http://a928.w0800.com/] [/url] [url=http://a929.w0800.com/] [/url] [url=http://a930.w0800.com/] [/url] [url=http://a931.w0800.com/] [/url] [url=http://a932.w0800.com/] [/url] [url=http://a933.w0800.com/] [/url] [url=http://a934.w0800.com/] [/url] [url=http://a935.w0800.com/] [/url] [url=http://a936.w0800.com/] [/url] [url=http://a937.w0800.com/] [/url] [url=http://a938.w0800.com/] [/url] [url=http://a939.w0800.com/] [/url] [url=http://a940.w0800.com/] [/url] [url=http://a941.w0800.com/] [/url] [url=http://a942.w0800.com/] [/url] [url=http://a943.w0800.com/] [/url] [url=http://a944.w0800.com/] [/url] [url=http://a945.w0800.com/] [/url] [url=http://a946.w0800.com/] [/url] [url=http://a947.w0800.com/] [/url] [url=http://a948.w0800.com/] [/url] [url=http://a949.w0800.com/] [/url] [url=http://a950.w0800.com/] [/url] [url=http://a951.w0800.com/] [/url] [url=http://a952.w0800.com/] [/url] [url=http://a953.w0800.com/] [/url] [url=http://a954.w0800.com/] [/url] [url=http://a955.w0800.com/] [/url] [url=http://a956.w0800.com/] [/url] [url=http://a957.w0800.com/] [/url] [url=http://a958.w0800.com/] [/url] [url=http://a959.w0800.com/] [/url] [url=http://a960.w0800.com/] [/url] [url=http://a961.w0800.com/] [/url] [url=http://a962.w0800.com/] [/url] [url=http://a963.w0800.com/] [/url] [url=http://a964.w0800.com/] [/url] [url=http://a965.w0800.com/] [/url] [url=http://a966.w0800.com/] [/url] [url=http://a967.w0800.com/] [/url] [url=http://a968.w0800.com/] [/url] [url=http://a969.w0800.com/] [/url] [url=http://a970.w0800.com/] [/url] [url=http://a971.w0800.com/] [/url] [url=http://a972.w0800.com/] [/url] [url=http://a973.w0800.com/] [/url] [url=http://a974.w0800.com/] [/url] [url=http://a975.w0800.com/] [/url] [url=http://a976.w0800.com/] [/url] [url=http://a977.w0800.com/] [/url] [url=http://a978.w0800.com/] [/url] [url=http://a979.w0800.com/] [/url] [url=http://a980.w0800.com/] [/url] [url=http://a981.w0800.com/] [/url] [url=http://a982.w0800.com/] [/url] [url=http://a983.w0800.com/] [/url] [url=http://a984.w0800.com/] [/url] [url=http://a985.w0800.com/] [/url] [url=http://a986.w0800.com/] [/url] [url=http://a987.w0800.com/] [/url] [url=http://a988.w0800.com/] [/url] [url=http://a989.w0800.com/] [/url] [url=http://a990.w0800.com/] [/url] [url=http://a991.w0800.com/] [/url] [url=http://a992.w0800.com/] [/url] [url=http://a993.w0800.com/] [/url] [url=http://a994.w0800.com/] [/url] [url=http://a995.w0800.com/] [/url] [url=http://a996.w0800.com/] [/url] [url=http://a997.w0800.com/] [/url] [url=http://a998.w0800.com/] [/url] [url=http://a999.w0800.com/] [/url] [url=http://a1000.w0800.com/] [/url] [url=http://y0800.com/] [/url] [url=http://www.y0800.com/] [/url] [url=http://a901.y0800.com/] [/url] [url=http://a902.y0800.com/] [/url] [url=http://a903.y0800.com/] [/url] [url=http://a904.y0800.com/] [/url] [url=http://a905.y0800.com/] [/url] [url=http://a906.y0800.com/] [/url] [url=http://a907.y0800.com/] [/url] [url=http://a908.y0800.com/] [/url] [url=http://a909.y0800.com/] [/url] [url=http://a910.y0800.com/] [/url] [url=http://a911.y0800.com/] [/url] [url=http://a912.y0800.com/] [/url] [url=http://a913.y0800.com/] [/url] [url=http://a914.y0800.com/] [/url] [url=http://a915.y0800.com/] [/url] [url=http://a916.y0800.com/] [/url] [url=http://a917.y0800.com/] [/url] [url=http://a918.y0800.com/] [/url] [url=http://a919.y0800.com/] [/url] [url=http://a920.y0800.com/] [/url] [url=http://a921.y0800.com/] [/url] [url=http://a922.y0800.com/] [/url] [url=http://a923.y0800.com/] [/url] [url=http://a924.y0800.com/