{"id":108634,"date":"2019-07-02T15:46:13","date_gmt":"2019-07-02T08:46:13","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-builders-face-a-tough-choice-sacrifice-profit-now-to-generate-cash-or-wait-for-better-times\/"},"modified":"2019-07-02T17:05:40","modified_gmt":"2019-07-02T10:05:40","slug":"chinese-builders-face-a-tough-choice-sacrifice-profit-now-to-generate-cash-or-wait-for-better-times","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-builders-face-a-tough-choice-sacrifice-profit-now-to-generate-cash-or-wait-for-better-times\/","title":{"rendered":"Chinese builders face a tough choice: sacrifice profit now to generate cash or wait for better times"},"content":{"rendered":"


\nChinese developers are increasingly being forced to sell their new units at losses, or close to cost, in order to get buyers into their showrooms and generate cash, amid a clampdown on financing that forms part of the government\u2019s campaign to pare back debt.The huge discounts involved have been drawing hoards of potential buyers, who have in turn shunned more expensive lived-in homes and new units that are charging market rates.Yanlord Riverbay, a project in downtown Chengdu by Singaporean\u2026
\n
\nSource : South China Morning Post
\nRead more…Chinese builders face a tough choice: sacrifice profit now to generate cash or wait for better times<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Chinese developers are increasingly being forced to sell their new units at losses, or close...<\/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-108634","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-sga","jetpack-related-posts":[{"id":124207,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/ma-activity-of-chinese-property-management-firms-poised-to-jump-this-year-amid-rush-to-raise-much-needed-cash\/","url_meta":{"origin":108634,"position":0},"title":"M&A activity of Chinese property management firms poised to jump this year amid rush to raise much-needed cash","date":"January 12, 2022","format":false,"excerpt":"\r The property management units of struggling Chinese developers will engage in more mergers and acquisitions to generate much-needed cash this year, analysts forecast.Meanwhile, their healthier peers are poised to tap capital markets to raise the funds to buy some of their offloaded assets.The number of M&A deals and the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":99112,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/as-homebuyers-wait-on-the-sidelines-builders-tempt-them-with-special-mortgage-rates-cash-discounts\/","url_meta":{"origin":108634,"position":1},"title":"As homebuyers wait on the sidelines, builders tempt them with special mortgage rates, cash discounts","date":"October 4, 2018","format":false,"excerpt":"\r Hong Kong developers are offering cash rebates and lower mortgage rates to drum up sales after residential transactions hit a 20-month low, as rising interest rates, volatile stock market and worsening US-China trade war keep buyers on the sidelines. Vanke Property (Hong Kong), a wholly owned unit of China\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":82671,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/apac-realty-mln-join-forces-to-target-wealthy-chinese-property-buyers\/","url_meta":{"origin":108634,"position":2},"title":"APAC Realty, MLN join forces to target wealthy Chinese property buyers","date":"March 14, 2018","format":false,"excerpt":"\r Jack Chua, executive director and CEO of APAC Realty. Singapore-listed real estate brokerage APAC Realty, which operates under the ERA brand, on Wednesday (14 Mar) inked a partnership agreement with MLN Overseas (Singapore), a leading real estate company in China, to bring more wealthy Chinese buyers into Singapore, Bangkok\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":99170,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hard-to-find-flats-priced-under-hk4m-back-on-the-market-as-developers-court-young-buyers\/","url_meta":{"origin":108634,"position":3},"title":"Hard to find flats priced under HK$4m back on the market as developers court young buyers","date":"October 5, 2018","format":false,"excerpt":"\r Young buyers eager to get on the property ladder can heave a sigh of relief as more flats priced under HK$4 million (US$510,341) are coming on the market. Kowloon Development on Thursday released the price list for 130 of its 646-unit One East Coast residential project in Yau Tong,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":110687,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/some-sellers-look-to-profit-from-enhanced-housing-grant\/","url_meta":{"origin":108634,"position":4},"title":"Some sellers look to profit from enhanced housing grant","date":"September 12, 2019","format":false,"excerpt":"\r Several property agents, however, believe that such opportunistic moves will not work. With the introduction of higher income ceiling and higher grants expected to boost the HDB resale market, some sellers wasted no time to raise their asking price in the hopes of gaining more profits. In fact, a\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":8718,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/singaporean-homes-still-a-hit-among-chinese-buyers\/","url_meta":{"origin":108634,"position":5},"title":"Singaporean homes still a hit among Chinese buyers","date":"March 21, 2016","format":false,"excerpt":"\r Things might have slowed down a bit, but overall it\u2019s better than 2008 Mainland Chinese and Malaysian buyers formed 54 percent of foreign home purchases in 2015 Despite facing weaker currencies and slowing economies, mainland Chinese and Malaysians remain the top foreign buyers of Singapore property, revealed DTZ. Together,\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\/108634"}],"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=108634"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/108634\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=108634"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=108634"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=108634"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}