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Title: The residential land auction market in Hong Kong : market share and profitability
Authors: Hui, E 
Keywords: Hong Kong
Residential land market
Market concentration
Issue Date: 2002
Publisher: Routledge, Taylor & Francis Group
Source: Pacific Rim property research journal, 2002, v. 8, no. 1, p. 63-76 How to cite?
Journal: Pacific Rim property research journal 
Abstract: This paper examines the relationship between market concentration and profitability in the residential land auction market in Hong Kong. In the land auction market, competition is keen and the land acquired is arguably expensive, with the market dominated by a few companies. This paper finds that the developers tend to locate themselves in a suitable market position or strategic domains, within which they sustain competitiveness by increasing their market share. Evidence suggests that a developer would adopt the competitive strategy which adjusts its positioning in the best use of its abilities.
ISSN: 1444-5921
EISSN: 2201-6716
DOI: 10.1080/14445921.2002.11104115
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