{"id":101552,"date":"2018-11-22T17:43:27","date_gmt":"2018-11-22T10:43:27","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-developers-under-pressure-to-lower-prices-at-new-projects-says-longfor-ceo-shao-mingxiao\/"},"modified":"2018-11-22T18:03:08","modified_gmt":"2018-11-22T11:03:08","slug":"chinese-developers-under-pressure-to-lower-prices-at-new-projects-says-longfor-ceo-shao-mingxiao","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-developers-under-pressure-to-lower-prices-at-new-projects-says-longfor-ceo-shao-mingxiao\/","title":{"rendered":"Chinese developers under pressure to lower prices at new projects, says Longfor CEO Shao Mingxiao"},"content":{"rendered":"


\nHome prices in China will continue to fall, as new projects in particular face slowing demand, according to the boss of one of the country\u2019s biggest property developers.
\nShao Mingxiao, CEO of Longfor Group, said life is becoming tougher for builders after a slew of government measures in recent months to take the heat out of the market.
\n\u201cWe see that the purchase cycle, from visiting a project to sealing the deal, has become longer as buyers are getting cold feet. Doing property…
\n
\nSource : South China Morning Post
\nRead more…Chinese developers under pressure to lower prices at new projects, says Longfor CEO Shao Mingxiao<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Home prices in China will continue to fall, as new projects in particular face slowing...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-101552","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-qpW","jetpack-related-posts":[{"id":33492,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/longfor-on-the-hunt-for-out-of-town-shopping-centre-sites-but-chief-executive-rules-out-foreign-investment\/","url_meta":{"origin":101552,"position":0},"title":"Longfor on the hunt for out-of-town shopping centre sites, but chief executive rules out foreign investment","date":"November 8, 2016","format":false,"excerpt":"\r Real estate veteran Shao Mingxiao has remained as low key as his boss Wu Yajun, the founder and chairman of Longfor Properties, and once China\u2019s richest woman. Joining Longfor in 2006, Shao was very much Wu\u2019s right-hand man, and was appointed chief executive officer in 2011 when she stepped\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":33468,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/elections-in-2018-may-pose-a-threat-to-chinas-property-market\/","url_meta":{"origin":101552,"position":1},"title":"Elections in 2018 may pose a threat to China\u2019s property market","date":"November 8, 2016","format":false,"excerpt":"\r Home prices and transaction volumes in China will face some pressure next year but 2018 is the time to start worrying, according to Shao Mingxiao, chief executive of Longfor Properties. He said the country\u2019s leadership elections in two years pose a potential threat to the property market because it\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":74244,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-listed-longfor-subsidiary-first-to-seek-nod-for-china-rental-housing-bonds\/","url_meta":{"origin":101552,"position":2},"title":"Hong Kong-listed Longfor subsidiary first to seek nod for China rental housing bonds","date":"December 11, 2017","format":false,"excerpt":"\r China\u2019s push to develop the rental housing sector is offering cash-strapped developers a way back to the onshore bond market after more than a year of issuance restrictions aimed at cooling down property prices. Longfor Chongqing Enterprise Development, a domestic subsidiary of Hong Kong-listed Longfor Properties, last week filed\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":131305,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-developers-spook-investors-as-cifi-halts-bond-payments-after-longfor-country-garden-roil-markets\/","url_meta":{"origin":101552,"position":3},"title":"Chinese developers spook investors as CIFI halts bond payments after Longfor, Country Garden roil markets","date":"November 1, 2022","format":false,"excerpt":"\r The company joins Country Garden and Longfor on a list of developers once considered healthy but exhibiting signs of distress this week, as the situation in China\u2019s housing market deteriorates further.\r \r Source : South China Morning Post\r Read more...Chinese developers spook investors as CIFI halts bond payments after\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":148061,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-property-developers-from-vanke-to-longfor-see-october-sales-surge\/","url_meta":{"origin":101552,"position":4},"title":"China\u2019s property developers from Vanke to Longfor see October sales surge","date":"November 9, 2024","format":false,"excerpt":"\r A release of pent-up demand driven by rate cuts has given developers a much-needed sales boost.\r \r Source : South China Morning Post\r Read more...China\u2019s property developers from Vanke to Longfor see October sales surge","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":131555,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/longfor-taps-bond-guarantee-plan-sending-stocks-soaring-amid-hopes-that-chinas-financial-lifeline-can-save-more-property-developers\/","url_meta":{"origin":101552,"position":5},"title":"Longfor taps bond guarantee plan, sending stocks soaring amid hopes that China\u2019s financial lifeline can save more property developers","date":"November 11, 2022","format":false,"excerpt":"\r The plan is the crucial \u201c second arrow \u201d in the government\u2019s quiver of financial support for the property sector, saddled with overdue bonds, unfinished homes and dozens of developers on the brink of bankruptcy.\r \r Source : South China Morning Post\r Read more...Longfor taps bond guarantee plan, sending\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/101552"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=101552"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/101552\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=101552"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=101552"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=101552"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}