{"id":102026,"date":"2018-12-05T05:48:24","date_gmt":"2018-12-04T22:48:24","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/sales-at-chinas-top-developers-plunge-in-november-as-property-market-stares-at-year-of-recession\/"},"modified":"2018-12-05T06:02:49","modified_gmt":"2018-12-04T23:02:49","slug":"sales-at-chinas-top-developers-plunge-in-november-as-property-market-stares-at-year-of-recession","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sales-at-chinas-top-developers-plunge-in-november-as-property-market-stares-at-year-of-recession\/","title":{"rendered":"Sales at China\u2019s top developers plunge in November as property market stares at year of recession"},"content":{"rendered":"


\nTwo of China\u2019s top three leading property developers saw their November sales plunge even after cutting prices by nearly a third at some of their projects, as fears of a housing recession grows larger.
\nChina Evergrande, the country\u2019s third-largest property developer by sales, reported on Tuesday that contracted sales declined 29 per cent to 34.1 billion yuan (US$5 billion) in November from a year earlier, a day after Country Garden Holdings, the nation\u2019s biggest developer,…
\n
\nSource : South China Morning Post
\nRead more…Sales at China\u2019s top developers plunge in November as property market stares at year of recession<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Two of China\u2019s top three leading property developers saw their November sales plunge even after...<\/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-102026","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-qxA","jetpack-related-posts":[{"id":110068,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-home-buyers-wait-for-better-deals-as-developers-see-big-drop-in-contracted-sales-in-july-amid-economic-slowdown\/","url_meta":{"origin":102026,"position":0},"title":"China home buyers wait for better deals as developers see big drop in contracted sales in July amid economic slowdown","date":"August 21, 2019","format":false,"excerpt":"\r Potential homebuyers in China are waiting on the sidelines, hoping for better deals.New data suggests a break in prices might be coming.In July, China\u2019s top 10 builders recorded a month-on-month fall of 80 billion yuan (US$11.4 billion) in total contracted sales, due to a combination of a slowdown in\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":57080,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-big-developers-saw-sales-decline-in-may-on-property-curbs\/","url_meta":{"origin":102026,"position":1},"title":"China\u2019s big developers saw sales decline in May on property curbs","date":"June 6, 2017","format":false,"excerpt":"\r China\u2019s top three mega developers, which represent a tenth of the country\u2019s market, saw their contracted sales drop 14.4 per cent month on month in May as property tightening measures continue to weigh on the market and developers delay sales amid price controls. The big three delivered combined sales\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":29465,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-developer-shares-plunge-after-property-curbs\/","url_meta":{"origin":102026,"position":2},"title":"Chinese developer shares plunge after property curbs","date":"October 11, 2016","format":false,"excerpt":"\r Dongguan the latest Chinese city to rein in surging market Shenzhen Stock Exchange building. zhu difeng \/ Shutterstock.com Shares in China\u2019s real estate firms faltered steeply after a wave of cooling measures swept bubbly housing markets during the week-long holidays around National Day. Staggering losses by mainland developers such\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":84394,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-top-three-developers-see-sales-slow-in-first-quarter\/","url_meta":{"origin":102026,"position":3},"title":"China\u2019s top three developers see sales slow in first quarter","date":"April 3, 2018","format":false,"excerpt":"\r China\u2019s \u201cbig three\u201d developers continued to dominate the country\u2019s home sales in the first quarter, according to a leading industry ranking. But their sales momentum slowed considerably, with each enjoying mixed fortunes compared with the same time last year. Country Garden, China\u2019s largest developer in terms of 2017 sales\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":128327,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shimao-once-hailed-as-one-of-chinas-stronger-developers-sued-by-uob-over-terms-of-us1-3-billion-loan\/","url_meta":{"origin":102026,"position":4},"title":"Shimao, once hailed as one of China\u2019s stronger developers, sued by UOB over terms of US$1.3 billion loan","date":"July 28, 2022","format":false,"excerpt":"\r Shimao, China\u2019s 22nd biggest developer by sales in the first half, was once considered one of the country\u2019s stronger developers, but had been trading at distressed levels in the dollar bond market for months now.\r \r Source : South China Morning Post\r Read more...Shimao, once hailed as one of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":110283,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-evergrande-first-major-mainland-developer-to-report-profit-decline-as-cooling-measures-hit-sales\/","url_meta":{"origin":102026,"position":5},"title":"China Evergrande first major mainland developer to report profit decline as cooling measures hit sales","date":"August 28, 2019","format":false,"excerpt":"\r China Evergrande, the country\u2019s third largest property developer by sales, posted a 45 per cent plunge in first-half core profit on Wednesday, becoming the first among the mainland\u2019s top developers to report a decline in earnings.The sharp fall in core earnings \u2013 its first drop since the first half\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\/102026"}],"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=102026"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/102026\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=102026"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=102026"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=102026"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}