{"id":110068,"date":"2019-08-21T07:00:10","date_gmt":"2019-08-21T00:00:10","guid":{"rendered":"http:\/\/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\/"},"modified":"2019-08-21T08:03:29","modified_gmt":"2019-08-21T01:03:29","slug":"china-home-buyers-wait-for-better-deals-as-developers-see-big-drop-in-contracted-sales-in-july-amid-economic-slowdown","status":"publish","type":"post","link":"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\/","title":{"rendered":"China home buyers wait for better deals as developers see big drop in contracted sales in July amid economic slowdown"},"content":{"rendered":"


\nPotential 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 the economy and government policies to clamp down on their debt.The biggest plunge among them was 58 per cent. The top 100 developers saw an average fall of 29 per cent.The question is whether\u2026
\n
\nSource : South China Morning Post
\nRead more…China home buyers wait for better deals as developers see big drop in contracted sales in July amid economic slowdown<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Potential homebuyers in China are waiting on the sidelines, hoping for better deals.New data suggests...<\/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-110068","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-sDi","jetpack-related-posts":[{"id":138640,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-property-crisis-country-garden-vanke-sales-spiral-as-developers-await-measures-to-ease-liquidity-stress-stimulate-demand\/","url_meta":{"origin":110068,"position":0},"title":"China property crisis: Country Garden, Vanke sales spiral as developers await measures to ease liquidity stress, stimulate demand","date":"August 4, 2023","format":false,"excerpt":"\r The slowdown in China\u2019s property market continued in July, with major developers reporting a slump in contracted sales, further exacerbating their liquidity crisis.\r \r Source : South China Morning Post\r Read more...China property crisis: Country Garden, Vanke sales spiral as developers await measures to ease liquidity stress, stimulate demand","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":111784,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-developers-cut-prices-by-up-to-10-per-cent-to-spur-sales-amid-slowdown-as-policymakers-maintain-market-curbs\/","url_meta":{"origin":110068,"position":1},"title":"China developers cut prices by up to 10 per cent to spur sales amid slowdown as policymakers maintain market curbs","date":"October 22, 2019","format":false,"excerpt":"\r China\u2019s property developers are pricing their new home projects at a discount to drum up sales amid market-cooling measures, seeking to boost cash as a sliding currency raises the cost on debt repayment.Some builders are cutting as much as 10 per cent off their selling prices to boost cash\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":63642,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-new-home-sales-growth-in-july-drops-to-slowest-pace-in-two-years\/","url_meta":{"origin":110068,"position":2},"title":"China\u2019s new home sales growth in July drops to slowest pace in two years","date":"August 14, 2017","format":false,"excerpt":"\r China\u2019s residential sales growth in July fell to its slowest pace in more than two years, echoed by a similar slowdown in contracted monthly sales for the country\u2019s largest developers. The value of new homes sold rose 4.26 per cent year on year to 779 billion yuan (US$117 billion)\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":102752,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-evergrande-targets-modest-sales-growth-for-2019-amid-weak-outlook-for-property-market\/","url_meta":{"origin":110068,"position":3},"title":"China Evergrande targets modest sales growth for 2019 amid weak outlook for property market","date":"January 8, 2019","format":false,"excerpt":"\r China Evergrande Group, one of the country\u2019s biggest property developers, has set its sales growth target for 2019 at the lowest in at least five years amid weakening demand. Evergrande is targeting 600 billion yuan (US$88 billion) in contracted sales this year, according to a filing to the Hong\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":110116,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/country-garden-among-property-developers-reporting-slowdown-in-half-yearly-profit-as-era-of-skyrocketing-growth-ends\/","url_meta":{"origin":110068,"position":4},"title":"Country Garden among property developers reporting slowdown in half-yearly profit, as era of \u2018skyrocketing\u2019 growth ends","date":"August 22, 2019","format":false,"excerpt":"\r Four mainland Chinese property developers reported slow growth in half-yearly profits on Thursday, in a sign even the top companies are losing momentum amid tighter regulations and slowing sales growth.Country Garden, the largest seller of homes in China, reported a 23.4 per cent increase in its interim core net\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":168915,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-developers-diminish-further-amid-unending-property-downturn\/","url_meta":{"origin":110068,"position":5},"title":"China\u2019s developers diminish further amid unending property downturn","date":"January 6, 2026","format":false,"excerpt":"\r China\u2019s top real estate developers continue to shrink, according to industry data. The number of mainland property developers achieving annual contracted sales of at least 100 billion yuan (US$14 billion) dropped to just 10 in 2025 from a peak of 43 in 2020, research firm China Real Estate Information\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\/110068"}],"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=110068"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/110068\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=110068"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=110068"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=110068"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}