{"id":111451,"date":"2019-10-08T17:12:40","date_gmt":"2019-10-08T10:12:40","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/golden-week-property-sales-plunge-in-major-chinese-cities-amid-slowing-economy-tight-mortgage-conditions\/"},"modified":"2019-10-08T19:05:21","modified_gmt":"2019-10-08T12:05:21","slug":"golden-week-property-sales-plunge-in-major-chinese-cities-amid-slowing-economy-tight-mortgage-conditions","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/golden-week-property-sales-plunge-in-major-chinese-cities-amid-slowing-economy-tight-mortgage-conditions\/","title":{"rendered":"\u2018Golden week\u2019 property sales plunge in major Chinese cities amid slowing economy, tight mortgage conditions"},"content":{"rendered":"


\nProperty sales in China\u2019s major cities saw one of their worst \u201cgolden week\u201d holidays in years, as buyers held back amid a slowing economy and tight restrictions on mortgage loans.Sales of new homes in Beijing dropped to their lowest level since 2014 during the week following the National Day holiday, according to data from the property information portal Zhuge.com.By area, sales of new homes in Shanghai plummeted 86 per cent to 5,000 square metres, while the capital saw a 92 per cent plunge to\u2026
\n
\nSource : South China Morning Post
\nRead more…\u2018Golden week\u2019 property sales plunge in major Chinese cities amid slowing economy, tight mortgage conditions<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Property sales in China\u2019s major cities saw one of their worst \u201cgolden week\u201d holidays in...<\/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-111451","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-sZB","jetpack-related-posts":[{"id":51837,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/starbucks-sees-uk-profits-plunge-60pc-as-brexit-and-slowing-economy-hit-sales\/","url_meta":{"origin":111451,"position":0},"title":"Starbucks sees UK profits plunge 60pc as Brexit and slowing economy hit sales","date":"April 13, 2017","format":false,"excerpt":"\r \r \r Source : telegraph.co.uk\r Read more...Starbucks sees UK profits plunge 60pc as Brexit and slowing economy hit sales","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":103000,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/prices-of-chinas-new-homes-grow-at-the-weakest-pace-in-eight-months-as-purchase-curbs-bite-hard-amid-a-slowing-economy\/","url_meta":{"origin":111451,"position":1},"title":"Prices of China\u2019s new homes grow at the weakest pace in eight months as purchase curbs bite hard amid a slowing economy","date":"January 16, 2019","format":false,"excerpt":"\r Prices of China\u2019s new homes grew at the slowest pace in eight months in December, as the government\u2019s curbs on speculation dampened sentiments amid a slowing economy, their impact particularly hard-felt in the country\u2019s smaller cities. The prices of new homes rose by 0.77 per cent last month across\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":124580,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shenzhens-2021-lived-in-home-sales-shrink-to-15-year-low-as-chinas-property-market-freeze-sets-in\/","url_meta":{"origin":111451,"position":2},"title":"Shenzhen\u2019s 2021 lived-in home sales shrink to 15-year low as China\u2019s property market freeze sets in","date":"February 15, 2022","format":false,"excerpt":"\r Shenzhen\u2019s housing market has gone into deep freeze, as a mixture of anti-speculation measures and a slowing economy sent the market contraction into overdrive, causing sales of lived-in homes in the secondary market to plunge to a 15-year low.Sales of second-hand homes plunged 60 per cent to 40,699 last\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":143089,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/debt-stricken-sino-ocean-warns-of-hefty-losses-amid-plunge-in-home-sales-as-turnaround-eludes-chinese-developers\/","url_meta":{"origin":111451,"position":3},"title":"Debt-stricken Sino-Ocean warns of hefty losses amid plunge in home sales as turnaround eludes Chinese developers","date":"March 19, 2024","format":false,"excerpt":"\r Debt-stricken Sino-Ocean warns losses in 2023 could widen by as much as 21 per cent to 23 billion yuan (US$3.2 billion) as home sales plunged, margins narrowed and provision for asset impairment increased.\r \r Source : South China Morning Post\r Read more...Debt-stricken Sino-Ocean warns of hefty losses amid plunge\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":104693,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-estates-selling-a-single-home-last-year-posts-a-72-per-cent-plunge-in-profit-as-sales-and-equity-investments-shrink\/","url_meta":{"origin":111451,"position":4},"title":"Chinese Estates, selling a single home last year, posts a 72 per cent plunge in profit as sales and equity investments shrink","date":"March 5, 2019","format":false,"excerpt":"\r Chinese Estates Holdings, the Hong Kong real estate developer controlled by the family of tycoon Joseph Lau Luen-hung, reported its biggest profit plunge since 2010, as it sold a single apartment unit amid a cooling property market last year.The company, chaired by Lau\u2019s 38-year-old son Lau Ming-wai, had a\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":114662,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-hottest-real-estate-market-freezes-over-as-february-home-sales-plunge-80-per-cent-amid-a-dearth-of-transactions-during-coronavirus-outbreak\/","url_meta":{"origin":111451,"position":5},"title":"China\u2019s hottest real estate market freezes over as February home sales plunge 80 per cent amid a dearth of transactions during coronavirus outbreak","date":"March 3, 2020","format":false,"excerpt":"\r Shenzhen, mainland China\u2019s hottest property market last year, has seen an 80 per cent decline in home sales amid the coronavirus epidemic, Hong Kong brokerage Midland Realty said.The technology hub reported 1,667 sales of lived-in homes last month, down from 7,499 units and 10,000 units sold in January and\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\/111451"}],"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=111451"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/111451\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=111451"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=111451"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=111451"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}