] [/url] [url=http://a925.y0800.com/] [/url] [url=http://a926.y0800.com/] [/url] [url=http://a927.y0800.com/] [/url] [url=http://a928.y0800.com/] [/url] [url=http://a929.y0800.com/] [/url] [url=http://a930.y0800.com/] [/url] [url=http://a931.y0800.com/] [/url] [url=http://a932.y0800.com/] [/url] [url=http://a933.y0800.com/] [/url] [url=http://a934.y0800.com/] [/url] [url=http://a935.y0800.com/] [/url] [url=http://a936.y0800.com/] [/url] [url=http://a937.y0800.com/] [/url] [url=http://a938.y0800.com/] [/url] [url=http://a939.y0800.com/] [/url] [url=http://a940.y0800.com/] [/url] [url=http://a941.y0800.com/] [/url] [url=http://a942.y0800.com/] [/url] [url=http://a943.y0800.com/] [/url] [url=http://a944.y0800.com/] [/url] [url=http://a945.y0800.com/] [/url] [url=http://a946.y0800.com/] [/url] [url=http://a947.y0800.com/] [/url] [url=http://a948.y0800.com/] [/url] [url=http://a949.y0800.com/] [/url] [url=http://a950.y0800.com/] [/url] [url=http://a951.y0800.com/] [/url] [url=http://a952.y0800.com/] [/url] [url=http://a953.y0800.com/] [/url] [url=http://a954.y0800.com/] [/url] [url=http://a955.y0800.com/] [/url] [url=http://a956.y0800.com/] [/url] [url=http://a957.y0800.com/] [/url] [url=http://a958.y0800.com/] [/url] [url=http://a959.y0800.com/] [/url] [url=http://a960.y0800.com/] [/url] [url=http://a961.y0800.com/] [/url] [url=http://a962.y0800.com/] [/url] [url=http://a963.y0800.com/] [/url] [url=http://a964.y0800.com/] [/url] [url=http://a965.y0800.com/] [/url] [url=http://a966.y0800.com/] [/url] [url=http://a967.y0800.com/] [/url] [url=http://a968.y0800.com/] [/url] [url=http://a969.y0800.com/] [/url] [url=http://a970.y0800.com/] [/url] [url=http://a971.y0800.com/] [/url] [url=http://a972.y0800.com/] [/url] [url=http://a973.y0800.com/] [/url] [url=http://a974.y0800.com/] [/url] [url=http://a975.y0800.com/] [/url] [url=http://a976.y0800.com/] [/url] [url=http://a977.y0800.com/] [/url] [url=http://a978.y0800.com/] [/url] [url=http://a979.y0800.com/] [/url] [url=http://a980.y0800.com/] [/url] [url=http://a981.y0800.com/] [/url] [url=http://a982.y0800.com/] [/url] [url=http://a983.y0800.com/] [/url] [url=http://a984.y0800.com/] [/url] [url=http://a985.y0800.com/] [/url] [url=http://a986y0800.com/] [/url] [url=http://a987.y0800.com/] [/url] [url=http://a988.y0800.com/] [/url] [url=http://a989.y0800.com/] [/url] [url=http://a990.y0800.com/] [/url] [url=http://a991.y0800.com/] [/url] [url=http://a992.y0800.com/] [/url] [url=http://a993.y0800.com/] [/url] [url=http://a994.y0800.com/] [/url] [url=http://a995.y0800.com/] [/url] [url=http://a996.y0800.com/] [/url] [url=http://a997.y0800.com/] [/url] [url=http://a998.y0800.com/] [/url] [url=http://a999.y0800.com/] [/url] [url=http://a1000.y0800.com/] [/url] [url=http://z0800.com/] [/url] [url=http://www.z0800.com/] [/url] [url=http://a901.z0800.com/] [/url] [url=http://a902.z0800.com/] [/url] [url=http://a903.z0800.com/] [/url] [url=http://a904.z0800.com/] [/url] [url=http://a905.z0800.com/] [/url] [url=http://a906.z0800.com/] [/url] [url=http://a907.z0800.com/] [/url] [url=http://a908.z0800.com/] [/url] [url=http://a909.z0800.com/] [/url] [url=http://a910.z0800.com/] [/url] [url=http://a911.z0800.com/] [/url] [url=http://a912.z0800.com/] [/url] [url=http://a913.z0800.com/] [/url] [url=http://a914.z0800.com/] [/url] [url=http://a915.z0800.com/] [/url] [url=http://a916.z0800.com/] [/url] [url=http://a917.z0800.com/] [/url] [url=http://a918.z0800.com/] [/url] [url=http://a919.z0800.com/] [/url] [url=http://a920.z0800.com/] [/url] [url=http://a921.z0800.com/] [/url] [url=http://a922.z0800.com/] [/url] [url=http://a923.z0800.com/] [/url] [url=http://a924.z0800.com/] [/url] [url=http://a925.z0800.com/] [/url] [url=http://a926.z0800.com/] [/url] [url=http://a927.z0800.com/] [/url] [url=http://a928.z0800.com/] [/url] [url=http://a929.z0800.com/] [/url] [url=http://a930.z0800.com/] [/url] [url=http://a931.z0800.com/] [/url] [url=http://a932.z0800.com/] [/url] [url=http://a933.z0800.com/] [/url] [url=http://a934.z0800.com/] [/url] [url=http://a935.z0800.com/] [/url] [url=http://a936.z0800.com/] [/url] [url=http://a937.z0800.com/] [/url] [url=http://a938.z0800.com/] [/url] [url=http://a939.z0800.com/] [/url] [url=http://a940.z0800.com/] [/url] [url=http://a941.z0800.com/] [/url] [url=http://a942.z0800.com/] [/url] [url=http://a943.z0800.com/] [/url] [url=http://a944.z0800.com/] [/url] [url=http://a945.z0800.com/] [/url] [url=http://a946.z0800.com/] [/url] [url=http://a947.z0800.com/] [/url] [url=http://a948.z0800.com/] [/url] [url=http://a949.z0800.com/] [/url] [url=http://a950.z0800.com/] [/url] [url=http://a951.z0800.com/] [/url] [url=http://a952.z0800.com/] [/url] [url=http://a953.z0800.com/] [/url] [url=http://a954.z0800.com/] [/url] [url=http://a955.z0800.com/] [/url] [url=http://a956.z0800.com/] [/url] [url=http://a957.z0800.com/] [/url] [url=http://a958.z0800.com/] [/url] [url=http://a959.z0800.com/] [/url] [url=http://a960.z0800.com/] [/url] [url=http://a961.z0800.com/] [/url] [url=http://a962.z0800.com/] [/url] [url=http://a963.z0800.com/] [/url] [url=http://a964.z0800.com/] [/url] [url=http://a965.z0800.com/] [/url] [url=http://a966.z0800.com/] [/url] [url=http://a967.z0800.com/] [/url] [url=http://a968.z0800.com/] [/url] [url=http://a969.z0800.com/] [/url] [url=http://a970.z0800.com/] [/url] [url=http://a971.z0800.com/] [/url] [url=http://a972.z0800.com/] [/url] [url=http://a973.z0800.com/] [/url] [url=http://a974.z0800.com/] [/url] [url=http://a975.z0800.com/] [/url] [url=http://a976.z0800.com/] [/url] [url=http://a977.z0800.com/] [/url] [url=http://a978.z0800.com/] [/url] [url=http://a979.z0800.com/] [/url] [url=http://a980.z0800.com/] [/url] [url=http://a981.z0800.com/] [/url] [url=http://a982.z0800.com/] [/url] [url=http://a983.z0800.com/] [/url] [url=http://a984.z0800.com/] [/url] [url=http://a985.z0800.com/] [/url] [url=http://a986.z0800.com/] [/url] [url=http://a987.z0800.com/] [/url] [url=http://a988.z0800.com/] [/url] [url=http://a989.z0800.com/] [/url] [url=http://a990.z0800.com/] [/url] [url=http://a991.z0800.com/] [/url] [url=http://a992.z0800.com/] [/url] [url=http://a993.z0800.com/] [/url] [url=http://a994.z0800.com/] [/url] [url=http://a995.z0800.com/] [/url] [url=http://a996.z0800.com/] [/url] [url=http://a997.z0800.com/] [/url] [url=http://a998.z0800.com/] [/url] [url=http://a999.z0800.com/] [/url] [url=http://a1000.z0800.com/] [/url] [url=http://b1.w0800.com/] [/url] [url=http://b2.w0800.com/] [/url] [url=http://b3.w0800.com/] [/url] [url=http://b4.w0800.com/] [/url] [url=http://b5.w0800.com/] [/url] [url=http://b1.x0800.com/] [/url] [url=http://b2.x0800.com/] [/url] [url=http://b3.x0800.com/] [/url] [url=http://b4.x0800.com/] [/url] [url=http://b5.x0800.com/] [/url] [url=http://b1.y0800.com/] [/url] [url=http://b2.y0800.com/] [/url] [url=http://b3.y0800.com/] [/url] [url=http://b4.y0800.com/] [/url] [url=http://b5.y0800.com/] [/url] [url=http://b1.z0800.com/] [/url] [url=http://b2.z0800.com/] [/url] [url=http://b3.z0800.com/] [/url] [url=http://b4.z0800.com/] [/url] [url=http://b5.z0800.com/] [/url]